S&P Cuts Israel’s Long-term Rating To ‘A’ From ‘A+’
Edited By WION Video Desk
Published: Oct 02, 2024, 06:00 IST | Updated: Oct 02, 2024, 06:00 IST
S&P global ratings has downgraded Israel's long-term sovereign credit rating from 'A+' to 'A', with a negative outlook. The downgrade reflects heightened security risks from the ongoing conflict and rising Defence-related spending.
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