The Jerusalem Post reports live as Prime Minister Binyamin Netanyahu and Kadima Party head MK ShaulMofaz present their unity deal to form a 94-seat coalition to reporters in the Knesset at noon. The Knesset is expected to approve the new national unity government within 48 hours. It is the seventh such government in Israel's history.

Netanyahu and Mofaz approved a last-minute deal before dawn on Tuesday to form a national unity government that would postpone early elections. News of the deal came in the midst of a lengthy plenum meeting that was expected to vote to dissolve the 18th Knesset.

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