.Night attend Tel AvivFitch reduced Israel's credit history rating to 'A' from 'A+' on Monday, presenting worsening geopolitical threats. It continues to keep a damaging outlook." In our sight, the dispute in Gaza can last properly right into 2025 and also ther are dangers of it widening to various other faces," Fitch pointed out in a statement.Fitch assumes Israel to completely raise armed forces costs by near to 1.5% of GDP reviewed to pre-war levels. ----- The bright side is that ratings companies are wrong on pretty much whatever.