The conflict in Gaza could broaden to other fronts, Fitch Ratings has warned Fitch Ratings downgraded Israel’s long-term credit rating on Tuesday, citing the impact of the war in Gaza. The other main agencies, Moody’s and S&P Global, also cut their credit rating for the Jewish State earlier this year, citing elevated geopolitical risks. Fitch downgraded Israel to ‘A’ from ‘A+’ and kept the outlook at negative, which means a further reduction is possible. “In our view, the conflict [with the Palestinian militant group Hamas] in Gaza could last well into 2025 and there are risks of it broadening to other fronts.
Hence then, the article about third rating agency downgrades israel was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Third rating agency downgrades Israel )