S&P raises its long-term rating on Israel to A-plus, and affirms its rating on the nation's...

|By:, SA News Editor

S&P raises its long-term rating on Israel to A-plus, and affirms its rating on the nation's currency at AA-minus. The ratings agency cited a prosperous economy and debt reduction as positive factors, offset in part by a "sizable" public debt and tense relations with Palestinians.