Israel’s Outlook Changed to Stable by S&P After Gaza Ceasefire

Shoppers at a fruit and vegetable stall at an outdoor market in Tel Aviv.

Photographer: Kobi Wolf/Bloomberg

S&P Global Ratings revised Israel’s outlook to stable from negative, around a month after the country began a ceasefire with Hamas following a war in Gaza that’s strained its economy.

Israel’s A credit rating was affirmed, according to an S&P statement.