© 1982-2022 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
FOREX

Both EUR and the USD in the red

SILVER TECHS

Bullish Focus

ENERGY

What to Watch: EIA, IEA & OPEC This Week

RUSSIA

Expanding China Ties

GILTS

Opening calls

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Topics

Fifth Election In Three-&-A-Half Years Set For 1 November

ISRAEL
EM Bulletmarkets-real-timePolitical RiskPolitical Risk BulletBulletEmerging MarketsPolitical Market News

The Israeli Knesset has voted to dissolve itself, confirming the widespread expectation that the country will be plunged into its fifth general election campaign in just over three and a half years.

  • The election is set for Tuesday 1 November.
  • The governing coalition of outgoing PM Naftali Bennett collapsed over myriad disagreements over Israeli settlers in the West Bank, the application of Israeli law to those settlers, and the status of various Israel-Palestine issues. The broad nature of the gov't, involving hard-line Zionist right-wingers as well as Islamist parties, meant the longevity of the administration was often in question.
  • Leader of the largest party in the former gov't, liberal Yesh Atid's Yair Lapid, becomes caretaker PM until the election.
  • Polls show both the outgoing gov't and the parties supportive of former PM Benjamin Netanyahu consistently short of the 61 seats required to govern as a majority. Unless one of the parties previously supportive of Bennett switches to back Netanyahu's right-wing Likud Party, Israel could be set for further political paralysis.
169 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The Israeli Knesset has voted to dissolve itself, confirming the widespread expectation that the country will be plunged into its fifth general election campaign in just over three and a half years.

  • The election is set for Tuesday 1 November.
  • The governing coalition of outgoing PM Naftali Bennett collapsed over myriad disagreements over Israeli settlers in the West Bank, the application of Israeli law to those settlers, and the status of various Israel-Palestine issues. The broad nature of the gov't, involving hard-line Zionist right-wingers as well as Islamist parties, meant the longevity of the administration was often in question.
  • Leader of the largest party in the former gov't, liberal Yesh Atid's Yair Lapid, becomes caretaker PM until the election.
  • Polls show both the outgoing gov't and the parties supportive of former PM Benjamin Netanyahu consistently short of the 61 seats required to govern as a majority. Unless one of the parties previously supportive of Bennett switches to back Netanyahu's right-wing Likud Party, Israel could be set for further political paralysis.