<span style="color: #222222;">Israel's parliament, the Knesset, was dissolved after the two main parties in its unity government failed to meet a deadline in a row over state budgets last night.<br />''</span><br />'' <span style="color: #222222;">Israel will now hold its fourth elections in two years in March next year, just 12 months after the last round.<br />''</span><br />'' <span style="color: #222222;">Two previous elections were inconclusive, resulting in a rare government of national unity.<br />''</span><br />'' <span style="color: #222222;">Israel's parliament was automatically dissolved as required by law after a deadline to pass the 2020 state budget expired.<br />''</span><br />'' <span style="color: #222222;">Prime Minister Benjamin Netanyahu and his former election rival, Defence Minister Benny Gantz, established a unity government in May in the wake of three inconclusive elections held since April 2019.<br />''</span><br />'' <span style="color: #222222;">The two men have shared power since April in an uneasy coalition, agreeing to rotate as prime minister, with Mr Netanyahu holding office first before a scheduled handover to Mr Gantz in November 2021.</span><br />''