ISRAEL MUST BE STOPPED NOW !, page-5337

  1. gve
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    For the first time in the nation’s history, Moody’s has downgraded Israel’s credit score amid the war in Palestine. . Moody’s cited the war with Hamas as the main reason for downgrading Israel from A1 to A2. Moody’s is now forecasting a negative economic outlook for Israel. “While fighting in Gaza may diminish in intensity or pause, there is currently no agreement to end the hostilities durably and no agreement on a longer-term plan that would fully restore and eventually strengthen security for Israel,” Moody’s noted, as there is no certainty when or how this war will end..
    The Bank of Israel predicts it will cost around 255 billion shekels (~$69,710,245,119.30 USD) to fund the war until 2025, and it believes 13% of GDP will be spent on the conflict.
    The credit agency explained that “ the ongoing military conflict with Hamas, its aftermath and wider consequences materially raise political risk for Israel as well as weaken its executive and legislative institutions and its fiscal strength, for the foreseeable future.”
 
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