Isranet Daily Briefing
Tuesday, August 22nd 2023 / Thursday, November 2nd 2023
Fitch Affirms Israel at ‘A+’; Outlook Stable: Fitch Ratings, Aug. 14, 2023 — Rating Strengths and Weaknesses: Israel’s ‘A+’ rating balances a diversified, resilient and high value-added economy and strong external finances against a relatively high government debt/GDP ratio, ongoing security risks and a record of unstable governments that has hindered policymaking. ________________________________________________________ Fitch Makes […]
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Analysis
Yoram Ettinger Algemeiner, Aug. 2, 2023 ‘Israel’s defense exports have surged due to the impact of the Russia-Ukraine war upon the demand for advanced Israeli military systems, the substantial increase of Germany’s defense budget, and Sweden and Finland’s decision to join NATO.” According to a July 17, 2023, Bloomberg report, a leading global investment […]
Aharon Katz Globes, Aug. 2, 2023 “When the global forecast improves, Israel will be able to restart its economy. The country’s economy is cooling, inflation is falling, and economic ties in the region are on an improving trend.” Israel’s economic situation seems very unclear. The Knesset has entered its long summer recess, and will […]
Galit Altstein Bloomberg, Aug. 21, 2023 “Fitch’s confidence came with a warning, however, that Israel’s governance indicator scores could be at more risk in case of “a massive change in the way judges are appointed with a very political agenda.” When Fitch Ratings issued an optimistic report on Israel last week, it defied growing conventional wisdom […]
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