Moody’s has lowered Israel’s credit standing for the primary time and forecast a destructive outlook for the financial system.
Huge navy spending and a drop in revenues. Israel is borrowing closely to fund its conflict on Gaza.
And it’s now on monitor to run one in all its widest price range deficits this century.
Frightened in regards to the fiscal and political dangers, Moody’s has lowered Israel’s credit standing for the primary time. The company has additionally forecast a destructive outlook for the financial system.
Israel’s finance minister has slammed the choice as a “political manifesto”. However is it?
Industrial actual property in america is faltering, and banks as far-off as Germany are feeling the ache.
Plus, the four-day workweek.
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