The Standard & Poor’s rating service increased Israel’s credit rating to positive from stable. The service said it made the change because of improvements in the structure of the Israeli economy and in the country’s balance of payments. A higher credit rating is significant because it will reduce Israel’s borrowing costs.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
