Local Economy
From Negative to Stable: S&P Adjusts Israel's Outlook
SadaNews - S&P Global Ratings has revised its outlook on Israel from "negative" to "stable" on Friday, November 7th. The agency indicated that the "military de-escalation" resulting from the ceasefire agreement between Israel and the Palestinian Hamas movement has mitigated the severity of immediate security risks. Moreover, the agency maintained Israel's long-term sovereign credit rating at foreign currency at "A/A-1."
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