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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.
ISRAEL
The second-largest party in the Knesset, the centrist Yesh Atid of former finance minsiter Yair Lapid, has been given the mandate to seek to form a majority gov't by President Reuven Rivlin.
- Lapid will have 28 days in which to try to put together a coalition of 61 seats in the 120-member Knesset.
- Rivlin, announcing the passage of the mandate from PM Benjamin Netanyahu to Lapid stated that "it's clear that there are many difficulties on the way to forming a government...he [Lapid] may be prime minister or someone else will be prime minister and Lapid will be alternate prime minister "
- In order to command a majority, Lapid would have to form a gov't involving all anti-Netanyahu parties as well as one of the 'kingmakers' in the form of the right-wing Yamina or Islamist Ra'am party. Given the anti-Netanyahu bloc contains the Arab rights Joint List and the right-wing Yisrael Beiteinu this seems an unlikely prospect, making yet another snap election (in what would be the fifth vote in less than 3 years) a strong possibility.
Chart 1. Israeli Knesset, Seats
Source: Knesset, MNI
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.
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