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In February, Moody’s downgraded Israel’s rating to A2. The upcoming change reflects not only the geopolitical escalation but also Moody’s lack of confidence in the Israeli government’s ability to manage fiscal consolidation and reduce debt.
Credit rating agency Moody’s is set to release an updated rating on Friday which is expected to downgrade Israel’s credit rating to A3, equivalent to an A- rating by other agencies.
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At the rate Israel’s going, Moody’s about to get their offices raided and employees bombed.
“Mistakes” were made.
When Moody’s is doing more to prevent de-escalation than the current Democratic President 🤷♂️
You mean “to deescalate”, right? Double negative, you know…
It was a joke… Israel recently said they were escalating to de-escalate
oh, i didn’t get that…
