Israel's credit rating was downgraded by the international rating company Moody's to 2A, similar to Slovakia, Malta, Lithuania and Poland. Moody's reduced the rating mainly due to the war in Gaza and no horizon for the end of the war and a political settlement - something that leads to political instability.
The support of the USA, Germany and world Jewry was observed by the eyes of Moody's economists from seeing/ShutterStock, Dariusz Gryczka. A downgrade was expected, and perhaps Israel's disappointment is that even after the downgrade, the expectation was reduced to "negative", meaning the possibility of a further downgrade.