Peace with Palestine

The headline today is that Israel and Palestine have never been this close to making peace. Read it here; http://afp.google.com/article/ALeqM5haMdR7i8HtEAWUq31K14-dNC_dqA

Is this true? Can Abbas speak for the Palestinian people when he has no control over Gaza and Hamas?

We are commanded to pray for the peace of Jerusalem, so let's hope that this headline really is going to have some basis in truth.