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Israeli PM Benjamin Netanyahu. Photo: Mikhail Svetlov / Getty Images

Israeli police submitted recommendations Tuesday to Attorney General Avichai Mandelblit that Prime Minister Benjamin Netanyahu be indicted on charges of bribery, fraud and breach of trust in two corruption cases, Axios contributor Barak Ravid reports.

  • According to Israeli newspaper Haaretz, one case involves allegations that Netanyahu has been accepting "lavish gifts from wealthy benefactors" in exchange for promoting their interests. The second alleges Netanyahu negotiated a deal in which he'd get positive coverage in Israel's second-largest newspaper "in exchange for hurting its freebie rival, Israel Hayom."
  • What's next: Mandelblit will examine the evidence from the investigations and ultimately decide whether to indict Netanyahu, who has been prime minister since 2009. Netanyahu has denied the allegations, and during a live TV address Tuesday he said the police recommendations against him will "end with nothing."

Go deeper

47 mins ago - Technology

Scoop: More boycotts coming for Facebook

Illustration: Sarah Grillo/Axios

Leaders of the Stop Hate For Profit social media boycott group are discussing whether to organize another campaign against Facebook in light of an explosive investigative series from The Wall Street Journal, Common Sense CEO Jim Steyer tells Axios.

The intrigue: Sources tell Axios that another group, separate from the Stop Hate For Profit organization, is expected to launch its own ad boycott campaign this week.

Democrats' dwindling 2022 map

Illustration: Sarah Grillo/Axios

Democrats are trying to unseat only about half as many Republican House members next year as they did in 2020, trimming their target list from 39 to 21.

Why it matters: The narrowing map — which reflects where Democrats see their best chance of flipping seats — is the latest datapoint showing the challenging political landscape the party faces in the crucial 2022 midterms.

Felix Salmon, author of Capital
1 hour ago - Economy & Business

Evergrande's reassuring default

Illustration: Annelise Capossela/Axios

It's not a Lehman moment but it's still a very big deal. Chinese construction giant Evergrande looks set to default on its $300 billion of liabilities, in a move that has already had global market repercussions.

Why it matters: Evergrande is the first big test of the global financial system — and especially the Chinese financial system — since the pandemic-induced chaos of March 2020, when central banks around the world were forced to take unprecedented measures to prevent total collapse. So far, world markets seem to be coping just fine.