T minus1 Day

Thats right. T minus 1 day and counting until the new Israeli elections. Ahead in the polls is current acting Prime Minister and Prime Minister delegate Ehud Olmert and his Kadima party. Various polls have ranked Kadima the clear favorite to win out of the three major parties with suspected win tallies of between 34 and 36 seats out the 120 seat Knesset (Israeli Parliament). source
Avodah, or Labor party, the left of center socialist party headed by Amir Peretz is said to have support varying from 17 to 21 seats. This is surprising when considering in a major speech to party supporters, that was supposed to be in English, he stumbled over the English words for about 3 minutes, and thus made his campaign, and himself, seem unprofessional and sloppy. The seeds would be almost right for Labor to sow an Avodah-led government this time around, if it weren't for their too soft position on terrorism and fighting it. Either way, if Kadima wins a majority goverment, or a slight majority, Labor would most likely be a major coalition partner with the Kadima government.
Likud, headed by the mistrusted and disliked Benjamin "Bibi" Netanyahu, is predicted to win between 13 and 17 seats. A poor showing from the past two elections under the leadership of Ariel Sharon, but for various reasons, it makes sense. Not least because the bulk of Israelis dislike Bibi, due to various reasons.
Another, even more surprising reason and turn of events is that Avigdor Leiberman, leader of the Russian-Israeli Jewish party "Yisrael Beiteinu" (Israel is our Home) party is actually picking up a lot of seats for its coalition party National Union. Its picking up a lot of fringe voters who would have voted Likud, but won't out of principle of hating Netanyahu, as well as others who like its principles and ideas it espouses. Lieberman has suggested that Israel should unilaterally withdraw from large arab areas, and officially and unilaterally redraw the borders of Israel, leaving out the heavily arab areas, and including the heavily Jewish areas in the West Bank. This is a similar plan to what Kadima chief Ehud Olmert has said he would do if Hamas doesn't renounce terrorism and recognize Israel's right to exist. So, most likely the new Israeli government looks like it will be something along these lines for a coalition: Kadima-Labor-National Union (Yisrael Beiteinu) coalition, with Likud and the hard right and hard left becoming the loyal opposition.