S&P decision on Israel

International credit rating agency Standard & Poor's has downgraded Israel's long-term credit rating from "A+" to "A" and lowered its outlook to negative.

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S&P DOWNGRADES ISRAEL'S CREDIT RATING

International credit rating agency Standard & Poor's has downgraded Israel's long-term credit rating from "A+" to "A" and lowered its outlook to negative.

REASON: RISKS REGARDING SECURITY AND DEFENSE

The reason for the downgrade of the credit rating is the risks regarding security and defense.