URGENT ¥¥¥ Peres tasks Netanyahu with forming new Israel coalition

Israeli President Shimon Peres tasked Prime Minister Benjamin Netanyahu on Saturday with forming a new government after two days of intense talks with the parties recently elected to the new parliament.

"I have decided to charge Benjamin Netanyahu with forming the government," Peres said at a press conference at his official residence in Jerusalem, after 82 of the 120 members of the Knesset had declared in favour of the premier.