International

Title: Netanyahu's Advisor: Markets Ignore Moody's Downgrade of Israel

Title: Netanyahu's Advisor: Markets Ignore Moody's Downgrade of Israel

The chief economic advisor to Israeli Prime Minister Benjamin Netanyahu announced that the financial markets' disregard for Moody's downgrade of Israel's credit rating last week demonstrates that investors recognize that the economic struggles faced by Israel due to the war with the Palestinian Islamic Resistance Movement (Hamas) are "only temporary."

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