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Finance Minister Bezalel Smotrich angrily dismissed the decision. The announcement “reflects a lack of confidence in Israel’s security and national strength, and also a lack of confidence in the righteousness of Israel’s path against its enemies,” he said in a statement from his office.
Why would a Moody's rating take "the righteousness of Israel’s path" into account?
Because it will impact them economically, of course. People are less likely to invest in a country that is at risk of being sanctioned, whether "officially" or via unofficial boycotts.
People working in Israel reported half their workers not showing up because they had been recalled to serve in the army. Stuff like that doesn't help for business.
Your friendly reminder to check BDS targets, globally and in your country.
He should be careful of what he wishes for because if they factored in "the righteousness of israel's path" then the credit rating would be C.
You can lay innumerable crimes against humanity against the capitalists, but they are ice cold sociopaths, not fascists. They are as incapable of hatred of the jewish people or Israel as they are of loving their own children as more than investments with an expectation of return.
Moody's downgraded Israel on the numbers as a result of the global economic pullback caused by the logistical inconvenience of their ongoing genocide, not because of their persecution complex.
Is this....antisemitism?
That word is like, ufo and conspiracy. Doesnt mean shit anymore. Boy cried wolf effect.
womp womp
Moody's is just anti-Israel, I bet they use Arabic numerals in their spreadsheets /s
BDS helps, even if just a little.
No no no.. Moody is Hamas /s
Sorry what did you say Hamas was in a mood? /s