After much speculation, Likud leader Bejamin Netanyahu is set to become Israel’s next prime minister. Avigdor Lieberman, whose far-right Yisrael Beiteinu Party finished third in last week’s elections, has told Israeli President Shimon Peres that he will support Netanyahu to lead a new conservative coalition. Tzipi Livni, Netanyahu’s rival from the Kadima Party, has said her party will go into the opposition, despite having won the most seats of any single party in the election. In a text message to party activists, Livni said: "Today the foundations have been laid for an extreme rightist government headed by Binyamin Netanyahu. This is not our path, and there is nothing for us in such a government...We were not elected to legitimise an extreme right government and we must be an alternative of hope and go to opposition."