One should not put too much diplomatic stock into the threats of Israeli Prime Minister Benjamin Netanyahu to sever ties with the Palestinian Authority (PA), in reaction to the inclusion of Hamas in the new Palestinian government. Even when Hamas was a pariah in Ramallah, the nine months of negotiations did not generate anything near a permanent arrangement.
The diplomatic damage will be nothing compared to the economic implications of severing contact with the PA. Turning the West Bank into an economic twin of the Gaza Strip will result in a similar situation in terms of security, as well. Initial signs of this are already evident in a new-old phenomenon of attacking Israeli journalists covering the occupied territories.