Netanyahu, Allies Cling to Narrow Victory in Israeli Election (+video)

JERUSALEM – Prime Minister Benjamin Netanyahu and his hard-line allies fared far worse than expected in a parliamentary election Tuesday, likely forcing him to reach across the aisle to court a popular political newcomer to cobble together a new coalition.

While Netanyahu appeared positioned to serve a third term as prime minister, the results marked a major setback for his policies and could force him to make new concessions to restart long-stalled peace talks with the Palestinians.

More than 99 percent of the votes had been counted by Wednesday morning and results showed the hawkish and dovish blocs were split about evenly.

Netanyahu’s most likely partner was Yesh Atid, or There is a Future, a party headed by political newcomer Yair Lapid that showed surprising strength. Lapid has said he would only join a government committed to sweeping economic changes and a resumption of peace talks with the Palestinians.

Addressing his supporters early Wednesday, Netanyahu vowed to form as broad a coalition as possible. He said the next government would be built on principles that include reforming the contentious system of granting draft exemptions to ultra-Orthodox Jewish men and the pursuit of a “genuine peace” with the Palestinians. He did not elaborate, but the message seemed aimed at Lapid.

Read more from this story HERE.