Israel Strikes Gaza for Third Day

Israel's three days of airstrikes on the Gaza Strip is its most ferocious attack on Palestinians in decades, leaving some three hundred dead and more than six hundred wounded. Questions are being raised about whether Israel intends to launch a ground offensive as well. Israel is targeting Hamas strongholds to stop the Islamic Palestinian group from launching rockets into southern Israel. But the Gaza Strip is a tiny, densely crowded area, and civilians who live and work close to Hamas institutions have been caught in the fire. The International Red Cross has appealed that urgent humanitarian assistance be allowed to enter Gaza and tens of thousands of people have protested in the streets of Arab capitals. What role do upcoming parliamentary elections play in timing of Israel's military actions? How are Arab nations responding? What impact will the strikes have on the way President-elect Obama shapes his foreign policy agenda?