Reacting to the cut in Israel's rating from A1 to A2, Minister of Finance Bezalel Smotrich said the agency's announcement contained no serious economic arguments.
Daniel Birnbaum has admitted disclosing privileged information for insider trading and the court has approved a plea bargain deal with the state attorney.
Mine, which develops B2B and B2C solutions in the field of data privacy, and governance, has 150 customers including Reddit, HelloFresh SE, Fender, Guesty, Snappy, and Data.ai.
Analysts say the surprise was not the downgrade but the negative outlook. Israel Business Forum: It's not too late for the government to change budget priorities.
In a major blow to Israel's economy, the international ratings agency has also lowered Israel's outlook to negative, after a review for downgrade initiated after the start of the war.
The Israeli energy company says these acquired assets have collectively generated an annual revenue of $35 million and an EBITDA of $24 million for 2020-2022.