S&P lowers Israel's ratings from A+ to A amid heightened security risks

By [e]Eran Lahav

JERUSALEM, Oct. 2 (Xinhua) -- Credit rating agency Standard & Poor's (S&P) has downgraded the Israeli government's credit rating to A from A+, with the outlook remaining "negative," the Israeli Finance Ministry said in a statement on Wednesday.

This marks the second time this year that S&P has lowered Israel's credit ratings after a downgrade from AA- to A+ in April.

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