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Economist Podcasts

Bibi, it’s cold outside: Israel’s improbable coalition

Economist Podcasts

The Economist

News & Politics, News

4.35K Ratings

🗓️ 1 June 2021

⏱️ 21 minutes

🧾️ Download transcript

Summary

The only thing that unites the parties of a would-be government is the will to oust Prime Minister Binyamin Netanyahu. What chance their coalition can secure political stability? A new report reveals where the gangsters of the Balkans are stashing their loot: in an increasingly distorted property market. And a look at the mysterious case of Canada’s hardened butter. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer

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Transcript

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0:00.0

Hello and welcome to the Intelligence on Economist Radio.

0:07.0

I'm your host, Jason Palmer.

0:09.0

Every weekday, we provide a fresh perspective on the events shaping your world.

0:14.0

There's a lot of dirty money flowing around the Western Balkan countries, as organized crime groups expand their efforts well beyond the region. And it appears that much of that loot is getting laundered through a deeply distorted property market. And something definitely seems wrong with the butter in Canada.

0:39.1

It's just too hard.

0:43.9

Our correspondent examines a mystery that's come to be known as Buttergate. First up, though, the political rivals of Binjeman Netanyahu appear to be closing in on a deal that would end his reign as Israel's longest serving prime minister.

1:30.3

Yesterday, opposition United Israel can be a den another. Yesterday, opposition leader Yai Yer Lepid announced that, in a week, the state of Israel can be in a different era. His is one of a group of parties attempting to form a coalition that would remove Mr. Netanyahu from power. Mr. Lepid labeled it a unity government. The prime minister in such a coalition would, to begin with, be Neftali Bennett,

1:37.3

a former aide to Mr. Netanyahu, who now leads his own right-wing party.

1:43.3

He said the partnership would rescue Israel from a tailspin.

1:50.4

Arranging a workable coalition will be a challenge.

1:53.8

The parties have fundamentally conflicting ideologies.

1:57.4

Another obstacle, Mr. Netanyahu himself, who warned in his own press conference on Sunday

2:02.5

that such a government would be a threat to Israel's security. After four elections in two years,

2:11.7

political stability is long overdue in Israel. But a convoluted effort simply to unseat Mr. Netanyahu might not be enough to get there.

2:21.0

So it's going to be a very unwieldy coalition, parties from all across the Israeli political spectrum.

2:28.1

Anshilfeffer is our Israel correspondent reporting from Jerusalem.

2:31.1

The right is going to be Yamina, headed by Naftali Bennett, New Hope,

2:37.6

which is a new party of Likud rebels,

2:41.3

and Israel Beitone, which means Israel, our home.

2:45.2

From the center, the main parties,

2:47.8

Yeshati, the largest party in the opposition, led by Yerla Pid, who is also the architect

2:53.3

of this government, blue and white, led by Benny Gantz.

...

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