Fitch puts Israel under ‘ratings watch’ ...News

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A prolonged conflict could result in a significant deterioration of Israel’s credit score, the ratings agency says The US-based credit rating agency Fitch placed Israel’s A+ sovereign credit score on rating watch negative on Tuesday due to geopolitical risks arising from the Gaza conflict. That adverse monitoring reflects the risk that the ongoing conflict may escalate to include multiple actors over a long period. The expansion of hostilities, in addition to human casualties, could prompt significant additional military spending, the destruction of infrastructure, and a sustained change in consumer and investment

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