Obama: Expectations for Middle East peace too high

(AP) — President Barack Obama says his administration overestimated its ability to persuade the Israelis and Palestinians to resume meaningful peace talks.

Obama says both parties have been unwilling to make the bold gestures needed to move the process forward. If the U.S. had anticipated that earlier, Obama says he might not have raised his expectations so high.

Obama says the U.S. will continue to work toward a two-state solution in which Israel is secure and the Palestinians have sovereignty. His remarks came in an interview with Time Magazine published Thursday.