COLLINS: Israeli air strikes and Hamas rocket fire flying back and forth between the two sides. More than a dozen people dead including children. Our Ben Wedeman is in Israel now with more on the story.</s>BEN WEDEMAN, CNN CORRESPONDENT: It's been a violent 24 hours between Southern Israel and the Gaza Strip. Within that last 24 hours, one Israeli was killed by the Qassam rockets. And in addition to that, at least 15 Palestinians killed in an Israeli counterstrikes including among the dead militants. But also a 6-month-old baby and three boys aged 10, 11, and 14. Now, just in the space of half an hour, we have seen here five Qassam Rockets landing. No word yet about the number of injuries but it did interrupt the work we were doing. Today relative to yesterday, it's been much quieter, but we've been, we've heard several Qassam Rockets coming in. In fact, right now, there's a red alert for the possibility of an incoming rocket, so I'm going to...</s>UNIDENTIFIED MALE: Red color. No, no, no. You have to go.</s>WEDEMAN: OK. I'm going. OK, so, Adrian, it looks like we've got to clear out here. And of course, with every rocket that lands in Israel, the pressure on the government to do something, to stop those rocket attacks becomes intense. There are those in the Israeli military, however, who are concerned about the high casualties that would result, not only in Gaza but within the Israeli military if such an operation. Some sort of large ground operation in Gaza was to be launched. Among their worries is that during the fall of the wall between Gaza and Egypt, militants, Hamas, and others were able to smuggle in much more sophisticated weaponry and large amounts of weaponry that would obviously cause havoc if Israel tried to go into Gaza and conduct that sort of operation. I'm Ben Wedeman, CNN, reporting from Sderot in Southern Israel.</s>COLLINS: Well, it's your wallet. President Bush is talking about it and the fading economy. His new conference, live, in the</s>NEWSROOM, 10: 05 Eastern.
Israeli Air Strikes and Hamas Rocket Fire Flying Back and Forth Between Two Sides