BLITZER: We're following breaking news in Israel. After weeks of negotiations following last month's indecisive election, Prime Minister Benjamin Netanyahu has given up efforts to form a new governing coalition. Let's go to Jerusalem right now. Our correspondent, Oren Liebermann, is following all these late-breaking developments. Tell us more, Oren.</s>OREN LIEBERMANN, CNN CORRESPONDENT: Well, this is a major blow to Prime Minister Benjamin Netanyahu, but is certainly not the end of Netanyahu, the longest-serving leader in Israel's history. At least not yet. But it is unprecedented, a second straight failure in an attempt to form a government. And for the first time in a decade, someone else will have a chance to form a government. Someone else, if successful, will have a chance to lead Israel and call themselves the country's prime minister. And for the first time since 2009, Netanyahu does not have a firm grasp -- a firm grip of control on what's happening in Israeli politics. On top of that, there are ongoing corruption investigations against Netanyahu in which there are potential indictments which could come down in the next few weeks as Netanyahu proclaims his innocence in all of those investigations. So his political and personal future remain uncertain. Who will it be trying next? Well, it will be Netanyahu's rival in two straight elections, former IDF Chief of Staff and head of the Blue and White Party, Benny Gantz. The problem, Gantz's path to a coalition, his path to the premiership is no more clear than Netanyahu's, which means, Wolf, that Israel may well be on a path to a third straight election in 12 months. And this was already unprecedented at the second election. Israel's political deadlock, at least for now, looks set to remain, Wolf.</s>BLITZER: We'll see what happens over there. Oren Liebermann on the scene for us. Thank you. Coming up, will the President's surprising reversal on holding the G-7 Summit at his own resort help or hurt the Trump brand?
Israel's Netanyahu Gives Up Effort To Form New Government, Opening Path For Rival Benny Gantz