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Israel, Just Downgraded, Readies Bond Spree to Pay for War Against Hamas

(Bloomberg) Israel will have to sell a near-record amount of bonds this year to fund its war against Hamas, according to several finance ministry officials with knowledge of the matter.Most Read from BloombergGermany’s Days as an Industrial Superpower Are Coming to an EndTop Nigerian Banker Killed in Helicopter Crash in CaliforniaTrump Says War in Ukraine Must End Even as US Aid AdvancesHow Worried Should You Be About Commercial Real Estate?The task got more complicated on Friday, when Israel

Moody s Downgrades Pemex Corporate Family Rating to B3 From B1

(Bloomberg) Petroleos Mexicanos would be near default without the Mexican government’s support, Moody’s Investors Service said, downgrading the state oil company’s debt further into junk territory.Most Read from BloombergBiden’s Attempt to Address Memory Issue Backfires With New GaffeChina’s Property Crisis Is Starting to Ripple Across the WorldStock Mania Rages On as S&P 500 Closes Above 5,000: Markets WrapNew York City Is Considering a Laundry Pods CrackdownPutin Showed Carlson Why He Reall

Israel Hit With First Downgrade Ever as Moody s Cites War Impact

(Bloomberg) Israel received its first-ever sovereign downgrade as Moody’s Investors Service lowered its credit rating, citing the impact of the ongoing military conflict with Hamas on its finances. Most Read from BloombergBiden’s Attempt to Address Memory Issue Backfires With New GaffeChina’s Property Crisis Is Starting to Ripple Across the WorldStock Mania Rages On as S&P 500 Closes Above 5,000: Markets WrapNew York City Is Considering a Laundry Pods CrackdownPutin Showed Carlson Why He Real

NYCB s Credit Grade Is Cut to Junk by Moody s

(Bloomberg) New York Community Bancorp’s credit grade was cut to junk by Moody’s Investors Service less than a week after the regional lender said it was stockpiling reserves to cover souring loans tied to commercial real estate.Most Read from BloombergTrump Denied Immunity in DC Election Case by Appeals CourtXi to Discuss China Stocks With Regulators as Rescue Bets BuildWall Street Snubs China for India in a Historic Markets ShiftKing Charles Treated for Cancer in New Royal Health ScareTreas

NYCB Seeks to Reassure Investors After Shares Hit 27-Year Low

(Bloomberg) New York Community Bancorp shares, which touched a 27-year low on Tuesday, extended that decline after company executives tried to reassure investors that its financial position is strong. Most Read from BloombergChina Replaces Top Markets Regulator as Xi Tries to End RoutHaley Loses Nevada Primary to ‘None of These Candidates’ OptionTrump Denied Immunity in DC Election Case by Appeals CourtTesla Asks Which Jobs Are Critical, Stoking Layoff FearsUS Commercial Real Estate Contagion

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