Biggest Mideast Story of the Day -- Nothing To Do With The Bakken

Updates

May 10, 2012: Another report that US President Obama will give in to Iran, allowing some nuclear enrichment.

Recent reports indicated that President Barack Obama is prepared to make a major concession to Iran on uranium enrichment.

According to the reports, the Obama administration now is willing to allow 5 percent enrichment if Iran were to take other major steps to curb its ability to develop a nuclear bomb.”

In that article, the writer confirms that the general consensus is that with the coalition, Netanyahu could attack at any moment. 

Original Post

Link here.

Israeli Prime Minister Benjamin Netanyahu has called off early elections in exchange for the coalition he was looking for.

Mr Netanyahu said their new coalition wanted a "responsible" peace process with the Palestinians and "serious" talks about Iran's nuclear programme.

The move came as parliament debated its dissolution before an election Mr Netanyahu had planned for September.

Kadima is currently the biggest party in the Knesset, but recent polls have suggested the number of seats it holds could be halved.

The coalition will have a majority of 94 - one of the biggest in Israeli history.

Several things to note:

a) anti-incumbent mood even in Israel; see recent Greek and French elections for anti-incumbent mood
b) not a small majority -- but one of the biggest in Israeli history
c) this will allow "serious" talks about Iran's nuclear program; as you all know, the US president has telegraphed his decision to allow Iran to continue with it's nuclear program "with conditions"; something tells me Israel's "serious" talks won't include this same policy