"Israel's Response to Moody's Downgrade and Gaza War Impact on Economy"

Israel has responded to Moody's decision to downgrade its credit rating by criticizing the move as politically motivated and lacking economic justification. The downgrade was attributed to the impact of the recent conflict in Gaza on Israel's economy. Israeli officials argue that the decision fails to account for the country's strong economic fundamentals and resilience, and have expressed confidence in their ability to overcome the challenges posed by the conflict.