Connect with us

Uncategorized

As foreign investors warn over Israel’s future, ratings firm accused of anti-Israel bias says it’s not worried — for now

(JTA) — As much of the financial world increasingly eyes political developments in Israel with concern, a company that specializes in assessing investments based on social responsibility criteria made a special announcement Wednesday in which it declared Israel “a low-risk country.” 

That designation is both a signal to investors that they are unlikely to get entangled in human rights abuses or other scandals if they put their money in Israel, and a reassurance intended for pro-Israel advocates who have accused the company of bias against Israel. 

The announcement from the multibillion-dollar Chicago-based financial research firm Morningstar is the latest entry in a debate about how companies around the world should regard the Israeli-Palestinian conflict. One side says that Israel should be treated as regular Western democracy and the other says that Israel’s treatment of the Palestinians should put the country in the class of authoritarian regimes. 

But another debate about Israel’s investment worthiness has emerged in recent months following the election of a new Israeli government led by Benjamin Netanyahu, whose slim parliamentary majority relies on the support of parties with far-right platforms. 

Netanyahu, who is on trial for corruption, has vowed to overhaul Israel’s judicial system and rein in the independence of the courts. Many financial analysts consider a weakened judiciary a red flag for investors. 

Sarah Wirth, a spokesperson for Morningstar, said that its analysis designating Israel a low-risk country does not yet account for recent developments in Israel.

“Some of the changes developing in Israel may impact their Country Risk Rating once we incorporate them into our analysis,” Wirth wrote in an email to the Jewish Telegraphic Agency in reference to the judicial reform plan. 

The latest warning about Israel’s place in the global economy emerged Friday with the leak of an internal report written by JPMorgan, one of the largest banks in the world. 

The report compared Israel to Poland, which passed a similar judicial reform in 2016 and saw a downgrade to its credit rating, which was a major blow because national credit ratings can either attract or drive away investments from abroad. 

JPMorgan analysts wrote that Israel’s credit rating still “stands comfortably in the investment grade bucket” but that Netanyahu’s plan could cause it to go down.

The report adds to a warning by another Wall Street giant, Goldman Sachs, which said last week that the Israeli shekel could be affected by “growing concern over domestic political developments.”

“The five most recent elections over the past three-year period have had typically limited read-through to financial markets,” Goldman Sachs economist Tadas Gedminas wrote in a report. “This is not to say that the current situation could not have a more meaningful impact this time around, and we will closely monitor ongoing developments.”

Netanyahu has rejected criticism of his judicial plan by saying that the proposed reforms are being misrepresented by his critics and that they would merely bring Israel’s courts in line with courts in other Western countries. The plan would limit the ability of the Supreme Court to rule laws and government actions as unconstitutional, give the government control over the appointments of new judges and end the independence of the position of legal advisor across various government offices, among other measures. 

Netanyahu has also said that regardless of the warnings by analysts, international investors are excited about Israel and eager to acquire equity in Israeli companies. His latest pronouncement came from France where he said he met with 60 local business leaders. 

“What they’re saying about investors running away is nonsense,” Netanyahu said. “We want to increase our investments in Israel.”

Some of Israel’s own business leaders are concerned enough about the country’s direction that they are choosing to decamp. The CEO of tech company Verbit, which was valued at $2 billion in 2021, announced Tuesday that he would leave the country to avoid paying millions in taxes as a protest of the judicial overhaul plan. 

“Over the past few years, I’ve paid tens of millions of dollars in taxes and my company has paid hundreds of millions in taxes,” Verbit CEO Tom Livne said on Israel’s Channel 12. He encouraged others in Israel’s vaunted tech sector to do the same. 

Livne’s announcement comes about a week after two Israeli tech firms, including one that was valued at $3.7 billion in 2021, said they would withdraw assets from Israel for the same reason. 


The post As foreign investors warn over Israel’s future, ratings firm accused of anti-Israel bias says it’s not worried — for now appeared first on Jewish Telegraphic Agency.

Continue Reading

Uncategorized

‘The Art of the Yiddish Monologue’ and other mini-courses in Yiddish

במשך פֿונעם חודש יאַנואַר 2026 וועט ייִוואָ פֿירן די ווײַטערדיקע מיני־קורסן אויף ייִדיש:

• „די קונסט פֿונעם ייִדישן מאָנאָלאָג“, וווּ מע וועט לייענען און אַרומרעדן מאָנאָלאָגן פֿון שלום עליכם, י. לץ פּרץ, דער טונקעלער, ב. קאָוונער, משה נאַדיר, רחל ברכות און יצחק באַשעוויס. מע וועט אויל אַרומרעדן די געשיכטע פֿונעם מאָנאָלאָג אין ייִדישן טעאַטער (שיין בייקער)

• שעפֿעריש שרײַבן, וווּ  מע וועט אויפֿן סמך פֿון ליטעראַטור־מוסטערן באַטראַכטן די וויכטיקע באַשטאַנדטיילן פֿון פּראָזע — שפּראַך, סטיל, דיאַלאָג, געשטאַלט און פּייסאַזש (באָריס סאַנדלער)

• יצחק־לייבוש פּרץ און זײַנע באַציִונגען מיט די נײַ־געבוירענע ייִדישע סאָציאַליסטישע קרײַזן אין משך פֿון די 1890ער יאָרן (עדי מהלאל)

• די גרויסע אַקטריסע אסתּר רחל קאַמינסקאַ, וווּ די סטודענטן וועלן לייענען אירע זכרונות אויף ייִדיש (מיכל יאַשינסקי)

די לידער פֿון דוד האָפֿשטײן, וואָס איז מערקווירדיק צוליב זײַן צונױפֿפֿלעכט פֿון דײַטשישע, רוסישע און אוקראַיִנישע ליטעראַרישע טראַדיציעס מיט תּנכישע און מאָדערנע ייִדישע השפּעות (יודזשין אָרנשטיין)

די ייִוואָ־גדולים אין זייערע אייגענע ווערטער, וווּ מע וועט לייענען די שריפֿטן פֿון א. טשעריקאָװער, מ. װײַנרײַך, י. לעשטשינסקי, י. מאַרק, ש. ניגער, נ. פּרילוצקי, ז. קלמנאָװיטש, ז. רייזען, י. שאַצקי און נ. שטיף (דוד בראַון)

 

The post ‘The Art of the Yiddish Monologue’ and other mini-courses in Yiddish appeared first on The Forward.

Continue Reading

Uncategorized

Suspect at Large in Brown University Shooting that Killed at Least Two, Injured Eight

Police vehicles stand near the site of a mass shooting reported by authorities at Brown University in Providence, Rhode Island, U.S., December 13, 2025. Photo: REUTERS/Taylor Coester

Police in Rhode Island were searching for a suspect in a shooting at Brown University in Providence in which two people died and eight were critically wounded at the Ivy League school, officials said.

Providence Mayor Brett Smiley told a news conference that police were still searching for the shooter, who struck at Brown’s Barus & Holley engineering building, where exams were taking place at the time. Officials said police were looking for a male dressed in black and were scouring local video cameras in the area for footage to get a better description of the suspect.

Smiley said officials could not yet disclose details about the victims, including whether they were students. He lamented the shooting.

“We are a week and a half away from Christmas. And two people died today and another eight are in the hospital,” he said. “So please pray for those families.”

Brown is on College Hill in Providence, Rhode Island‘s state capital. The university has hundreds of buildings, including lecture halls, laboratories and dormitories.

President Donald Trump told reporters at the White House that he had been briefed on the situation, which he called “terrible.”

“All we can do right now is pray for the victims and for those that were very badly hurt.”

Compared to many countries, mass shootings in schools, workplaces, and places of worship are more common in the US, which has some of the most permissive gun laws in the developed world. The Gun Violence Archive, which defines mass shootings as any incident in which four or more victims have been shot, has counted 389 of them this year in the US.

Last year the US had more than 500 mass shootings, according to the archive.

Continue Reading

Uncategorized

Rights Groups Condemn Re-Arrest of Nobel Laureate Mohammadi in Iran

Taghi Ramahi, husband of Narges Mohammadi, a jailed Iranian women’s rights advocate, who won the 2023 Nobel Peace Prize, poses with an undated photo of himself and his wife, during an interview at his home in Paris, France, October 6, 2023. Photo: REUTERS/Christian Hartmann

International human rights groups have condemned the re-arrest of Nobel Peace Prize laureate Narges Mohammadi in Iran, with the Nobel committee calling on Iranian authorities to immediately clarify her whereabouts.

Mohammadi’s French lawyer, Chirine Ardakani, said on X that the human rights activist was arrested on Friday after denouncing the suspicious death of lawyer Khosrow Alikordi at his memorial ceremony in the northeastern city of Mashhad.

Mashhad prosecutor Hasan Hematifar told reporters on Saturday that Mohammadi was among 39 people arrested after the ceremony.

Hematifar said she and Alikordi’s brother had made provocative remarks at the event and encouraged those present “to chant ‘norm‑breaking’ slogans” and disturb the peace, the semi-official Tasnim news agency reported.

The prosecutor said Mashhad’s chief of police and another officer received knife wounds when trying to manage the scene.

CALLS FOR RELEASE

The Norwegian Nobel Committee called on Iranian authorities “to immediately clarify Mohammadi’s whereabouts, ensure her safety and integrity, and to release her without conditions.”

The European Union also called for Mohammadi’s release. “The EU urges Iranian authorities to release Ms Mohammadi, taking also into account her fragile health condition, as well as all those unjustly arrested in the exercise of their freedom of expression,” an EU spokesperson said on Saturday.

A video purportedly showing Mohammadi, 53, without the mandatory veil, standing on a car with a microphone and chanting “Long Live Iran” in front of a crowd, has gone viral on social media.

Ardakani said Mohammadi was beaten before her arrest.

Reporters Without Borders said four journalists and other participants were also arrested at the memorial for human rights lawyer Alikordi, who was found dead in his office on December 5.

Authorities gave the cause of his death as a heart attack, but rights groups have called for an investigation into his death.

The US-based Human Rights Activists News Agency said the crowd also chanted “death to the dictator,” a reference to Supreme Leader Ayatollah Ali Khamenei, as well as: “We fight, we die, we accept no humiliation.”

Mohammadi, who received the 2023 Nobel Peace Prize, has spent more than 10 years of her life in prison, most recently from November 2021 when she was charged with “propaganda against the state,” “acting against national security,” and membership of “illegal organizations.”

This year’s Nobel Peace Prize winner, the Venezuelan opposition leader Maria Corina Machado, said on Saturday that the opposition’s campaign in Venezuela was akin to that taking place in Iran.

“In Oslo this week, the world honored the power of conscience. I said to the ‘citizens of the world’ that our struggle is a long march toward freedom. That march is not Venezuelan alone. It is Iranian, it is universal,” she said on X on Saturday.

Continue Reading

Copyright © 2017 - 2023 Jewish Post & News