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!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Gantz (L) with Netanyahu. Photo: Gali Tibbon/Pool/AFP via Getty

Israel's governing coalition is falling apart, setting the stage for the fourth election in two years.

Driving the news: Defense Minister Benny Gantz announced tonight that his Blue and White party would vote in favor of dissolving parliament on Wednesday because Prime Minister Benjamin Netanyahu — Gantz's political rival turned coalition partner — was refusing to pass a budget and reneging on their power-sharing deal.

“Netanyahu promised no tricks and a responsible management of the COVID-19 crisis. ... He didn’t lie to me — he lied to you. He led on the Israeli people."
— Benny Gantz

Why it matters: Wednesday's vote is only a preliminary step, but it will set an almost irreversible course toward early elections next March.

State of play: The government needs to pass its 2020 budget by Dec. 23 to survive, but Gantz is insisting that Netanyahu also agree to pass the 2021 budget by then.

  • That would make it legally impossible for Netanyahu to back out of the coalition agreement under which Gantz is to rotate in as prime minister on Nov. 17, 2021.
  • Between the lines: When that agreement was announced last April, many analysts doubted that Netanyahu would ever willingly give up the prime minister's post.

What they're saying: Gantz said he joined the power-sharing government due to the COVID-19 crisis and had no illusions about Netanyahu, whom he called “a serial promise-breaker."

  • He accused Netanyahu of worrying only about his political survival and about saving himself from the corruption trial that is set to resume in two months.
  • Gantz added that if the elections take place, he will try to form a broad government that does not include Netanyahu.
  • Netanyahu released a video several minutes before Gantz’s press conference. He stressed a desire for unity and urged Gantz not to vote in favor of dissolving the Knesset.

What’s next: Gantz did leave a small opening by saying the early elections can still be prevented if Netanyahu brings the 2021 budget up for a vote in the Cabinet in the next three weeks and guarantees it will pass the Knesset soon thereafter.

  • Netanyahu is unlikely to take those steps, as he has no desire to follow through on the rotation deal.
  • Polls also show Netanyahu's right-wing bloc far ahead in a potential election match-up.

The bottom line: It will take a miracle to prevent an early election.

Go deeper: Gantz's "submarine affair" probe signals end of pact

Go deeper

Jan 27, 2021 - World

Israel's COVID crisis deepens even as the vaccination rate climbs

Ultra-Orthodox Jewish protesters clash with security forces over lockdown enforcement Photo: Ahmad Gharabli/AFP via Getty

Israeli Prime Minister Benjamin Netanyahu had hoped to declare victory over the pandemic before the elections on March 23, but new fast-spreading variants of COVID-19 have dashed those hopes.

Why it matters: Netanyahu's main political vulnerability is his handling of the pandemic. He has acknowledged that his poll numbers will be directly connected to the rates of vaccinations, new infections and deaths, as well as his ability to reopen the economy.

Updated 3 mins ago - Politics & Policy

In photos: Tears, hugs, cheers as U.S. reacts to Chauvin guilty verdict

People react after the verdict in the Derek Chauvin trial in Minneapolis, Minnesota. Photo: Scott Olson/Getty Images

People across the U.S. rallied into the night Tuesday, cheering, hugging and crying tears of relief after a jury found former Minneapolis police officer Derek Chauvin guilty in the murder of George Floyd.

Driving the news: After Chauvin was found guilty of second-degree murder, third-degree murder and second-degree manslaughter, Floyd family lawyer Ben Crump tweeted, "GUILTY! Painfully earned justice has finally arrived for George Floyd’s family. ... Justice for Black America is justice for all of America!"

Columbus police officer fatally shoots Black teenage girl

Photo: Eric Lee/Bloomberg via Getty Images

The Ohio Bureau of Criminal Investigation is investigating the fatal police shooting of a Black teenage girl in Columbus on Tuesday afternoon.

Of note: The shooting of the girl, identified by family members as Ma'Khia Bryant, 16, occurred just before the verdict was announced in the Minneapolis murder trial of former officer Derek Chauvin, and as the nation grapples with police reform.