Live Update 
From the Liveblog of
Friday, February 9, 2024
From the Liveblog of
Friday, February 9, 2024
Netanyahu on Moody’s downgrade: Economy is strong, credit rating will rise again once we win war
Prime Minister Benjamin Netanyahu speaks during a press conference in Jerusalem on February 7, 2024. (Marc Israel Sellem/Pool/Flash90)
Prime Minister Benjamin Netanyahu issues a rare statement over Shabbat playing down Moody’s decision to lower Israel’s credit rating and downgrade its future outlook, amid the ongoing war against Hamas.
“The Israeli economy is strong. The rating downgrade is not connected to the economy, it is entirely due to the fact that we are in a war,” the premier says.
“The rating will rise back at the moment we win the war — and we will win the war,” he predicts.
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