Israel votes on October 27 to elect its entire Parliament

WHAT HAPPENED

Israel will vote on October 27 to elect the 120 members of its Parliament. The election pits Netanyahu's Likud against Yashar!, while discussions on taxes, public spending, banks, and post-war reconstruction take place.

WHY IT MATTERS

The next government will determine who pays for the reconstruction and which sectors receive support. The current plan lowers the income tax and charges more to banks; Yashar! prioritizes housing, daycare, and more open imports, but has not yet stated how much it will cost.

AND FOR YOUR PORTFOLIO

For a long-term investor, the outcome could change the rules for banks, state-owned companies, importers, and families. For households, the decisions could be reflected in taxes, access to housing, childcare services, and prices of imported goods.