Earlier this week, credit rating company Moody’s issued a rare and extremely unusual warning: “Government of Israel: Planned judicial changes could weaken Israel’s institutional strength.” Moody’s move represents a reading of the judicial reform that’s gleaned from the most biased, left-leaning mainstream media in Israel.
On March 1, the Hong Kong Fitch Ratings company affirmed Israel’s Long-Term Foreign-Currency Issuer Default Rating at ‘A+’ with a Stable Outlook. Moody’s has also rated Israel A+ with a positive outlook––and that last part about a positive outlook means Moody’s plans to raise Israel’s credit rating.
Moody’s needs to learn to speak the truth about Israel. Until they pass the test, we give them a failing grade of F!!
Moody’s Ultimatum to Netanyahu: Stop Judicial Reform or Face Diminished Credit Rating, by David Israel/Jewish Press, March 8, 2023