Welcome to Axios World, where two evenings a week we break down the big stories from around the globe.
Situational awareness: “Axios on HBO” is BACK, starting Sunday 6 pm ET/PT on HBO. Watch out for interviews with Jared Kushner, Sundar Pichai, David Petraeus and more. Promo here.
Netanyahu walks to a party meeting in the Knesset, May 29. Photo: Menahem Kahana/AFP/Getty Images
Fresh off his triumph in last month's election — which he won despite three pending corruption indictments — it looked like Israeli Prime Minister Benjamin Netanyahu would end up with a new government, and his legal slate wiped clean.
But, but, but: That all fell apart when Netanyahu was unable to resolve a dispute between his would-be coalition partners over a military service exemption for ultra-Orthodox Jews.
President Trump, who intervened in Netanyahu's favor earlier in the week, said today that he was disappointed by the news.
"It's too bad what happened in Israel. It looked like a total win for Netanyahu, who's a great guy. ... And now they're back in the election stage. They don't need this, I mean they've got enough turmoil over there, it's a tough place."
Meanwhile, the unexpected political drama could also leave Trump's Middle East peace plan in limbo.
“No one in the region is calling for it. Netanyahu didn’t want it before the April elections, and won’t want it before September’s. ... For now, we may see the Bahrain economic workshop take place, but it will be a ghost meeting — pretend pledges in support of a phantom plan that could only come into focus much later.”— Shapiro to Jewish Insider
What to watch: As Netanyahu's failure crystallized last night, the White House announced a summit to be held next month between national security adviser John Bolton and his Russian and Israeli counterparts.
Mountaineers on Everest in 2009. Photo: STR/AFP/Getty Images
Nepal rejects claims that recent deaths on Mount Everest resulted from overcrowding or government negligence, a government spokesman tells Axios fellow Phanindra Dahal.
Why it matters: Nepali authorities are under pressure to limit the number of permits issued for mountaineers to climb the 29,028-foot peak after the 11 recent deaths, 9 of which came on the Nepali side of Everest. Nepal doesn’t place strict limitations on who can attempt the climb.
Nepali Minister for Information and Communication Gokul Prasad Baskota told Axios that climbing Everest is “a life threatening adventure” and the government should not be blamed for accidents that occur in such an unpredictable environment.
The bottom line: Nepal is home to 8 of the world’s 10 highest peaks, and mountaineering is vital to the country's tourism industry, with $5 million flowing directly to the government last year and many other sectors benefiting.
Illustration: Sarah Grillo/Axios
National security adviser John Bolton claimed today that a “quick response” from the U.S. appeared to have deterred Iranian threats to Americans or allies, but added: “I don’t think this threat is over.”
Flashback: It has been 25 days since Bolton warned of “unrelenting force” in the event of an Iranian attack. His ultra-hawkish line has diverged from Trump’s at times since and contributed to fears the U.S. could be headed for war.
There seems to be mixed messages on the Iranian side as well. Hours after President Hassan Rouhani said nuclear talks could restart if Trump withdrew sanctions, Iran’s supreme leader said, "We won’t negotiate with Americans.”
Bolsonaro. Photo: Evaristo SA/AFP/Getty Images
Brazil’s economy contracted in the first quarter of 2019, raising the prospect of another recession in Latin America’s largest country, per the BBC.
Why it matters: This is more bad news for President Jair Bolsonaro, who had promised to revive an economy that has limped out of a damaging recession in 2015–2016.
The big question for investors is whether Bolsonaro will deliver much-needed pension reforms.
Flashback to a previous Trump visit to the U.K., during which he gave an explosive tabloid interview. Credit: Axios Visuals
President Trump's state visit to the U.K. will include lunch with the Queen, tea with Prince Charles and his final meetings with outgoing Prime Minister Theresa May.
What to expect: Protests in London and, if history is a guide, some awkward interventions into U.K. politics.
What not to expect: An address to Parliament.
Worth noting: A Times/YouGov poll out this evening shows the Liberal Democrats (!!) in first place in a potential general election, followed by the Brexit Party. Labour and the Conservatives are tied in third.
Families have been shrinking and population growth has been slowing in most nations over the past several decades, Axios' Stef Kight notes.
A poll worker in Madagascar waits for voters to turn up. Photo: Rijasolo/AFP/Getty Images
"I was not a big fan of John McCain in any shape or form. Now, somebody did it because they thought I didn’t like him, okay? And they were well-meaning.”— Trump today, responding to reports the USS John S. McCain was moved "out of sight" during his visit to Japan
Thanks for reading — have a wonderful weekend and see you next week.