Netanyahu’s bloc fell eight seats short of a Knesset majority on October 27, winning 53 of 120 seats to 48 for Gadi Eisenkot’s camp. The Arab parties took a record 19 on turnout of about 80% in Arab communities, up from 54% in 2022. Netanyahu will stay on as caretaker PM until a new government is sworn in. As leader of the largest party (Likud with 27 seats), he is also the most likely recipient of President Herzog’s first mandate to form a government, which runs 28 days and can be extended by 14. Netanyahu and Likud have spent…

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.