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Report: Moody’s will later today announce downgrade of Israeli credit rating due to war
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A sign for credit agency Moody's, on August 13, 2010, in New York. (AP/ Mark Lennihan)
The US rating agency Moody’s will announce later today that it has downgraded Israel’s credit rating due to the war with Hamas, Channel 12 reports, saying that Israeli efforts to convince the agency against the move at the last minute did not succeed.
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