Uncertainty in Israeli Election; Bolsonaro Flees Brazil

Today's top stories, with context, in just 15 minutes.   

On today's podcast:   

1) Israeli Prime Minister Benjamin Netanyahu edged past opposition leader Gadi Eisenkot in the country’s tight election with more than 70% of the votes counted. Netanyahu’s bloc was projected to win 54 seats and Eisenkot’s 47 in the 120-member Knesset, with 19 going to Israeli Arab parties. The outcome of the election is still uncertain, with neither Netanyahu nor Eisenkot yet having a clear path toward forming a government.   

2) Brazilian senator Flávio Bolsonaro arrived in Miami after fleeing his country following a defeat in its presidential election, O Globo reported. A senior State Department official said the US would grant visas to Flávio and his family, as he faces multiple criminal investigations in Brazil. Flávio Bolsonaro was ordered to surrender his passports to Federal Police but failed to do so, amid concerns he posed a flight risk, according to a police official familiar with the situation.   

3) The Federal Reserve is expected to hold interest rates steady on Wednesday despite inflation data for September coming in hotter than expected. Fed Chairman Kevin Warsh could face pressure to explain policymakers' rationale for not acting now after they voted unanimously last month to raise rates to address burgeoning inflation. The Fed will release a post-meeting statement and Warsh will hold a press conference to discuss the decision and potentially address concerns about inflation and future rate hikes.

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