The World - News from Oct. 1, 1986

Israeli Prime Minister Shimon Peres said he will submit his resignation on Oct. 10 to allow for the scheduled transfer of power to Foreign Minister Yitzhak Shamir. Peres, in an address to a group of high school students, outlined the procedure for carrying out the power-sharing accord signed in 1984 between his left-of-center Labor Party and Shamir’s right-wing Likud Bloc. Peres is to become foreign minister under the plan. It was the first time Peres publicly specified the date that he will turn in his resignation to President Chaim Herzog. Under the agreement, he had until Oct. 14 to resign.