Israel downgraded by another rating agency

Apr 19th 2024 11:14am EDT

The country’s confrontation with Iran has raised geopolitical risks, S&P has said International ratings agency S&P Global downgraded Israel’s long-term credit rating on Thursday, citing the risk of a military escalation with Iran. S&P has become the second major US credit ratings agency to do so after Moody’s lowered Israel’s credit score in February due […]

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