Bennett leaves on his own terms while he can

Naftali Bennett  credit: Alex Kolomoisky, Yediot Ahronot
Naftali Bennett credit: Alex Kolomoisky, Yediot Ahronot

Anticipating the inevitable, Naftali Bennett chose to dissolve the Knesset himself, thereby depriving rebel Yamina members of political leverage.

Prime Minister Naftali Bennett sought to cut his losses. He decided to do what little he could while he could, after his own political party had disintegrated, with almost the last two remaining negotiating a switch to Likud, and depart on his own terms. Without consulting anyone in his Yamina party, and with a short message to his longtime political partner Minister of the Interior Ayelet Shaked, Bennett talked to Yair Lapid and informed him that the "government of change" had come to an end. Lapid didn’t see it coming. Just a few hours previously he was still beseeching the rebel coalition members of Knesset to resign and enable the government to keep going.

Earlier yesterday, however, there had been another tough conversation between Bennett and MK Nir Orbach of Yamina, in which the latter informed him that he intended to vote in favor of the dissolution of the Knesset in a first reading next week at the latest. Bennett realized that Orbach would not return to the coalition, and that the fate of the government and his own fate had been decided, and he wanted to keep control of events. Along the way, Bennett neutralized Orbach and Shaked’s ability to obtain guaranteed places on the Likud candidate list in the next election in exchange for voting for dissolution. Shaked received Bennett’s message while she was on an official visit to Morocco, and was unable to respond in real time. Checkmate.

The person who in the course of the day turned into one of the most powerful people in the Knesset on the way to elections was MK Ahmad Tibi. One after another, the heads of the coalition parties made their way to his office, at first to ask him not to support the bill to dissolve the Knesset, and to support coalition legislation, and then, after Bennett’s announcement, to coordinate their preferred election date with him. Lapid and Tibi agreed that the election would take place at the end of October. Behind the scenes there are claims of collusion on passing laws that will prevent Benjamin Netanyahu from becoming prime minister again.

In one moment, Ra’am leader and coalition member Mansour Abbas lost his ability to dictate the future of the coalition to fellow Arab politician Tibi, of the opposition. Lapid, who was surprised by Bennett’s decision, gained two things. One is that it will be he who, as transitional prime minister, receives US President Joe Biden when he visits Israel next month. The other is that he is the only person in the government who can coordinate the assistance of both Mansour’s Ra’am party and Tibi’s Joint Arab List in running the transition government. Paradoxically, Lapid could have more freedom of action as head of a transition government than Bennett had as head of a narrow coalition.

In practice, the bill to dissolve the Knesset will come to a vote next week, and from there the Knesset will roll on towards elections that will take place at the end of October. In the meanwhile, in accordance with the coalition agreement, Lapid will become transitional prime minister and will run his election campaign from the Prime Minister’s Bureau. Netanyahu and his circle are also pleased with the move. Likud believes that if Lapid is prime minister, that will be a spur to drowsy Likud voters to turn out and perhaps give a decisive 61 Knesset seats to the right-haredi block.

Netanyahu saw the possibility of forming a right-wing government under his leadership in the current Knesset buried last night, when Minister of Justice and New Hope leader Gideon Sa’ar, formerly of Likud, tweeted that he would prevent Netanyahu from returning to power. "As I warned, the irresponsibility of certain members of Knesset in the coalition led to the unavoidable result. The goal in the next election is clear: preventing Netanyahu’s return to power and the subjugation of the country to his personal interests," Sa’ar tweeted.

For his part, Netanyahu declared, "My friends and I will form a broad nationalist government headed by Likud… and above all, a government that will restore national pride to Israel’s citizens so that they can walk the streets with their heads held high."

In the press conference last night announcing his decision to step down in favor of Lapid, in which he enumerated the achievements of his short-lived government, which he said had unified disparate sections of Israeli politics and society, Bennett said that what precipitated his decision was the chaos that would ensue from the opposition's refusal to support the government in extending the regulations governing the status of Israeli citizens in Judea and Samaria. The dissolution of the Knesset will mean that the regulations are renewed automatically.

Published by Globes, Israel business news - en.globes.co.il - on June 21, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

Naftali Bennett  credit: Alex Kolomoisky, Yediot Ahronot
Naftali Bennett credit: Alex Kolomoisky, Yediot Ahronot
groundcover founders credit: Yossi Yarom Israeli observability co groundcover raises $35m

groundcover has developed a “Bring Your Own Cloud” (BYOC) observability solution, redefining the architecture of a modern observability platform.

Tel Aviv Stock Exchange credit: Shutterstock MagioreStock Foreign investment in TASE hits five-year high

Foreign investors have been flocking to the Tel Aviv Stock Exchange in recent weeks, the TASE research department tells "Globes."

Elbit Systems tank turret systems credit: Elbit Systems Elbit Systems wins $100m tank turret systems deal

The Israel defense electronics company will supply its advanced UT30 MK2 unmanned turret systems to General Dynamics European Land Systems (GDELS) to be supplied to a NATO European country.

Tomer Weingarten Photo: PR Trump targets SentinelOne exec in act of revenge

The US administration has suspended the security clearance of the company's chef intelligence and public policy officer Chris Krebs and everyone associated with him.

Tel Aviv Stock Exchange share prices rising credit: Tali Bogdanovsky TASE opens sharply higher after Trump U-turn on tariffs

The pause is being interpreted as a climb down after US President Donald Trump admitted he had made the move to calm the markets.

Ashot Ashkelon credit: Ministry of Defense Up 250%, Ashot Ashkelon wins another Defense Ministry order

The Israeli defense company's share price has risen 250% in the past three years since FIMI Opportunity Funds acquired control.

Liad Agmon credit: Eyal Izhar Insight Partners Liad Agmon steps down as managing partner

Serial entrepreneur Agmon has served as a partner at Insight Partners Israel alongside Daniel Aronovitz who set up the Israel office.

Shekels credit: Shutterstock Vladerina32 Shekel slide resumes amid escalating tariff war

The Bank of Israel is not expected to intervene in the forex market despite the sharp depreciation of the shekel.

Nir Zuk credit: Inbal Marmari Palo Alto Networks mulls buying AI security co for $700m

Sources inform "Globes" that on Palo Alto's radar is Protect AI.

President Donald Trump hosts Prime Minister Benjamin Netanyahu credit: Reuters Kevin Mohatt Israeli officials confident on US tariff concessions

Senior Israeli figures believe that concessions could be tied to progress on strategic regional political issues that are important to President Trump.

Phoenix Investment House CEO Avner Hadad  credit: Tommy Harpaz "The market has priced in all the bad things"

Phoenix Investment House CEO Avner Hadad says US markets could continue to fall, but that we are close to interesting territory for patient investors.

Tel Aviv credit: Shutterstock Tel Aviv slips in World's Wealthiest Cities ranking

Tel Aviv's position as one of the world's wealthiest cities took a big knock over the past year as it slipped from 42nd to 48th in investment advisors Henley & Co.'s "World's Wealthiest Cities" Top 50 ranking.

Leviathan platform  credit: Albatross C'ttee seen recommending no cut in gas exports

The Dayan committee on the future of the gas sector estimates that Israel's natural gas reserves will run out in 2045.

Accountant General Yali Rothenberg credit: Rafi Kutz Israel's fiscal deficit continues to narrow

The deficit narrowed in the twelve months to the end of March 2025, for the sixth consecutive month, Ministry of Finance accountant general Yali Rothenberg reported today.

Arkia credit: Arkia Arkia cuts Tel Aviv - New York April fares

Arkia has cut fares at the last minute, a time when prices usually soar even higher, according to the pricing method used in the industry.

Bank of Israel Governor Prof. Amir Yaron credit: Dani Shem Tov Knesset Spokesperson BoI Governor: US tariffs could push up inflation in Israel

Prof. Amir Yaron tells "Globes" that there is a risk that the new tariffs will cause inflation to rise in the US, with a knock-on effect for Israel.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018