Politics

Netanyahu and Rival Face Tough Battle for Power With Most Votes Counted

CNN · 3 hours ago · Read the Full Story on CNN
Netanyahu and Rival Face Tough Battle for Power With Most Votes Counted
AI SUMMARY

Israel is facing a political deadlock as parliamentary election results show no clear winner between Prime Minister Benjamin Netanyahu and his main rival, Gadi Eisenkot.

  • Israel is facing political deadlock with neither Prime Minister Benjamin Netanyahu nor rival Gadi Eisenkot reaching a governing majority in the Knesset.
  • Projections show Netanyahu’s bloc taking 53 seats, down from 68 in the outgoing Knesset.
  • The opposition bloc is projected to win 48 seats and Arab parties a record 19 seats.
  • Israel’s president called on parties to keep an open mind to avoid holding more elections.
  • Gadi Eisenkot reaffirmed his commitment to bringing change to Israel and forming a Zionist government committed to military conscription.
  • The Israeli shekel weakened around 2% to 3.1185 to the dollar, heading for its worst day in 16 months, while Tel Aviv’s benchmark stock index fell about 3%.
  • Top Arab political leader Ahmad Tibi stated his willingness to help Eisenkot's opposition bloc form a minority government to oust Netanyahu.
  • Tibi said his coalition is not seeking ministries but demands that the next government combat crime in the Arab community and halt the demolition of Bedouin homes.
  • Palestinian citizens of Israel turned out to vote at a record rate of nearly 80% on Wednesday.