Capital Market
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by Ifi Reporter
Category: Capital Market
S&P, a leading international credit rating agency, has announced the downgrading of Israel's credit rating from AA- to A+, with a "negative" outlook. The decision comes amidst escalating tensions between Israel and Iran and the geopolitical challenges the country has been facing since the onset of the conflict. Heightened Risks of Military Conflict with Iran Prompt Downgrade S&P cites the increasing possibility of a more significant and prolonged military conflict with Iran as a key factor behind the downgrade. The agency expresses concerns about the potential impact of such...
Apr 19, 2024