Benjamin Netanyahu’s bid to remain in power suffered two major setbacks on Thursday as Israel’s political deadlock deepened. A longstanding ultra-Orthodox ally refused to back him for prime minister, while an Arab-led party endorsed his main rival.
Israel’s election has produced no clear winner, leaving Prime Minister Benjamin Netanyahu and his main rival Gadi Eisenkot competing to form the next government as vote counting continues and neither bloc appears to have secured a parliamentary majority.
As Israelis head to the polls on Tuesday, 27 October, the Israeli economy faces a paradox; soaring stocks and a stronger currency alongside rising public debt and billions of dollars in war costs. What do the figures reveal about the challenges awaiting the next government?
Benjamin Netanyahu’s allies and rivals are competing to shape Israel’s next government in the 27 October election. The vote is seen as a referendum on his wartime leadership, with smaller parties potentially holding the balance of power.
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