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!

Axios on your phone

Get breaking news and scoops on the go with the Axios app.

Download for free.

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!

Trump and Netanyahu at the White House. Photo: Alex Wong/Getty Images

Israeli Prime Minister Benjamin Netanyahu says he and President Trump discussed the possibilities of a U.S-Israel defense treaty as well as Israeli annexation of the Jordan Valley in the West Bank in their call last night.

Why it matters: This is mostly about domestic political positioning for Netanyahu as he and opposition politician Benny Gantz stare down a Dec. 11 deadline to form a government. Netanyahu gave the impression that Trump was favorably disposed toward both goals and called on Gantz to form a unity government to accomplish them.

Between the lines: If neither Netanyahu nor Gantz can get 61 members of the Israeli parliament, the Knesset, to support their government, Israel will have its third elections in less than a year. Both Gantz and Netanyahu, who is facing three corruption indictments, blame the other for the impasse.

Both ideas are highly controversial.

  • Unilateral annexation of the Jordan Valley could kill any peace efforts for the foreseeable future, and the entire international community is against it.
  • The defense treaty idea was, until today, rejected by most of the Israeli and U.S. defense establishments and would have big military and diplomatic consequences.

It is still unclear what Trump told Netanyahu on either topic. The White House issued a short readout of the call saying the leaders discussed Iran and the wider situation in the Middle East.

  • The White House did not immediately respond to a request for comment on Netanyahu's characterization of the call.
  • In September, the White House only said its position on Israeli annexation of parts of the West Bank hadn't changed and urged Netanyahu not to jeopardize Trump's long-awaited peace plan.
  • Netanyahu previously raised the defense treaty issue with Trump in a call days after Israel's September election. After the call, Trump tweeted that he would be happy to discuss the issue once Israel had a new government.

A senior official from Gantz's Blue and White party called Netanyahu’s Jordan Valley annexation remarks “election spin,” adding that Netanyahu hasn't taken that step in 14 years as prime minister.

  • “Blue and White supports the annexation of the Jordan valley only as part of a peace agreement but not unilaterally," the official said.
  • Later, Gantz issued a statement rejecting Netanyahu’s proposal of a defense treaty with the U.S, claiming it could limit the Israeli military's freedom of operation.

The latest: Netanyahu wanted to see Trump this week in London on the sidelines of the NATO summit but was politely rejected by the U.K. government, which said it could not host him due to logistical difficulties, taking into consideration that Israel isn’t a member of NATO.

  • Instead, Netanyahu wants to meet Secretary of State Mike Pompeo later this week in Lisbon, Portugal.

Go deeper: Inside Netanyahu's fight for survival

Go deeper

Updated 2 mins ago - Sports

Olympics dashboard

🏄‍♀️: American Carissa Moore wins first-ever women's Olympic gold in surfing

🎾: Naomi Osaka eliminated from Olympic tennis tournament

🏊‍♀️: Teen swimmer Lydia Jacoby wins first U.S. women's Tokyo Games gold

✊🏿: Costa Rican gymnast pays tribute to Black Lives Matter in Olympic routine

🤖: The robot Olympics

🌡: Heat wave brings scorching temperatures to Tokyo Olympics

Go deeper: Full Axios coverage - Medal tracker

American Carissa Moore wins first-ever women's Olympic gold in surfing

Carissa Moore of Team USA surfs during the women's Quarter Final on day four of the Tokyo 2020 Olympic Games at Tsurigasaki Surfing Beach in Ichinomiya, Chiba, Japan, on Tuesday. Photo: Ryan Pierse/Getty Images

Team USA's Carissa Moore won gold in the first-ever Olympic women's surfing final, at the Tokyo Games on Tuesday.

The big picture: The four-time world champion surfer from Hawaii was touted as a gold-medal favorite ahead of the finals, which were brought forward a day due to the threat of Tropical Storm Nepartak. Brazil's Italo Ferreira won the gold medal in the inaugural men's Olympic surfing contest.

Editor's note: This a breaking news story. Please check back for updates.

Updated 28 mins ago - World

Hong Kong judges return guilty verdict in first security law trial

Activist Tong Ying-kit arrives at the West Kowloon court in Hong Kong in 2020. Photo: Isaac Lawrence/AFP via Getty Images

Tong Ying-kit, the first person to be charged and tried under Hong Kong's national security law was found guilty of terrorism and inciting secession by three judges Tuesday, per Bloomberg. The 24-year-old had pleaded not guilty to the charges.

Why it matters: The law passed by the ruling Chinese Communist Party last year carries the maximum sentence of life imprisonment. In a departure from the Asian financial hub's common law traditions, Tong was denied a jury trial.

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!