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Israeli President Isaac Herzog urged Knesset members to do everything possible to avoid a repeat election, according to a First Squawk tweet. The appeal comes as lawmakers face the prospect of another national vote if they fail to form a stable coalition. The warning matters because a repeat election would extend political uncertainty and delay fiscal and policy decisions. Watch for coalition negotiations and any formal moves toward dissolving the Knesset in the coming days.

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Isaac Herzog, Knesset, Israel