Israel's Netanyahu may win the battle, but has a 'very long war' for political survival: Stratfor
Netanyahu's Likud party has won 36 seats, with 90% of the votes counted. That puts him narrowly ahead of his main rival, Benny Gantz, but it may not be enough for him and his allies to secure a parliamentary majority.
"If they don't by tomorrow, we're moving back into a territory where we may see a fourth election on the horizon," said Ryan Bohl,This election was called after two previous polls left Israel in a political deadlock with no majority in parliament. "But even if they do, they push over to a 61-vote majority ... the corruption trial doesn't go away," Bohl told CNBC'sBohl said the Israeli leader is likely to prioritize "immunity legislation" for himself, but that may not get past lawmakers.
"It's a very open question about whether or not that legislation would survive a narrow, somewhat fractured coalition," he said, noting that it has "ambitious" insiders who might like to replace Netanyahu. "So, even as he may win the day and win the battle, there's still a very long war for his own political survival, and the outcome is not guaranteed," he added.
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