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ISRAEL AT WAR - DAY 340

Fitch

This photo shows signage for Fitch Ratings, in New York, October 9, 2011. (Henny Ray Abrams/AP)
August 13, 2024, 5:05 am
Fitch downgrades Israel’s credit rating, warning war could last well into 2025
Credit rating agency also keeps outlook negative, meaning further drop possible, says ‘political fractiousness and coalition politics’ risk hampering essential corrective measures
By Reuters and Sharon Wrobel
Illustrative: The entrance to Tel Aviv Stock Exchange, in the center of Tel Aviv, December 25, 2018. (Adam Shuldman/Flash90)
February 17, 2022, 2:34 pm
Fitch affirms Israel’s A+ rating, citing strong 2021 economic performance
Ratings agency says country also faces political uncertainty, noting possible upcoming 2023-2024 budget tussle
By Ricky Ben-David
A general view of TEVA Pharmaceutical Industries in Jerusalem, Israel, October 11, 2013. (Yonatan Sindel/Flash90)
November 7, 2017, 10:12 am
Teva woes deepen as Fitch cuts credit rating to junk
In the longer term Teva may benefit from focusing on innovative and difficult-to-manufacture drugs, Fitch says
By Shoshanna Solomon
Illustrative photo of Israeli shekels. (Sophie Gordon/Flash90)
From the WebNovember 22, 2014, 11:57 am
Fitch downgrades Israeli currency outlook to ‘stable’
Ratings agency cites growing deficit, security issues in its decision, Reuters reports
Illustrative: People watch a board showing price fluctuations at the Tel Aviv stock exchange. (Moshe Shai/FLASH90)
October 1, 2014, 7:05 pm
War or not, Israel’s a great place to invest: Moody’s
Another international ratings agency say that Israel’s economy is a safe, stable place for investors’ money
By David Shamah
Money found in the possession Muhammad Abed, the Israeli lawyer (photo credit: courtesy of Shin Bet)
From the WebMay 25, 2014, 1:32 pm
Fitch affirms Israel’s currency ratings at A, A+
Lapid welcomes decision as ‘further expression of confidence in the Israeli economy’ and his own policies, Globes reports
Illustrative photo of Israeli shekels. (Sophie Gordon/Flash90)
From the WebNovember 30, 2013, 5:56 am
Fitch revises Israel rating outlook to positive
Reuters: Israeli government’s fiscal policies bode well, international credit agency says
Top of the US Capitol building, the seat of Congress, in Washington, DC (photo credit: AP/Jacquelyn Martin/File)
October 16, 2013, 1:12 am
Second rating agency mulls downgrading US credit
Two days ahead of a possible default on nation’s debt, Fitch places US on negative watch
By Christopher S. Rugaber
Illustrative photo of Israeli shekels. (Sophie Gordon/Flash90)
May 2, 2013, 11:54 pm
S&P drops Israel’s credit rating after Lapid suggests raising deficit
Finance minister takes Netanyahu and Fischer by surprise as he declares his new plan for reducing the country’s overdraft
By ToI Staff
An ad for an Egyptian bank in an airport (photo credit: CC BY-SA Barleylegal, Flickr)
March 1, 2013, 12:49 am
Egypt invites IMF to resume loan talks
Cairo says it needs $4.8-billion infusion to revive flaccid economy
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