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Coalition deals finalized in final step before far-right Israeli government is sworn in
(JTA) — Benjamin Netanyahu has signed agreements with the leaders of three far-right political parties that, together with his own Likud party, will form the next Israeli coalition government.
On Twitter, Netanyahu, the incoming prime minister, also released his own list of principles for the next government, including among them indications of the governing partners’ widely known ambitions to reduce the power of Israel’s Supreme Court and bolster “Jewish identity.”
The agreements were a final step required before Netanyahu could be sworn in, and negotiations were underway until shortly before the deadline to reach them. While their contents are not legally binding, the agreements offer a window into the agenda that will drive the country’s leadership for as long as the government holds.
Netanyahu signed deals with three parties late Tuesday and early Wednesday, including one with with the far-right Otzma Yehudit party and its leader Itamar Ben-Gvir. Ben-Gvir, the incoming national security minister, had made a condition of his agreeing to work with Netanyahu that he would get unprecedented authority over the country’s police, and the Knesset passed a law early Wednesday granting just that, though without some of the powers that Ben-Gvir had sought.
Many of the other agreements made among the coalition partners have been reported during the weeks of negotiations, and others are becoming clear as the coalition agreements are published. Legislation is expected to permit more gender-segregated events as the result of Netanyahu’s agreement with the haredi Orthodox United Torah Judaism alliance, for example, and the right-wing party Noam will get 70 million NIS annually (almost $20 million) to create and operate a new “Department of State Jewish Consciousness.” That party’s leader, Avi Maoz, has described himself as a “proud homophobe.”
The alliance between Netanyahu and Israel’s far-right parties has alarmed many, including hundreds of U.S. rabbis who have pledged to block the parties’ leaders from their communities; longtime Jewish leaders who are questioning their unconditional support for Israel; Israeli liberals and moderates who fear that civil rights will be limited; and even the outgoing leader of the Israel Defense Forces, who urged Netanyahu not to insert extremists into the military chain of command.
Aiming to calm the fears of Americans, Bezalel Smotrich, the leader of the Religious Zionist party, took to the opinion pages of the Wall Street Journal late Tuesday in a column titled “Israel’s New Government Isn’t What You’ve Heard.” The column was published hours before the Knesset paved the way for Smotrich, who will be finance minister, to take unprecedented authority over construction in the West Bank, his demand to enter a government with Netanyahu.
“They say I am a right-wing extremist and that our bloc will usher in a ‘halachic state’ in which Jewish law governs,” Smotrich writes. “In reality, we seek to strengthen every citizen’s freedoms and the country’s democratic institutions, bringing Israel more closely in line with the liberal American model.”
Netanyahu has also sought to quell the concerns of those, including U.S. leaders, who are alarmed by the coalition that he is firmly in control.
“They’re joining me, I’m not joining them,” he said earlier this month. “I’ll have two hands firmly on the steering wheel. I won’t let anybody do anything to LGBT [people] or to deny our Arab citizens their rights or anything like that.”
Late Tuesday, Netanyahu’s party picked Amir Ohana, a close ally and Israel’s first openly gay government minister, to be the Knesset speaker in the next government.
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Thousands Protest Over Israeli President Herzog’s Visit to Australia in Wake of Bondi Massacre
Demonstrators gather at Town Hall Square to protest against Israeli President Isaac Herzog’s state visit to Australia following a deadly mass shooting during a Jewish Hanukkah celebration at Bondi Beach on Dec. 14, 2025, in Sydney, Australia, Feb. 9, 2026. Photo: REUTERS/Jeremy Piper
Thousands gathered across Australia on Monday to protest over the arrival of Israeli President Isaac Herzog, who is on a multi-city trip aimed at expressing solidarity with Australia‘s Jewish community following a deadly mass shooting last year.
Herzog is visiting Australia this week following an invitation from Australian Prime Minister Anthony Albanese in the aftermath of the Dec. 14 shooting at a Hanukkah event at Sydney’s Bondi Beach that killed 15.
The visit has attracted the ire of some people in Australia, who accuse Herzog of being complicit in civilian deaths in Gaza. Anti-Israel groups have organized protests in cities and towns across the country on Monday evening.
In Sydney, thousands gathered in a square in the city’s central business district, listening to speeches and shouting pro-Palestinian slogans.
“The Bondi massacre was terrible but from our Australian leadership there’s been no acknowledgment of the Palestinian people and the Gazans,” said Jackson Elliott, a 30-year-old protestor from Sydney.
“Herzog has dodged all the questions about the occupation and says this visit is about Australia and Israeli relations but he is complicit.”
There was a heavy police presence with a helicopter circling overhead and officers patrolling on horseback.
Police used pepper spray and tear gas to push back groups of people who were trying to breach the line and march ahead. Several protesters were arrested as they clashed with police.
Authorities in Sydney declared Herzog’s visit a major event and were authorized to use rarely invoked powers during the visit, including the ability to separate and move crowds, restrict their entry to certain areas, direct people to leave, and search vehicles.
On Monday in a Sydney court, the Palestine Action Group – which organized the protest – failed to legally challenge the restrictions on the demonstration.
PRESIDENT COMMEMORATES LIVES LOST
Meanwhile, thousands of Jewish community members, government officials, and opposition party politicians welcomed Herzog at an event, more than a kilometer away from the protests, honoring the victims of the Bondi attack.
“We all remember the boycotts, the threats, the colleagues who turned their backs on their Jewish friends … that was the prelude to Bondi,” he told a large crowd at Sydney’s International Convention Centre, according to an ABC News report.
Herzog began his visit earlier on Monday at Bondi Beach, where he laid a wreath at a memorial for the victims of the attack. He also met survivors and the families of 15 people killed in the shooting.
“This was also an attack on all Australians. They attacked the values that our democracies treasure, the sanctity of human life, the freedom of religion, tolerance, dignity, and respect,” Herzog said in remarks at the site.
In a statement, the Executive Council of Australian Jewry Co-Chief Executive Alex Ryvchin said Herzog’s visit “will lift the spirits of a pained community.”
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Saudi Arabia Wealth Fund Set to Announce Strategy Revamp, Sources Say
A billboard at the site of New Murabba shows The Mukaab, in Riyadh, Saudi Arabia, Jan. 26, 2026. Photo: REUTERS/Mohammed Benmansour
Saudi Arabia‘s $925 billion Public Investment Fund (PIF) plans to announce a new five-year strategy this week, two people with direct knowledge of the matter said, in the biggest reset yet of Crown Prince Mohammed bin Salman’s economic transformation plan.
The Saudi sovereign wealth fund soft-launched its new 2026-2030 strategy with key investors and strategic partners on Monday on the sidelines of a conference in Riyadh, the two people and another familiar with the matter told Reuters.
The new blueprint will emphasize sectors including industry, minerals, artificial intelligence, and tourism, while scaling back and in some cases reconfiguring expensive mega projects such as The Line, a futuristic mirrored city, the sources said.
All three sources declined to be named because they were not authorized to speak publicly about the matter.
One said the new roadmap will place greater emphasis on attracting capital from major global asset managers, reflecting mounting fiscal pressures as oil prices remain well below levels needed to fund the kingdom’s ambitious transformation agenda.
The shift marks the most significant recalibration to date of bin Salman’s Vision 2030, which for nearly a decade has prominently featured mega futuristic developments. The kingdom is currently reviewing several of the mega projects.
Many of these, including The Line, which extends 170 km (106 miles) into the desert, and the planned Trojena winter sports hub, have faced delays and ballooning costs. The latest to be suspended was a cube-shaped skyscraper in Riyadh.
Last month, Saudi Economy Minister Faisal al-Ibrahim told Reuters: “We’re very transparent. We’re not going to shy away from saying we had to shift this project, delay it, re-scope it,” without mentioning specific projects.
Under the new strategy, NEOM will shift away from its earlier emphasis on tourism and futuristic urban design toward renewable energy and industrial development, including green hydrogen, solar and wind projects, and data centers that benefit from their proximity to the sea for cooling, the people said.
The Line was not on display in the venue at Monday’s opening day of the private sector forum, while NEOM’s video displays underscored the new direction, focusing on energy and industrial initiatives rather than the high‑profile real estate and tourism concepts once billed as being at its core.
PIF’s updated focus echoes details previously reported by Reuters, including a broader shift toward logistics, mining, and advanced manufacturing, as well as clean energy and religious tourism.
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US Issues Fresh Guidance to Vessels Transiting Strait of Hormuz as Iran Tensions Simmer
A map showing the Strait of Hormuz and Iran is seen behind a 3D printed miniature of US President Donald Trump in this illustration taken June 22, 2025. Photo: REUTERS/Dado Ruvic/Illustration
The United States issued fresh guidance on Monday to commercial vessels transiting the Strait of Hormuz, a key shipping lane for Middle East oil supplies, as tensions simmered between Washington and Tehran over Iran’s nuclear program and brutal crackdown on anti-government protesters.
Iran has in the past threatened to close down the Strait of Hormuz, a portion of which lies within its territorial waters, and has at times seized commercial ships and oil tankers moving through the area alleging smuggling.
The US Department of Transportation’s Maritime Administration advised US-flagged commercial vessels to stay as far from Iran’s territorial waters as possible and to verbally decline Iranian forces permission to board if asked, according to the guidance.
“It is recommended that US-flagged commercial vessels transiting these waters remain as far as possible from Iran’s territorial sea without compromising navigational safety,” according to the guidance posted on its web site.
It also said crews should not forcibly resist Iranian forces if they board.
“If Iranian forces board a US-flagged commercial vessel, the crew should not forcibly resist the boarding party,” it said.
Iran‘s top diplomat said on Friday that nuclear talks with the US mediated by Oman were off to a good start and set to continue, in remarks that could help allay concern that failure to reach a deal might nudge the Middle East closer to war.
While both sides have indicated readiness to revive diplomacy over Tehran’s long-running nuclear dispute with the West, Washington has said it also wants the talks to cover Iran‘s ballistic missiles, support for armed groups around the region, and human rights.
President Donald Trump ratcheted up the pressure on Iran on Friday with an executive order imposing a 25% tariff on imports from any country that “directly or indirectly” purchases goods from Iran, following through on a threat he made last month.