Netanyahu Picks Kulanu Party Head as Israel's Finance Minister

Israeli Prime Minister Benjamin Netanyahu has chosen the head of centrist Kulanu party as Israel's next finance minister, confirming an informal offer made two days before the country's national election. A spokesman for Netanyahu's Likud party said on Wednesday that Moshe Kahlon was told of the appointment in a one-on-one conversation late on Tuesday. Netanyahu's rightist Likud party won 30 seats in the 120-member parliament in the March 17 election, comfortably defeating the center-left Zionist Union opposition on 24 seats but leaving him reliant on other parties to govern. Israeli President Reuven Rivlin will formally nominate Netanyahu to form an administration later on Wednesday.