Israel will hold general elections on Tuesday, with war, security, the economy, and coalition formation being the main issues.
This election is the first for Israel since the Hamas attack on October 7, 2023, and the subsequent joint war with the United States against Iran. The main issues focus on the war, national security, the economic situation, and mandatory military service.
According to László Csicsmann, a Middle East expert at Corvinus University, this vote is effectively a referendum on incumbent Prime Minister Benjamin Netanyahu, as the Hamas attack has "changed Israeli society." He noted that Israel currently spends about 8% of its GDP on military expenditures, and the economic cost of the war is also a key concern for voters.
Farzan Sabet, a senior analyst at the Eurasia Group think tank, stated that both Netanyahu's right-wing Likud party and the centrist opposition led by former military chief Gadi Eisenkot are "quite hawkish" on security issues, and their policies on key areas such as Iran and Hezbollah in Lebanon may converge. However, if an anti-Netanyahu bloc forms a new government, it might "re-evaluate its strategy towards Tehran" before taking significant escalatory actions.
The outcome of this election could influence Israel's future direction regarding its military operations in Gaza, its policy towards Iran, and its relationship with the United States.
Israel will hold general elections on Tuesday, with war, security, the economy, and coalition formation being the main issues
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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