Moody's downgrades Israel's credit rating from A2 to Baa1, to lowest rating ever
Moody's ratings are intended to give investors a simple gradation system for deciding which securities will be most reliable.
PRIME MINISTER Benjamin Netanyahu and Finance Minister Bezalel Smotrich confer in the Knesset, last week. Moody’s announcement on lowering Israel’s credit rating is viewed by both Netanyahu and Smotrich as politically motivated, the writer notes. (photo credit: YONATAN SINDEL/FLASH90)Updated: 
