: S&P revises outlook on Israel’s debt to negative, from stable, expects 5% contraction in the economy

<p>S&#38;P Global Ratings late Tuesday revised its outlook on Israel’s sovereign debt to negative, from stable, and reaffirmed the country’s AA- ratings. The Israel-Hamas war “will remain centered in Gaza, but there are risks that it could spread more widely with a more pronounced impact on the economy and security situation in Israel,” S&#38;P said. [&#8230;]</p>
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