Nearly 11 months into the war with Hamas, Israel’s economy is struggling as the country’s leaders grind ahead with an offensive in Gaza that shows no signs of ending and threatens to escalate into a wider conflict.
Their credit rating is gonna take another hit. They were explicitly told by the people that come up with those ratings that a war with Hezbollah is going to hurt their score immensely.
Investors are going to try to leave and people will have even less confidence in their bonds.
Their credit rating is gonna take another hit. They were explicitly told by the people that come up with those ratings that a war with Hezbollah is going to hurt their score immensely.
Investors are going to try to leave and people will have even less confidence in their bonds.