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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.

  • AwesomeLowlanderEnglish
    12•4 months ago

    At the rate Israel’s going, Moody’s about to get their offices raided and employees bombed.

    • @PilferjinxEnglish
      5•4 months ago

      “Mistakes” were made.

  • John RichardEnglish
    11•4 months ago

    When Moody’s is doing more to prevent de-escalation than the current Democratic President 🤷‍♂️

    • @ceiphasEnglish
      11•4 months ago

      You mean “to deescalate”, right? Double negative, you know…

      • John RichardEnglish
        3•4 months ago

        It was a joke… Israel recently said they were escalating to de-escalate

        • @ceiphasEnglish
          2•4 months ago

          oh, i didn’t get that…