Saudis threaten to withdraw 'peace offer'

I don't know whether to laugh at this or ignore it. 'Our friends the Saudis' are threatening to withdraw their 'peace initiative' in which they have offered 'full recognition' of Israel (but not diplomatic relations - contrary to what the al-AP article quoted below implies) in return for Israel returning to the pre-1967 Auschwitz borders and allowing the country to be flooded with 'Palestinian