Reuters reports that President Obama "could deliver a major policy speech as early as next week laying out his new Middle East strategy following the US killing of Osama bin Laden and amid ongoing upheaval in the Arab world, US officials said on Wednesday."

There is some speculation that Obama will try to use the death of bin Laden to reshape America's Israel policy.

A key sticking point is whether Obama, who gained a boost in global stature with the death of the al Qaida chief last week, will use also his coming address to present new proposals for renewed Israeli-Palestinian peacemaking, a source familiar with the administration's internal debate said.

The obvious topic for the president to address in a speech like this would, of course, be the Arab Spring.

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