Rivals Edge Closer to Ending Netanyahu’s 12 Year Grip on Power

About This Source - Bloomberg QuickTake: Now

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.

It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Recent from Bloomberg QuickTake: Now:

  • The Moment Netanyahu Was Ousted From 12 Years of Power
  • Protests in Madrid Over Government Pardoning Plans
  • Biden Arrives in Brussels For NATO Summit
  • Bloomberg Quicktake: Now published this video item, entitled “Rivals Edge Closer to Ending Netanyahu’s 12 Year Grip on Power” – below is their description.

    Benjamin Netanyahu’s opponents edged closer Monday to forming a government that would oust the longest-serving prime minister in Israel’s history after winning over an erstwhile ally.

    Naftali Bennett, a pro-settlement security hawk who’s previously served under Netanyahu in various cabinet positions, said he’d work to clinch a “government of change” with former Finance Minister Yair Lapid after four inconclusive elections in two years showed the premier was no long capable of forming a right-wing government.

    “I will work to the utmost to form a national unity government together with my friend Yair Lapid,” Bennett said.

    If they manage to cobble together a coalition, Lapid and Bennett could end the grip of a political survivor who’s been in power for 15 of the past 25 years and left a lasting mark on Israel and the broader region. Under Netanyahu, Israeli politics shifted to the right, the Palestinian-Israeli peace process was sidelined while settlements were expanded in the West Bank. Netanyahu also reached normalization deals with four Arab countries, including the United Arab Emirates and Bahrain, only last year.

    Even that wasn’t enough to hand Netanyahu a clear majority in the latest election, a win he desperately needed to hold onto power and shield himself from multiple charges of corruption and influence-peddling.

    Bloomberg Quicktake: Now YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    In This Story: Bahrain

    Bahrain, officially the Kingdom of Bahrain, is a sovereign state in the Persian Gulf. The island nation comprises a small archipelago made up of 40 natural islands and an additional 51 artificial islands, centered around Bahrain Island which makes up around 83 percent of the country’s landmass.

    The country is situated between the Qatari peninsula and the north eastern coast of Saudi Arabia to which it is connected by the 25-kilometre (16 mi) King Fahd Causeway. According to the 2010 census, Bahrain’s population is over 1.2 million, of which around half are non-nationals. The capital and largest city is Manama.

    2 Recent Items: Bahrain

  • Portugal decision will support June 21 reopening, says Robert Jenrick
  • Portugal removed from travel green list, to the anger of travel agents
  • In This Story: Israel

    Israel, a Middle Eastern country on the Mediterranean Sea, is regarded by Jews, Christians and Muslims as the biblical Holy Land. Its most sacred sites are in Jerusalem. Within its Old City, the Temple Mount complex includes the Dome of the Rock shrine, the historic Western Wall, Al-Aqsa Mosque and the Church of the Holy Sepulchre. Israel’s financial hub, Tel Aviv, is known for its Bauhaus architecture and beaches. 

    2 Recent Items: Israel

  • Israel swears in new government, ending Netanyahu’s 12-year rule
  • Netanyahu’s 12-year rule as Israeli prime minister ends as new coalition government approved
  • In This Story: United Arab Emirates

    The United Arab Emirates, sometimes simply called the Emirates, is a sovereign state in Western Asia located at the eastern end of the Arabian Peninsula. It borders Oman and Saudi Arabia, and has maritime borders in the Persian Gulf with Qatar and Iran.

    2 Recent Items: United Arab Emirates

  • The Crimes of ISIL against the Yazidi Community in Sinjar
  • Canadian ‘whistleblower’ back home 6 years after being detained in Dubai
  • Leave a Comment