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Will Moody s dropping Israel s credit rating harm Israeli wallets?

What is a credit rating, how is it determined, and how will Moody's dramatic decision impact Israelis?

How could a credit rating downgrade impact Israeli wallets, markets?

Decisions made by rating agencies will undoubtedly have a lasting impact on financial landscape, government's fiscal policies, and overall well-being of Israeli citizens.

Satcom wins contract from West African country

Satcom wins contract from West African country The contract for the supply of advanced satellite systems is worth $700,000. Satcom Systems Ltd. (TASE: STCM) has won a contract with a government agency in West Africa for the supply of advanced satellite systems including a hub. The deal is worth $700,000 plus $130,000 for maintenance of the hub for 28 months. Satcom said that the systems were designed for national use by the end customer. Satcom Systems chairman Ami Barlev said, This contract is further indication of the qualities of our services and products and of the confidence in us on the part of first-tier companies and government agencies.

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