Netanyahu dismisses Moody’s outlook for Israel

The fear of Moody’s analysts from public controversy [over the government’s judicial reform] and its influence on Israel’s political and economic stability” is natural for those who do not know the resilience of Israeli society,” Prime Minister Binyamin Netanyahu said. He was responded to Global integrated risk assessment firm Moody’s on Friday affirmed its sovereign credit rating for Israel at “A1” but downgraded the outlook on the Israeli economy to “stable” from its previous status, “positive,” to reflect “ a deterioration of Israel’s governance.”