Benny Gantz

U.S. President Donald Trump said he will announce his long-delayed Middle East peace proposal and that he believes Palestinians will eventually go along with it despite their refusal to engage on the subject.

Former Israeli Prime Minister Benjamin Netanyahu has renounced his mandate, which was given to him by Israeli President Reuven Rivlin in order to form a new Israeli government, after the talks failed, BTA reported.

Netanyahu failed to garner the support of enough MPs to join his eventual governing coalition and returned the term to the president today, two days before the deadline.

The Arab bloc in Israel's parliament abandoned its usual hands-off stance on Sept. 22 and endorsed former military chief Benny Gantz for prime minister, potentially giving him the edge over hard-line incumbent Benjamin Netanyahu.

Near-complete official results on Sept. 20 confirmed a deadlock in Israel's general election this week, putting Benny Gantz's party as the largest but without an obvious path to form a majority coalition.    

The divided Israeli society has once again failed to reach a clear decision. The results of Tuesday's elections have cast the country back into a cycle of negotiations. Center-left Benny Gantz and conservative incumbent Benjamin Netanyahu are weighing their options, while former foreign minister Avigdor Lieberman is pursuing the role of potential kingmaker.

Respected Israeli former military chief of staff Benny Gantz on Thursday launched a political party ahead of snap April elections, with polls suggesting his new group could claim a number of seats.