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What caused Fitch to lower Israel's rating?

"The downgrade to 'A' reflects the impact of the continuation of the war in Gaza, heightened geopolitical risks and military operations on multiple fronts," Fitch stated in its report. The agency projects Israel's budget deficit to reach 7.8% of GDP in 2024, with public debt expected to remain above 70% of GDP in the medium term.

A civility elegy

What better moment than Tisha B'Av – ten months distance from Israel’s contemporary national catastrophe of Tisha B'Av magnitude – to remind oneself of the Biblical warnings against the politics of defamation?

Iran faces stern warning from UK, France, Germany

British Prime Minister Keir Starmer, French President Emmanuel Macron, and German Chancellor Olaf Scholz called "on Iran and its allies to refrain from attacks," emphasizing their agreement with mediators the US, Egypt, and Qatar that there "can be no further delay" in resuming negotiations between Israel and Hamas on a cease-fire and hostage release.

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