Israel's President Shimon Peres, right, receives the official Israeli election results from Deputy President of the Supreme Court of Israel Eliezer Rivlin at Peres' residence in Jerusalem, Wednesday, Feb. 18, 2009. (AP photo)

Israelis are waiting for President Shimon Peres’ decision regarding which Member of Knesset (MK) is most likely to be able to form a stable governing coalition. Already, 50 MKs have told Peres they are backing Likud’s Benjamin Netanyahu to be the next Prime Minister. Only 28 MKs have told Peres they back Kadima’s Tzipi Livni. One of the big questions at this point concerns who Avigdor Lieberman and his Israeli Beiteinu party will back. Lieberman is expected to return to Israel tonight from a vacation in Minsk and is scheduled to meet Peres Thursday morning. Developing….

HEADLINES TO TRACK:

• Israel’s Peres begins consulting parties on PM
• President Peres concedes he was wrong to back Gaza pullout in 2005
• Barak tells IDF: Iran nukes are an existential threat to Israel
• Slow Obama stance on Iran nukes worries Israel
• Man who founded Muslim TV station accused of beheading his estranged wife in Buffalo
• Israeli unemployment rises 15%
• MEMRI: Turkish officials moving to form new alliance with Iran
• Manila arrests Islamist over plot to attack Israeli, U.S. embassies
• Iran hails energy ties with Russia
• Iran, Russia Hold Defense Summit in Moscow
• Russia won’t toughen policy on Iran
• Iran minister seeks missiles on Russia trip
• Obama OKs about 17,000 more troops for Afghanistan
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