Moody's Downgrades Israel's Credit Rating Amid War
TL;DR Summary
Moody's downgraded Israel's credit rating from "A1" to "A2" due to the ongoing war with Hamas, citing material political and fiscal risks for the country. The agency warned that the fighting in Gaza could continue without a durable agreement, potentially further impacting Israel's security and economy. This decision comes after the October 7 massacres and amid concerns about the economic toll of the conflict.
- Moody's downgrades Israel to 'A2' The Jerusalem Post
- Moody’s lowers Israel’s credit rating, downgrades outlook from ‘stable’ to ‘negative’ The Times of Israel
- Israel’s credit rating downgraded by Moody’s due to war with Hamas CNN
- Israel Hit With First Downgrade Ever as Moody's Cites War Impact Bloomberg
- Moody's lowers Israel's credit rating, downgrades outlook from 'stable' to 'negative' amid war The Times of Israel
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