Connect with us

Hi, what are you looking for?

Editor's Pick

Israeli opposition announces new government, set to unseat Netanyahu

World28 minutes ago (Jun 03, 2021 04:42AM ET)

3/3
(C) Reuters. FILE PHOTO: Yair Lapid, head of the centrist Yesh Atid party, delivers a statement to the press before the party faction meeting at the Knesset, Israel’s parliament, in Jerusalem May 31, 2021. Debbie Hill/Pool via REUTERS

2/3

By Maayan Lubell and Jeffrey Heller

JERUSALEM (Reuters) -Israel’s opposition leader moved closer to unseating Prime Minister Benjamin Netanyahu, announcing an agreement with a coalition of diverse political allies to form a new government.

But the fragile alliance, which would command a thin majority in parliament, was expected to be sworn in only in about 10-12 days, leaving slight room for Netanyahu, Israel’s longest-serving leader, to try to turn lawmakers against it.

About 35 minutes before a Wednesday midnight deadline, centrist politician Yair Lapid told President Reuven Rivlin in an email: “I am honoured to inform you that I have succeeded in forming a government.”

Under the coalition pact, nationalist Naftali Bennett, 49, a former defence minister and a high-tech millionaire, would become prime minister and hand over the post to Lapid, 57, a former TV host and finance minister, in about two years.

The agreement capped a March 23 election in which neither Netanyahu’s right-wing Likud party and its allies nor their opponents won a majority in the legislature. It was Israel’s fourth national ballot in two years.

The coalition comprises a patchwork of small and medium parties from across the political spectrum, including for the first time in Israel’s history one that represents its 21% Arab minority – the United Arab List.

They have little in common other than a desire to oust Netanyahu, whose 12-year run as prime minister has now been clouded by a trial on corruption charges that he denies.

The lineup includes Bennett’s Yamina (Rightward), centre-left Blue and White, headed by Defence Minister Benny Gantz, the left-wing Meretz and Labour parties, former defence minister Avigdor Lieberman’s nationalist Yisrael Beitenu party and New Hope (OTC:NHPEF), a right-wing party headed by former education minister Gideon Saar, who broke away from Likud.

Israeli opposition announces new government, set to unseat Netanyahu

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Stock

Stock Markets25 minutes ago (Jul 16, 2021 05:46PM ET) (C) Reuters. FILE PHOTO: Johnson & Johnson’s Neutrogena Cool Dry Sport sunscreen, which is part...

Tech

Builders, creators and developers, this one’s for you! TechCrunch has always been about discovering fresh solutions and shining the light on exciting, new products...

Disclaimer: Wisegazette.com it's managers and its employees (collectively "The Company") do not make any guarantee or warranty about what is advertised or above. Information provided by this website is for research purposes only and should not be considered as personalized financial or health advice. Copyright © 2021 Wise Gazette. All Rights Reserved