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Israel's Credit Rating Downgraded by Moody's, Outlook 'Negative' due to War with Hamas

The present conflict between Israel and Hamas in Gaza has prompted credit rating agency to issue grim warnings. This stems from Moody s anticipation of Israel increasing its military expenditure, nearly doubling the amount spent in 2022 by the end of 2024. However, there s a risk of the conflict escalating, with the possibility of Hezbollah s involvement. ....

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Moody's credit rating downgrade of Israel causes small decrease in stocks

Analysts estimate that other rating agencies will also lower Israel's rating; the rising scent from the rating downgrade is political, but it is the scent of fear of uncertainty. ....

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Bank Hapoalim cautions against overoptimism in economic recovery

Following last week's release of positive economic indicators, Bank Hapoalim has issued a cautionary note to investors and policymakers. ....

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