Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Netanyahu challenge to legality of rival's PM bid is rebuffed

Published 06/01/2021, 04:30 AM
Updated 06/02/2021, 05:47 PM
© Reuters. FILE PHOTO: Israeli Prime Minister Benjamin Netanyahu, delivers a political statement in the Knesset ,the Israeli Parliament, in Jerusalem, Israel, 30 May 2021.

By Dan Williams (NYSE:WMB)

JERUSALEM (Reuters) -A last-gasp legal challenge by Israeli Prime Minister Benjamin Netanyahu to thwart a bid by a rival rightist to head a new government was rejected on Tuesday as his opponents raced to seal a pact that would unseat him.

Naftali Bennett, Netanyahu's former defence minister, announced on Sunday he would join a proposed alliance with centrist opposition leader Yair Lapid, serving as its premier first under a rotation deal.

They have until Wednesday midnight (2100 GMT) to present a final pact to Rivlin, who handed Lapid the task of forming a new government after Netanyahu failed to do so in the wake of a close election on March 23.

Hoping to beat the deadline, Lapid, Bennett and other party leaders convened to clinch coalition agreements, sources briefed on the talks said.

In a letter to the legal counsels of the presidency and parliament, Netanyahu's conservative Likud said Lapid was not authorised to cede the premiership to Bennett.

But President Reuven Rivlin's office said in response that there was no legal merit to Likud's claim because Lapid would be sworn in as "alternate prime minister", second to serve as premier as part of the rotation.

It accepted Likud's argument that Lapid must provide the president with full details of the new government and not just announce that he has clinched a coalition deal.

The Lapid-Bennett power-share may include other rightist politicians as well as liberal and centre-left parties. Israeli media have speculated it could also court parliamentary backing from a party that draws votes from Israel's Arab minority.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

That has prompted Netanyahu to accuse Bennett of imperiling Israel as it contends with internal Jewish-Arab strife over last month's Gaza conflict, the moribund peace process with the Palestinians, and Iran.

DIVIDED COUNTRY

Netanyahu, 71, is the dominant political figure of hisgeneration. He was first elected prime minister in 1996 and he returned to power in 2009, holding the top office for more than a decade. But he also faces a corruption trial for bribery, fraud and breach of trust - charges he denies.

A photo-shopped picture of Bennett in an Arab headdress, circulated on social media, prompted comparisons with attempts to discredit former Prime Minister Yitzhak Rabin, assassinated in 1995 by an ultranationalist opposed to his peacemaking.

An Israeli security source said Bennett had received parliamentary bodyguards on the recommendation of the Shin Bet domestic intelligence agency due to the "atmosphere of incitement" against them.

Lapid and Bennett have said they want to bring together Israelis from across the political divide and end hateful political discourse.

"A country that is divided and violent won't be able to deal with Iran or with the economy. A leadership that incites us against one another harms our ability to deal with the challenges we face," Lapid said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.