Israel in the soup over the American downgrade

Standard & Poor’s downgrades Israel’s U.S. loan guarantees. Standard & Poor’s said ratings for the loan guarantees Israel obtains from the United States dropped commensurately with its downgrading of the U.S. credit rating. The USD 6 billion Israel receives in guarantees dropped from its highest rating of AAA to AA+.Unaffected was S&P’s overall rating for… Read More Israel in the soup over the American downgrade