Thursday, October 29, 2026

How Will The Results Of The Election In Israel Affect The War In The Middle East?


How Will The Shocking Results Of The Election In Israel Affect The War In The Middle East?
Michael Snyder

The polls were wrong again. So were the prediction markets. Just two days after the results of the election in Brazil stunned the world, Israel delivered another shocker. All of the experts were assuring us that the Yashar party led by Gadi Eisenkot would get the most votes, but that isn’t what happened. Instead, Benjamin Netanyahu’s Likud received the most votes by a pretty wide margin. Unfortunately for both Eisenkot and Netanyahu, neither of their coalitions have won enough seats to form a new government. So what will happen next, and how will this affect the war in the Middle East?

With more than 85 percent of the vote counted, it was being projected that Netanyahu’s coalition will win 53 seats and Eisenkot’s coalition will win just 48 seats…

The Central Election Committee (CEC) said Wednesday afternoon that with 85.6 percent of ballots counted, the bloc led by Prime Minister Benjamin Netanyahu was poised to win 53 seats in the 120-member Knesset, and the bloc led by Yashar party chair Gadi Eisenkot would win 48 seats, leaving both blocs far from a 61-seat majority.

These results are a crushing disappointment for supporters of Eisenkot.

His coalition was supposed to win the most seats by a comfortable margin.

Now we are potentially facing a deadlock, because the other 19 seats were all won by Arab parties…

The Arab-led parties — the Joint List and Ra’am — held between them the remaining 19 seats, an all-time high and almost double their current 10 seats. This would be more than enough to tip the anti-Netanyahu bloc into a comfortable majority, if all Zionist bloc members except The Democrats hadn’t ruled out cooperating with Ra’am or the Joint List.


There is no way that Netanyahu would ever form a government with the Arab parties.

If Eisenkot broke his word and tried to do so, two of his most important allies would immediately bolt and his coalition would crumble.

So it appears that we will either see a unity government or there will be another election.

There are thousands of votes that still need to be counted, but they are not expected to significantly alter the results…

In its update just after 2:30 p.m. on Wednesday, the CEC said 85.6% of total votes had been counted, representing the results from 92.9% of ballot boxes.

While the results were not final, they weren’t expected to change dramatically, and it was expected that the figures, which had been updated regularly since early Wednesday morning, would not be updated again until Thursday.


Needless to say, this is considered to be a victory for Netanyahu.

It is likely that he will either continue to serve as prime minister in a unity government or as a “caretaker prime minister” until a new election can be held.

The voter turnout percentage for this election was 77.7 percent according to the country’s Central Elections Committee.

That is the highest level of voter turnout since 1999.

Israeli voters flocked to the polls in huge numbers because they realized that so much was at stake.


The U.S. and Israel have both been making extensive preparations for a new campaign of airstrikes in Iran, and it appears that the war in the Middle East is about to go to an entirely new level.

During the campaign, Netanyahu repeatedly stated that regime change in Iran is his goal, while Eisenkot assured voters that he would not seek to topple the Iranian regime…

Netanyahu has long pushed to topple mullahs in the Islamic Republic. Eisenkot agrees that Iran must never be allowed to develop a nuclear weapon, but has said regime change is unrealistic.

“Eisenkot has stated that he would not seek to bring about the fall of the regime in Iran,” said Yossi Mansharof, an expert on Iran for The Misgav Institute for National Security and Zionist Strategy.


That was one of the starkest differences between the two candidates.

If Eisenkot had been victorious, he would have sought to make some sort of a bargain with Iran…

Observers believe that if Eisenkot takes power — which would likely require an alliance with Arab parties — he could push to make a deal that would enrich Iran in exchange of nuclear concessions.

“Netanyahu would not agree to such an arrangement, understanding that a nuclear deal would prolong the regime’s lifespan,” Mansharof said.


Iran was never going to make any significant nuclear concessions, so Eisenkot probably would have ended up fighting Iran anyway.

On election night, Netanyahu made it exceedingly clear that he intends to finish the job in Iran once and for all…

Netanyahu carried that theme into his post-election address early Wednesday, telling supporters that Israel and the United States now had a historic, once-in-a-lifetime opportunity to eliminate the Iranian threat.

“Iran is weaker than ever, Israel is stronger than ever,” Netanyahu said, portraying the moment as an opportunity to finish the confrontation alongside Trump.


Of course the Iranians will do whatever they feel is necessary to survive.

So the stage has been set for an apocalyptic showdown.

On Wednesday, the Wall Street Journal was reporting that the U.S. has informed our allies in the Gulf that “a short, intense military campaign” is coming following the midterm elections…

The U.S. has told several Gulf Arab countries to be prepared for a short, intense military campaign after the U.S. midterm elections, people briefed on the conversations said.

The communications through diplomatic and military channels are among a growing number of indications that the U.S. and Israel are readying to launch a new round of heavy combat operations against Iran, risking a major escalation in hopes of degrading Tehran’s strength and pushing it toward negotiations.


The midterm elections in the United States are in less than a week.

So the clock is ticking.

Apparently officials from Qatar presented one last peace proposal from the Trump administration to the Iranians, but the Iranians were not impressed with it at all…

The Iranians are never going to agree to the nuclear concessions that the Trump administration is seeking.

They can present the same proposals to the Iranians 100 different times, and 100 different times they will fail.

There isn’t going to be peace.

Netanyahu is absolutely determined to end the regime in Iran, and Iran is absolutely determined to wipe Israel from the map.

So any pause in the fighting will only be temporary.

Iran is pledging to strike very sensitive targets in Israel and all over the Middle East.

If the Iranians push things too far, they could reach a point no return, and then we will have all-out war on our hands.





Wednesday, October 28, 2026

Perfect Storm For Banks... And The World


"A Lot Of Bad Things Happening All At Once": Rubino Warns Of Perfect Storm For Banks... And The World


Analyst and financial writer John Rubino has a new warning about the financial health of the global economy, and it's not good. 

Look no further than the most recent revelations of money problems at some of the biggest banks in the world. Rubino calls what we are facing is the "Perfect Storm" for banks. Rubino explains, "There are a lot of bad things happening in the banking sector right now kind of all at once..."

" So, you do have the potential for a perfect storm. I'll just go through a few of them. First of all, banks in the US own $4 trillion to $5 trillion in US government paper . . .. They use Treasury bonds as their safe asset. When interest rates go up, the price (or value) of the bonds goes down. This means there are a lot of unreported losses on bank balance sheets...

If those things find their way into earnings reports, which they will, then you have to count the losses. That is scary for the banks because they will have to report losses, and that spooks the depositors and you get bank runs. That is just there waiting to happen. Then, there are the subprime auto loans that are going bust at an accelerating rate... That's $1.7 trillion or so the banks have to worry about. Then, there are office buildings, and it's kind of the same thing. Office buildings are losing value. . .. 

So, banks are looking at more unreported losses there. . .. The really big one is the artificial intelligence (AI) industry. It needs massive amounts of new capital in order to build the new data centers. Private credit companies have financed this . . . and the big banks financed the private credit companies. 

So, if the AI bubble bursts, the big banks will be on the hook for a lot of that debt. Wherever you look, the banks have a lot of unreported losses sitting out there waiting for them to become reported."

But it's not just the banks facing a 'perfect storm.' It is countries like France, where communism and Islam have joined forces in the so-called "Islamo-Leftist Green-Red" movement. These Green-Red "protests" are in their second month. Do you think this destructive violence is good for the France banks or their economy? France has just had a credit downgrade, and if France fails, it could take down the Eurozone and maybe the global economy. Rubino says:

 "They are illustrating the validity of the saying 'import the third world and become the third world.' They are just not France anymore. Most of Europe has varying degrees of the same problems. Europe is not that far away from becoming a nuclear armed caliphate, which creates all kinds of problems for the US."

Meanwhile, the problems in France have already spread to the rest of Europe, and Rubino points out:

 "Europe was a bigger economy than the US, or at least it was. When you have trouble in an entity that is that big, nobody escapes the fallout. The European crisis is a global crisis."


Rubino contends, "The only way they can survive as a culture is to have a civil war and round up people who are never going to assimilate and deport them."

They want to do the same "Islamo-Leftist Green-Red" movement in the US after the midterm elections that is currently happening in France.

Rubino also does not worry about the recent sell off in gold and silver prices. He thinks this is just a price pullback in a much larger precious metals bull market. Nobody is going to be able to pay back any of the huge global debt accumulated by almost every country on the planet. Gold and silver cannot default, but bonds surely can.


Iran warns of global energy shock if Israel strikes


Iran warns of global energy shock if Israel strikes again
i24NEWS


Iran warned Wednesday that a new Israeli offensive in the Persian Gulf could have severe economic consequences, as tensions between the two countries continue to rise.

In a post on X, Iranian Foreign Minister Abbas Araghchi said another Israeli military operation could have a “devastating impact” on international markets, particularly the energy sector.

Both gas producers and consumers would be directly affected by renewed regional fighting, he warned.

His comments came as provisional results from Israel’s parliamentary elections showed Benjamin Netanyahu’s Likud party in the lead. Netanyahu repeatedly warned Iran during his election campaign.


Backed by US President Donald Trump, the outgoing prime minister has argued that overthrowing Iran’s government is the only way to permanently eliminate what he describes as an existential threat to Israel.

Relations between Israel and Iran remain deeply strained following successive rounds of fighting. Israel struck Iran in June 2025, followed by a joint Israeli-American offensive launched in late February 2026.

A ceasefire was reached in April after 40 days of bombardment. Washington and Tehran subsequently signed a memorandum of understanding in June, but the fragile truce eroded over the summer, leaving diplomatic negotiations at a standstill.

Iran’s foreign ministry has maintained that the outcome of Israel’s elections will not alter Tehran’s position.

Previous confrontations have disrupted global markets and driven up oil and gas prices. Renewed fighting could deepen uncertainty over international energy supplies.


Putin’s Talks With Nordic Leaders Could Signal Start of Serious Diplomacy


Putin’s Talks With Nordic Leaders Could Signal Start of Serious Diplomacy, Expert Says
Sweden Herald


The “frank” talks between the two Nordic leaders and Russian President Vladimir Putin about the war in Ukraine could mark the start of a serious diplomatic process, says Kjell Engelbrekt, a professor of political science at the Swedish National Defence University. The talks suggest that the leaders are no longer just skirting the issues, but have begun to address real problems.

Very few direct contacts between European leaders and the Kremlin have taken place since Russia’s full-scale invasion of Ukraine in February 2022, more than four years ago.

According to Kjell Engelbrekt, the phone call between Russian President Vladimir Putin, Norwegian Prime Minister Jonas Gahr Støre and Finnish President Alexander Stubb was likely coordinated with the United States.

"Stubb and Støre appear to be acting in concert with American attempts to probe, says Engelbrekt.

The direct contact with Putin comes a week after Støre and Stubb hosted and took part in a meeting in Oslo between Ukrainian President Volodymyr Zelenskyy and US special envoy Steve Witkoff.

Such conflicts cannot go on for as long as they want. It is obvious to more and more Russians that this war is really going on. Added to that is the Trump administration, and as far as I can tell, it is the Americans who want these probes to be initiated.

Ahead of the upcoming midterm elections in the United States, domestic political pressure on the Republicans and the Trump administration is mounting.

Criticism has been expressed over Norway and Finland’s decision to initiate contact with the Kremlin. Europe has valued the image of being coordinated in its relations with Russia. Danish Prime Minister Mette Frederiksen is “very skeptical” and says the conversation was not coordinated with other European countries.

But according to Kjell Engelbrekt, Stubb and Støre are leaders trusted within NATO and by the US government, and are preferable from a Russian perspective to other European voices.

The Russian side does not want to talk to the President of the European Commission. Perhaps there is a certain confidence that neither Norway nor Finland wants to escalate this conflict in any way, but simply wants to bring about a process.

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