Israel's Netanyahu gives up on forming new coalition as Gantz takes…

Israel's Netanyahu gives up on forming new coalition as Gantz takes…

Israel's president says Prime Minister Benjamin Netanyahu has ended his quest to form a new coalition — a step that pushes the country into n

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Israel’s president says Prime Minister Benjamin Netanyahu has ended his quest to form a new coalition — a step that pushes the country into new political uncertainty.

Netanyahu fell short of securing a 61-seat parliamentary majority in last month’s national election. But President Reuven Rivlin gave Netanyahu the first opportunity to form a government because he had more support, 55 seats, than any other candidate.

Netanyahu had hoped to form a broad “unity” government with his chief rival, former military chief Benny Gantz. But late Monday, Netanyahu announced he came up short.

Rivlin says he will now give Gantz a chance to form a government, though Gantz does not appear to have enough support either.

If Gantz fails, Israel could hold its third election in less than one year.