* Barak: All options open regarding Iran Israel is not ruling out any option when it comes to dealing with Iran’s nuclear program.

* Europe unveils its vision for global financial reform EU leaders have agreed on a set of principles that should guide future talks on the reform of the global financial architecture.

* Iran irked by Obama’s tough language Iran’s parliament speaker slammed on Saturday comments made by President-elect Barack Obama in which he said that a nuclear-armed Iran was “unacceptable.”

* Palestinians: IDF, Hamas exchange gunfire in Gaza Strip Israel Defense Forces soldiers exchanged fire with Palestinian gunmen on Saturday in the Gaza Strip.

* Sadr: ‘Beware’ of supporting Washington Influential Shiite clerics and lawmakers issued a variety of edicts in opposition to the long-term security arrangement with the United States.

* Meshal says Obama has no choice but to talk to Hamas Hamas political bureau chief Khaled Meshal told Sky News on Saturday that he is willing to hold talks with President-elect Barak Obama.

* Rice denies Annapolis peace push failed US Secretary of State Condoleezza Rice on Friday denied the Israeli-Palestinian peace process sponsored by US President George W. Bush was a failure.

* Saudi king musn’t shake Peres’ hand at interfaith meet, pan-Arab newspaper editor says The editor in chief of the pan-Arab London-based Al-Quds al-Arabi newspaper is calling on Saudi King Abdullah to refrain from shaking hands with President Shimon Peres.

* Team Obama Begins to Take Shape President-elect Barack Obama named his first appointment Thursday, Rahm Emanuel as his chief of staff.

* Hamas boycotts Palestinian talks The Palestinian militant group Hamas says it will boycott reconciliation talks with its Fatah rivals in Cairo.