Israeli President Shimon Peres (right) and U.S. Secretary of State Hillary Rodham Clinton share a laugh before their meeting at the president's residence in Jerusalem on Monday, July 16, 2012. (AP Photo/Brendan Smialowski, Pool)

Photo by: Brendan Smialowski

Israeli President Shimon Peres (right) and U.S. Secretary of State Hillary Rodham Clinton share a laugh before their meeting at the president's residence in Jerusalem on Monday, July 16, 2012. (AP Photo/Brendan Smialowski, Pool)