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S&P Global lowers Israel's outlook from stable to negative
Since the conflict began on October 7th Israel has entered what analysts would term a 'wartime economy'. It's increasing military spending and redirecting employment into the arms industry. But Israel's declaration of war on Gaza has had far-reaching impacts on market perceptions about its economy and the possibility of a spill over in the region - with its benchmark index TA-35 dropping below the 1600 level for the first time since March 2021. Emre Boz has more.
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