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S&P downgrades Israel’s rating to ‘A’

By Thomson Reuters Oct 1, 2024 | 4:43 PM

(Reuters) – S&P downgraded Israel’s long-term ratings to ‘A’ from ‘A+’ on Tuesday, citing heightened security risks given the recent escalation of the country’s conflict with Hezbollah.

(Reporting by Aatrayee Chatterjee in Bengaluru; Editing by Shailesh Kuber)