Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Netanyahu. Photo: Uriel Sinai/Getty Images

Israeli opposition leader Yair Lapid has notified President Reuven Rivlin that he managed to form a power-sharing government that will oust Prime Minister Benjamin Netanyahu if it survives a confidence vote in the Knesset.

Why it matters: We are on the verge of a seismic event in Israeli politics, with Israel's longest-serving prime minister and the man who has dominated the country's politics and relations with the world for over a decade on the verge of being replaced. But he's not out quite yet.

Driving the news: Right-winger Naftali Bennett would serve first as prime minister for two years with the centrist Lapid then rotating into the job.

  • The announcement was made possible by the unprecedented decision of the Islamist Ra'am party — which would be the first Arab party to enter an Israeli government — to unite with Bennett and Lapid.
  • With Ra'am as well as the right-wing “New Hope” party, which also signed a coalition agreement, Lapid and Bennett currently have 61 members of the Knesset — the exact number needed for a majority.

Yes, but: Some of the coalition agreements are not yet final. They'll have to be presented to the Knesset before a vote is held on the government within 12 days.

  • In the interim, Netanyahu is expected to try to sabotage the new coalition and press several of its right-wing members to defect.
  • The latest: Lapid sent a letter to Knesset Speaker Yariv Levin — a Netanyahu crony — asking him to convene the Knesset as soon as possible in order to vote on the new government. Levin can stall the vote for at least a week

Under pressure from Netanyahu and his supporters, one member of Bennett’s party announced three weeks ago that he would vote against the government.

  • In recent hours, another member of Bennett’s party also said he was considering following suit — which would forced Lapid and Bennett to get at least one member of the Arab Joint List to vote in favor of the government or abstain.

Between the lines: Bennett, a tech entrepreneur and former Netanyahu protege, would become prime minister despite only winning seven seats in the election.

  • He was able to play the kingmaker role in the scramble to form a government, with both Netanyahu and Lapid needing his support.
  • While he is a conservative, particularly on Israel-Palestine issues, he will be constrained by the broad range of parties in the coalition and the fact that Lapid will have a veto on his policies.

What to watch: The last-minute snags in the negotiations over the past few days sent a clear signal of how fragile the government will be if it's formed and how much pressure Netanyahu and his supporters will be able to exert on its right-wing members.

  • Netanyahu, who is currently on trial for corruption, would be expected to become opposition leader.

Go deeper

Sep 8, 2021 - World

Israel PM Bennett to make rare public visit to Egypt

Photo: Sean Gallup/Getty Images

Israeli Prime Minister Naftali Bennett is expected to travel to Egypt next week for the first public visit by an Israeli prime minister in over a decade.

The big picture: Israel officials speculate that by inviting Bennett publicly so early in his term, President Abdel Fattah al-Sisi's government is trying to signal Egypt's importance in the region to the Biden administration.

Sep 8, 2021 - World

Despite Biden statement, Israel is a long way from U.S. visa waiver

Passport control at Dulles Airport. Photo: Paul J. Richards/AFP via Getty

Bennett left Washington with a notable "deliverable": Biden had promised to work toward bringing Israel into the U.S. visa waiver program.

Why it matters: Admission to the program has been an Israeli aspiration for decades. The issue resonates with many Israelis who may have family, friends or business connections in the U.S. but are intimidated by the visa process or put off by the costs.

House passes $768 billion defense spending bill

Photo: Andrew Harrer/Bloomberg via Getty Images

The House approved a $768 billion National Defense Authorization Act (NDAA) for the 2022 fiscal year in a bipartisan 316-113 vote on Thursday.

Why it matters: The annual bill, which authorizes Pentagon spending levels and guides policy for the department, would require women to register for the military draft, among other provisions.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!