Published: Feb 10, 2024, 06:35 IST | Updated: Feb 10, 2024, 06:35 IST
Israel's ongoing war with hamas has led to the country receiving its first-ever sovereign downgrade. Credit rating firm moody's has lowered Israel's rating as the war in Gaza takes a toll on Israel's finances. Israel's sovereign credit rating has been cut by one notch, from a1 to a2.