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!

Netanyahu (C) arrives in parliament today. Photo: Alex Kolomiensky/Pool/AFP via Getty

After six months of a dysfunctional power-sharing government, Israel is headed for its fourth elections in less than two years, most likely at the end of March.

Driving the news: The Knesset voted 61-54 today to approve the preliminary reading of a bill to dissolve the parliament and call new elections. Benny Gantz's Blue and White party supported the bill while Prime Minister Benjamin Netanyahu's Likud and the rest of the coalition voted against.

  • This is a first step towards early elections, but the bill needs to pass three more votes. That leaves two or three weeks to find a solution to the coalition crisis, but the chances of that happening are very low.

The big picture: The government's collapse was precipitated by Netanyahu's refusal to pass a 2021 budget, which would have locked in the rotation agreement under which Gantz was to become prime minister next November.

  • Gantz accused Netanyahu last night of being a "serial promise-breaker" who had "led on the Israeli people."
  • Netanyahu thinks new elections will help him deal with his corruption trial, which is due to resume in February.
  • According to polls, most Israelis consider Netanyahu responsible for the early elections. 

The state of play: Despite his weakening poll numbers, Netanyahu starts the election campaign with no significant opponent and with the opposition fractured.

  • The latest polls show Netanyahu’s right-wing bloc leading with at least 65 seats — a solid majority which could allow Netanyahu to take steps to further postpone his trial or cancel it altogether through legislation.

What to watch: Netanyahu’s main political rival, Naftali Bennett, comes from the right.

  • Polls project Bennet's party to finish second to Likud with around 22 seats, pulling in votes from disappointed Blue and White and Likud supporters who approve of Bennett’s policies on countering COVID-19 and fixing the economy.
  • Netanyahu will focus on winning back some of those voters and shrinking Bennett's vote share.
  • The center-left is divided and opposition leader Yair Lapid isn’t perceived as a credible alternative to Netanyahu. The biggest challenge for the opposition will be trying to find a way to run together under one list in order to mobilize their disillusioned voters.

The election campaign is likely to take place during a third wave of COVID-19 and possibly even a third lockdown. That could have huge consequences for turn-out and on voters who aren't committed to one party.

Go deeper

Jan 27, 2021 - World

Netanyahu doesn't want a fight with Biden over Iran — yet

Photo illustration: Aïda Amer/Axios. Photos: Eric Baradat (AFP), Gali Tibbon (AFP)/Getty Images

Israeli Prime Minister Benjamin Netanyahu, hoping to avoid an immediate clash with President Biden over Iran, will give dialogue a chance, Israeli officials say.

Why it matters: Biden intends to try to resume the 2015 nuclear deal, which Netanyahu vehemently opposes. The two are on a collision course, and memories are fresh of the crisis in U.S.-Israel relations when Netanyahu was publicly campaigning against Barack Obama's attempts to reach a deal — including in a speech to Congress.

Caitlin Owens, author of Vitals
4 mins ago - Health

The U.S. is approaching the vaccine hesitancy "tipping point"

Expand chart
Data: CivicScience; Chart: Axios Visuals

The U.S. will probably run out of adults who are enthusiastic about getting vaccinated within the next two to four weeks, according to a KFF analysis published yesterday.

Between the lines: Vaccine hesitancy is rapidly approaching as our main impediment to herd immunity.

Ben Geman, author of Generate
27 mins ago - Energy & Environment

The finance sector links arms on climate

Illustration: Eniola Odetunde/Axios

A big, UN-backed umbrella group of banks, asset managers, investors and insurers launched Wednesday to boost private clean tech finance and press polluting industries that use their services to cut emissions.

Why it matters: The Glasgow Financial Alliance for Net Zero (GFANZ) is the broadest financial industry effort yet on climate change.