Israel Parliament Dissolves, Calling for New Elections
Supreme Court's Ruling on Netanyahu's Corruption Trial Prompts Dissolution
Parliament Fails to Pass New Budget, Triggering Elections
Jerusalem, Israel - The Israeli parliament, known as the Knesset, voted on Monday to dissolve itself, triggering new elections. The move comes amid a political crisis caused by the Supreme Court's ruling on Prime Minister Benjamin Netanyahu's corruption trial and the parliament's failure to pass a new budget.
The Supreme Court ruled that Netanyahu, who has been charged with bribery, fraud, and breach of trust, must step down while his trial is ongoing. Netanyahu has denied the charges and has appealed the ruling.
The parliament also failed to pass a new budget, which is required by law by the end of March. The failure to pass the budget has led to a number of government services being suspended.
The Knesset voted 90 to 30 in favor of dissolving itself. New elections are expected to be held in March or April.
The dissolution of the Knesset is a major political development in Israel. It is only the third time in the country's history that the parliament has dissolved itself before the end of its term.
The new elections are expected to be closely contested. Netanyahu's Likud party is currently the largest party in the Knesset, but it is not clear if he will be able to form a new government.
The dissolution of the Knesset is a sign of the political instability that has gripped Israel in recent years. The country has been through three elections in the past two years, and it is unclear when a stable government will be formed.