Israel's coming election will give the winner control over a booming economy

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Israel's coming election will give the winner control over a booming economy
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In every Israeli election since 1948, the top issue has been security. But the economy has become a major focus for voters as they head to the polls on Tuesday.

In every Israeli election since 1948, the top issue has been security. That won't change on Tuesday when Israelis cast ballots to see who will become prime minister.

Last week, Brazil's new President Jair Bolsonaro visited Jerusalem to set up a trade office. Israeli energy executives have made progress on a pipeline that it's hoped will transport natural gas from Israel's recently discovered fields in the Mediterranean to Europe, by way of Cyprus and Greece. The first of the two most likely election scenarios Tuesday would be for Netanyahu's Likud party to win the most seats in the Knesset, Israel's parliament.

But Greenfield doubts any impact would last. He said that"because the Federal Reserve in the United States is signaling no more hikes and global Central Banks aren't moving, it's unlikely the Bank of Israel will be able to make a move, unless inflation starts to become more of a concern, then they'd be forced to act."

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