[When Olmert leaves office, it will get us a step closer to the final two prime ministers who will serve Israel. Afterwards, the nation will insist on a new system of government and will become a monarchy instead.]

By Julie Stahl

May 09, 2008

Jerusalem (CNSNews.com) - Israeli Prime Minister Ehud Olmert denies that he took bribes from an American businessman, but at a late night press conference on Thursday, he promised to resign if he is indicted.

Olmert made the statement from his Jerusalem home at the end of Israel's Independence Day celebrations. He spoke shortly after the Justice Ministry removed a gag order that kept details of the criminal investigation against Olmert under wraps for the last week.

Read the full story HERE