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Israel’s financial credit downgraded for the second time/Tel Aviv’s economy is in the abyss of collapse

For the second time since the start of the Gaza war, Moody's has downgraded Israel's credit rating by two notches at once.

reported by Mehr News Agency, Moody’s Credit Institution announced in an announcement that the financial credit rating of the Zionist regime has been reduced due to the geopolitical risks caused by the deterioration of this regime’s conflict with Lebanon.

According to Palestine Elium, in a meaningful action, the financial credit of this regime was reduced two at once and it has reached Baa1 from A2.

The Moody’s credit institute’s report on the financial credit of the regime’s financial institutions states that the reason for the downgrade is “increasing geopolitical risks, along with the prospect of a worsening conflict with Hezbollah and an assessment of the occurrence of a long war.” term” is mentioned.

This is the second time this year that Israel has seen its credit rating fall by Moody’s.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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