All the antisemites that say Israel's days are number have don't know the reality on the ground. Most of the antisemites who say this have never been to Israel, so they have no idea how well the country is doing.
Well the experts know how she is doing and that is why they gave her a A+ credit rating!
Of course the antisemites will say the Jews own S&P or the financial markets and they manipulated it that way! Typical weak response from mental midget (yep PF I am talking to you)!
Well the experts know how she is doing and that is why they gave her a A+ credit rating!
Of course the antisemites will say the Jews own S&P or the financial markets and they manipulated it that way! Typical weak response from mental midget (yep PF I am talking to you)!
S&P upgrades Israel's credit rating - Israel Business, Ynetnews
S&P upgrades Israel's credit rating
Ratings agency cites Israel's 'prosperous and resilient economy, strong institutions, ongoing fiscal consolidation, and robust external performance'
Standard & Poor's has raised Israel's long-term foreign currency credit rating from A to A+.
The ratings agency cited Israel's "prosperous and resilient economy, strong institutions, ongoing fiscal consolidation, and robust external performance."
S&P also praised the country's fiscal leadership for "careful macroeconomic management" and noted anticipated revenues from recently discovered natural gas deposits offshore.
However, S&P also noted the "significant geopolitical risks" faced by Israel.
Finance Minister Yuval Steinitz noted with satisfaction that "this is an honorable accomplishment for the Israeli economy and its successful handling of the global crisis, which has been threatening Western economies for about three years."
According to Steinitz, the accomplishment is particularly impressive in light of the debt crisis and high unemployment rate which have affected the credit rating of many countries worldwide.
Bank of Israel Governor Stanley Fischer welcomed the decision as well, saying that he "praised the government and Treasury for their intention to pursue a responsible budgetary policy."
Israel's economy has weathered the global economic downturn with relative success.
The agency left local currency ratings unchanged at AA-/A-1+.