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Macron greets Israeli Prime Minister Benjamin Netanyahu in Paris in June. Photo: Antoine Gyori/Corbis via Getty Images

Israeli government officials believe French President Emmanuel Macron will propose his own Middle East peace initiative if President Trump doesn't release his plan in the first few weeks after the November midterm election.

Why it matters: Israeli Foreign Ministry Political Director Alon Ushpiz made that prediction during a closed-door, classified hearing of the Knesset Foreign Affairs and Defense Committee, 2 Knesset members who attended the hearing told me. Trump said a few weeks ago he would release the plan in 2–4 months — meaning between the end of the midterms and the end of 2018.

The backstory: In the last year, the White House had several tentative dates for releasing the plan, but until now Trump's peace team — led by Jared Kushner — had decided the timing was still not right.

  • Israeli officials and French diplomats told me that in late August, Macron instructed the Foreign Ministry in Paris to start thinking about ideas for a new diplomatic initiative on the Israeli-Palestinian issue. Macron told his aides he doesn't want to let the issue disappear from the international agenda.

Ushpiz also warned that there could be big changes ahead for Israel in the U.S. midterm elections if the Democrats win the House.

  • According to the Knesset members who attended the hearing, Ushpiz hinted that a Democratic victory is possible, which would change the political realities in Washington for Israel: "Things are not going to be like they used to. There will be consequences for Israel. The reality we knew since Trump assumed office is not going to continue after the midterms, and we need to prepare for that."
  • Ushpiz also said Israel is losing support in more and more Jewish communities in the U.S. and among progressives and the LGBTQ community. He added: "We have the evangelicals, but with all the rest we are not in good shape."

Israeli Foreign Ministry spokesman Emmanuel Nahshon told me: "Some of the details in this story are not accurate, but we can't elaborate on classified briefings."

Go deeper

24 mins ago - Health

WHO says Omicron poses "very high" risk

World Health Organization Director-General Tedros Adhanom Ghebreyesus speaking in Geneva in October. Photo: Fabrice Coffrini/AFP via Getty Images

The World Health Organization said Monday in a new risk assessment that it believes the COVID-19 Omicron variant poses a "very high" risk to the globe because it may be more transmissible than other strains of the virus.

Why it matters: Though the WHO acknowledged there are still many uncertainties associated with the variant, the agency said it believes the likelihood of potential further spread of Omicron around the world is "high."

Battle for the soul of a new web

Illustration: Aïda Amer/Axios

A well-funded and intensely motivated chunk of tech's hive mind is finding common cause in a vast new project: rebuilding the web on a foundation of cryptocurrency and blockchain tech. They call it "Web3."

The big picture: Developers, investors and early adopters imagine a future in which the technologies that enable Bitcoin and Ethereum will break up the concentrated power today's tech giants wield and usher in a golden age of individual empowerment and entrepreneurial freedom.

First look: Biden summons top CEOs on supply chain

Photo: Alex Wong/Getty Images

President Biden will meet Monday afternoon with CEOs of big retailers, grocers and consumer-products firms to send this message, according to the White House: Products will be on shelves for holiday shopping.

Zoom out: Black Friday sales rebounded from 2020.