The rating agency Standard & Poor’s Global lowered Israel’s debt rating by one notch this Friday, from AA- to A+, which still indicates a strong capacity to meet its financial commitments, in the face of “risks increased geopolitics.
“The recent expansion of the confrontation with Iran amplifies the geopolitical risks which were already high for Israel,” specifies the agency by attaching its rating to a negative outlook, meaning that a further lowering of the rating is possible.