🇮🇱 📉International rating agency Moody's has downgraded Israel's credit rating by two notches at once - from the previous minimum of A2 to Baa1, another lowest indicator in the country's history.

⚠️For the first time, Israel left Group A and ended up in Group B.

📌Now only three notches separate it from the "junk" level. The loss of the previous three notches and the slide from the traditional A1 to the current Baa1 occurred in just 8 months - from February to September 2024.

🔖The rating and negative outlook reflect Israel's difficult geopolitical position and uncertainty about the ability of its government to manage the economy.

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