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S&P could cut Israel s credit rating if conflict expands beyond Gaza : Director

S&P could cut Israel s credit rating if conflict expands beyond Gaza : Director
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S&P could cut Israel s credit rating if conflict expands beyond Gaza - director says

Israel s sovereign credit rating could be cut if the war with Palestinian Islamist group Hamas expands to other fronts, but if this does not happen it should be able to weather the war s economic. -January 29, 2024 at 03:05 am EST - MarketScreener

S&P s Israel rating depends on military and fiscal factors - report

Reuters reports S&P director of EMEA Sovereign & Public Finance Ratings Maxim Rybnikov as putting the chance of a rating downgrade for Israel at "at least a one-in-three" in the next one to two years.

S&P could cut Israel s credit rating if conflict expands beyond Gaza

S&P could cut Israel s credit rating if conflict expands beyond Gaza
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S&P Says Could Cut Israel s Credit Rating if Conflict Expands Beyond Gaza

Israel's sovereign credit rating could be cut if the war with Hamas expands to other fronts, but if this does not happen it should be able to weather the war's economic fallout if it makes needed budget changes to offset higher spending, an S&P Global Ratings director said. S&P in October affirmed Israel's 'AA-' rating but revised Israel's outlook to "negative" from "stable", citing risks that the Israel-Hamas war could spread more widely with a more pronounced impact on the economy and security situation in the country.

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