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Moody’s lowers Israel’s credit rating, downgrades outlook from ‘stable’ to ‘negative’ amid war
Add ToI as a Preferred Source on GoogleJacob Magid is The Times of Israel's US bureau chief
A sign for credit agency Moody's, on August 13, 2010, in New York. (AP/ Mark Lennihan)
The US rating agency Moody’s announces that it has dropped Israel’s credit rating from A1 to A2 and has also downgraded the rating of its outlook for the future from “stable” to “negative,” as the war in Gaza enters its fifth month.
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