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Free AccessNetanyahu, Gantz To Form Emergency Gov't This Eve-Reports
Wires reporting that former alternate PM and defence minister Benny Gantz, head of the opposition National Unity alliance, is set to bring his party into an emergency unity gov't alongside PM Benjamin Netanyahu's Likud and its right-wing allies this evening. It remains unclear whether the largest opposition party, the liberal Yesh Atid of former PM Yair Lapid, will join in an emergency administration.
- Previously, Lapid stated that his party would not join any gov't that included the far-right Religious Zionist Party and Otzma Yehudit party. However, in the immediate aftermath of the Hamas attacks Lapid issued a statement saying that he had told Netanyahu that he would be willing to "establish together with him a professional, limited emergency government, which will manage the difficult, complex and protracted campaign before us." Reuters reports that according to a source close to Lapid, the emergency gov't could come about if its mandate was "narrow and professional."
- An emergency administration would likely ensure the swift approval of any necessary gov't decisions related to the ongoing conflict and act as a symbol of unity across the political spectrum after months of intense divisions within the Israeli political landscape.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.