This will drive The Left bonkers:
JERUSALEM (AFX) - Prime Minister Ariel Sharon is set to quit his right-wing Likud faction on Monday, Israeli media reported, and call for a snap election which he is expected to contest at the head of a new centrist party.
In a tectonic shift in Israeli politics and a boost to the peace process, Sharon is expected to form a new centrist party with recently-deposed Labour leader Shimon Peres.
Sharon will announce Monday his resignation from Likud and ask President Moshe Katsav to dissolve the parliament for early elections, Israeli television and army radio reported.
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