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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.
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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.
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Are Jews Fools to Consider Forgiving Kanye West?
Ye, formerly known as Kanye West. Photo: BANG Showbiz via Reuters Connect
Kanye West’s advertisement apologizing to Jews in The Wall Street Journal, which was not a good choice of publication, as it plays into stereotypes of Jews controlling money, has raised an important question at a time when many Jews feel desperate in the wake of rising antisemitism:
Should Jews forgive Kanye?
The conventional wisdom would be not to. In October 2022, he tweeted that he was going to go “death con 3 on Jewish people” and sadly opened a Pandora’s box, where it was cool to be antisemitic. This, of course, was before the attacks of October 7, 2023, and set up a prelude to podcasters blaming Israel for all the world’s ills, and saying that “it shouldn’t be forbidden to criticize Israel” (which, of course, it isn’t).
West is addicted to attention, and his outspoken hatred of Jews clearly gave him that. There are also people who claimed that West hated Jews because he blamed them for his break-up with Kim Kardashian.
But Jews cannot react out of fear or appeasement, and I am embarrassed for some Jewish influencers online who posted that Kanye should be forgiven. Mental illness or not, Kanye West has done incredible damage to the Jewish community.
His song “Heil Hitler” was one of the worst things I’ve seen. He also offended the Black community by psychotically saying that “slavery was a choice.”
Would his followers who say that Hitler was right suddenly flip if Kanye did? It’s hard to say. They might claim that Jews or Israel paid West to change his position.
I’ve also seen some people say that they believe West is sincere. But in life, one shows sincerity by actions, not by words. The question of forgiveness should not even be addressed until West takes some actions that show he means business.
Here are a few things he could do to show contrition:
1. Tell Candace Owens to Chill
Owens has fallen off the deep end, obsessing over Israel, possibly due to her anger of being fired by The Daily Wire. West should call for her to apologize, and stop blaming Israel for everything from the Charlie Kirk murder to the assassination of JFK. West would be helping to stop antisemitism, and also helping Owens, who he says is a friend.
2. Tell Tucker Carlson to Start Acting Like an American
Carlson is head over heels in love with Qatar and Russia, and hates Israel. Perhaps West could also remind Carlson that Winston Churchill was a good guy, not a villain, and that Carlson should stop demonizing Israel.
3. Rebuke Nick Fuentes
Fuentes, a young antisemite growing in popularity, wants to be West’s friend. West should tell Fuentes that he should be a man and stop blaming all the world’s problems on Israel, as if the Jewish State controls the universe — which it does not.
4. Go to Israel and Have Discussions with Jews of Color
Due to the myth of Israel being the “white colonizer,” many are unaware there are Jews of color. When you count Arabic Jews in the fold, more than half of Israel would be considered “diverse” by US standards. Unfortunately, these Jews are not given enough screen time on news shows and debates, and it would be educational for the world to see the truth.
5. Create a Music Video Where He Mocks Antisemitism
In a video with Jewish artists, West can show that antisemitism is neither cool nor strong, and the sign of a weak person who seeks to scapegoat a small minority in order to feel powerful.
6. West Should Study Judaism with a Group of Rabbis for a Set Period of Time
This would show the beginnings of contrition.
All in all, it is foolish to immediately say that West should be forgiven, and it is a sign of people who live in fear or simply want attention or hope that West actually is sincere. But as the automated New York City subway message reminds us, we need to see something before we say something.
The author is a writer based in New York.
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Prominent British LGBTQ activist arrested for carrying ‘globalize the intifada’ sign in London
(JTA) — British LGBTQ activist Peter Tatchell was arrested for holding a sign with the phrase “globalize the intifada” at a pro-Palestinian march in London on Saturday.
Tatchell’s arrest comes weeks after the police in London announced that they would arrest pro-Palestinian protesters who chant “globalize the intifada.” While the common pro-Palestinian phrase is defended by its supporters as a rallying call to expand international pressure on Israel, critics say it amounts to a call for violence against Jews.
The policy change came in the wake of the attack on a Hanukkah celebration in Sydney that killed 15. It followed other efforts by the British government to tighten limits on what pro-Palestinian protesters can say and do, including a ban on the activist group Palestine Action that has made any show of support illegal.
Tatchell, 74, who is known as one of England’s most prominent gay rights activists, wrote in a post on X that he had “opposed Hamas since it was formed & opposed ALL Islamists (Iran, Hezbollah etc).” But he said the Metropolitan Police’s new policy was an overreach.
“Police are fabricating new laws. There is no legal statute that criminalises ‘intifada,’” wrote Tatchell in a post on X decrying his arrest. “By arresting me, police seem to be reacting to pressure from a foreign regime – Israel – & Netanyahu apologists, to silence public support for Palestinians’ right to resist Israeli occupation.”
The full text of Tatchell’s sign at the rally read “Globalise the intifada: Non-violent resistance. End Israel’s occupation of Gaza & West Bank.” Tatchell said he was detained for 12 hours.
Last May, Tatchell was arrested at another pro-Palestinian protest in London for carrying a sign that read “STOP Israel GENOCIDE! STOP Hamas executions!” He said police had accused him of breaching the peace and that pro-Palestinian protesters had accused him of being a pro-Israel plant because he called out Hamas in addition to Israel.
Thirteen people were arrested on Saturday during the Palestine Coalition protest and one person was arrested from the Stop The Hate UK counter protest, according to London’s Metropolitan Police.
The London protest was not the only pro-Palestinian demonstration this weekend to feature calls for an “intifada.”
A coalition of Jewish groups denounced a rally in Philadelphia on Sunday in which marchers chanted calls for an intifada. According to the groups, one speaker said, “Martyrdom is a commitment, a principle. It gives life to the movement and carries it forward…our task is to identify tangible, precise ways to attack the genocidal Zionist enemy and actually f—ing attack.”
The rally was organized by the Philly Palestine Coalition, which has previously targeted Jewish-owned restaurants in the city.
“This was not a metaphor or abstract political speech,” said the statement from the groups, Jewish Federation of Greater Philadelphia, Anti-Defamation League Philadelphia and American Jewish Committee Philadelphia/Southern NJ. “It was explicit incitement for violence. Such language and imagery are dangerous, antisemitic and unacceptable.”
The post Prominent British LGBTQ activist arrested for carrying ‘globalize the intifada’ sign in London appeared first on The Forward.
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Tu B’Shvat, Conscious Eating, and the Jewish Call to Return
Orange trees in Israel’s northern Galilee region. Photo: פואד מועדי / Wikimedia Commons
Tu B’Shvat, the Jewish New Year for the Trees, is often celebrated simply: fruit on the table, blessings over figs and dates, and a nod to nature in the middle of winter. For those who do things a bit more lavishly, a ceremony or seder is conducted.
But at its core, the holiday of Tu B’Shvat is far more than a seasonal celebration. It is a day that offers a profound Jewish teaching about food, responsibility, and the possibility of return.
To understand that teaching, we have to go back to the very first act of eating in the Torah.
In the Garden of Eden, God gives Adam and Eve permission to eat freely from nearly everything around them. Only one boundary is set: there is one tree that is off limits. When Adam and Eve cross that boundary, the result is a rupture of faith between humans and God, which results in a series of other ruptures between humans and the earth — and humans and themselves.
One of the great Chassidic masters, Rabbi Tzadok HaKohen (1823-1900), suggested that the problem was not simply what they ate, but how they ate: without awareness, without restraint, and without consciousness. They consumed, rather than received.
Five hundred years ago, the kabbalists of Tzfat transformed Tu B’Shvat from a technical agricultural date into a spiritual opportunity. They taught that the world is filled with sparks of holiness, and that our everyday actions, especially eating, can either elevate those sparks or bury them further. This lesson has recently been discussed by the Jerusalem-based educator Sarah Yehuit Schneider.
Eating, in Jewish thought, is never neutral.
When we eat with intention and gratitude, we participate in tikkun olam, repairing the world. When we eat mindlessly, we reenact the mistake of Eve and Adam from the Garden of Eden.
The holiday of Tu B’Shvat invites us to try again.
There is another detail worth noting. The Torah’s first description of the human diet is explicitly plant-based: “I have given you every seed-bearing plant and every fruit-bearing tree; it shall be yours for food.” That diet, which was given in Eden, does not end with humanity’s exile from paradise. For generations to come, until after the great flood in the time of Noah, that diet continued in a world already marked by moral compromise.
On Tu B’Shvat, when Jews sit down to a table of fruit, we are quietly returning to that original vision of eating plant-based food that sustains life without taking it, nourishment that reflects restraint rather than domination.
That idea feels especially urgent today.
Our food choices now affect far more than our own bodies. They shape the treatment of animals, the health of the planet, and the sustainability of our food systems. Eating “without knowing” is something that carries grave consequences, which are all too visible in our society.
To observe conscious eating today means asking hard questions: Who is harmed by this choice? What systems does it support? What kind of world does it help create?
In my work as a rabbi and educator with Jewish Vegan Life, I encounter many Jews grappling with these questions, most of whom possess a desire to align their daily choices with enduring Jewish values of compassion, responsibility, and reverence for life.
Tu B’Shvat reminds us that Judaism does not demand perfection, but it does demand awareness. It teaches that repair is possible, not only through grand gestures, but through daily choices repeated with intention.
Redemption begins when a person makes a choice to eat their meal consciously. This is what the seder on Passover is for and what it reminds us of, and the same holds true for the seder on Tu B’Shvat.
The custom to eat fruits on Tu B’Shvat, the choice to have a seder or ceremony, reminds us of the consciousness that we must approach all of our meals with. On Tu B’Shvat, we are being asked to reconsider how we eat, how we live, and how we might take one small step closer to the world as it was meant to be. It is, after all, according to the Mishna in tractate Rosh Hashanah, one of the four New Years of the Jewish calendar.
Rabbi Akiva Gersh, originally from New York, has been working in the field of Jewish and Israel education for more than 20 years. He lives with his wife, Tamar, and their four kids in Pardes Hanna. He is the Senior Rabbinic Educator at Jewish Vegan Life. https://jewishveganlife.