Israel’s Economic Outlook Darkens Following S&P and Moody’s Downgrades

S&P Global Ratings has lowered Israel’s long-term credit rating from ‘A+’ to ‘A’ amid growing tensions with Lebanon. The downgrade reflects mounting concerns over Israel’s economic stability and public finances. S&P expects the conflict to persist into 2025, potentially leading to further reprisals against Israel. This decision follows Moody’s recent two-notch downgrade of Israel’s credit […]