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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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Anti-Israel Rep. Thomas Massie Trails in Race as New Kentucky Ad Targets Jewish Donor With Rainbow Star of David
US Rep. Thomas Massie (R-KY) leaves a meeting of the House Republican Conference in the US Capitol on Wednesday, June 4, 2025. Photo: Tom Williams/CQ Roll Call/Sipa USA via Reuters Connect
A new poll is signaling growing trouble for US Rep. Thomas Massie in Kentucky’s Republican primary, with Trump-endorsed challenger Ed Gallrein now leading the incumbent congressman 53 percent to 45 percent among likely GOP voters in the state’s 4th Congressional District.
The poll comes as Massie faces intensifying backlash over an advertisement released by a pro-Massie super PAC targeting billionaire Republican donor Paul Singer, a prominent Jewish supporter of pro-Israel causes who has backed efforts to defeat the incumbent.
The ad characterizes Singer as a “pro-trans billionaire” and features a rainbow-colored Star of David behind his image while attacking Gallrein’s allies.
NEW: Take a look at this #KY04 ad called “LGBTQ Mafia” from a PAC affiliated w/ Jan. 6 rioter Derrick Evans.
It depicts Jewish donor Paul Singer with an unexplained rainbow Star of David.
More on this insane, now record-breaking $25 million primary: https://t.co/iT3YN8wYEz pic.twitter.com/0YIRYmaJwL
— Andrew Solender (@AndrewSolender) May 11, 2026
Critics condemned the imagery as antisemitic, arguing it invoked longstanding tropes about Jewish financial influence and used Jewish symbolism in a way designed to inflame cultural resentment. Many social media users accused the ad of crossing a red line at a time when antisemitic incidents in the United States remain elevated following Hamas’s Oct. 7, 2023, massacre across southern Israel.
The Kentucky ad was paid for by Hold the Line PAC — a group backing Massie that is “focused on Religious Liberty, 2A, and Restoring Election Integrity,” according to its website — not Massie’s official campaign.
The race has drawn national attention, with more than $25 million spent on ads, the most ever in a House primary election, according to AdImpact.
Outside groups have poured millions of dollars into the campaign, Because Kentucky’s 4th District is overwhelmingly Republican, the GOP primary is widely expected to determine who will ultimately hold the seat. According to data sourced from the Federal Election Commission (FEC), Massie has only garnered roughly $70,000 from in-state donors, compared to over $1.1 million from out-of-state, a whopping 94 percent of his total donations.
The latest survey showing Massie trailing was conducted on May 12 by Quantus Insights. It marks one of the clearest signs yet that US President Donald Trump’s endorsement may be reshaping the race in Gallrein’s favor. The Kentucky primary has rapidly evolved into one of the most closely watched Republican intraparty battles of the 2026 election cycle, drawing national attention over divisions surrounding Israel, antisemitism, and ideological loyalty within the GOP.
Massie, a libertarian-leaning Republican known for frequently breaking with party leadership, has a long track-record of voting against sending aid to all foreign countries, including Israel. Although he has received substantial criticism over his voting record, Massie has argued that his positions do not reflect an animus against the Jewish state but are reflective of his staunch fiscal conservatism. He has also condemned Israel’s military operations in Gaza and Lebanon, arguing that the Jewish state has targeted civilian infrastructure and should not receive assistance from the US.
Critics contend his voting record and anti-Israel rhetoric have increasingly isolated him from the Republican mainstream, particularly on issues involving Israel and national security. Skeptics also claim that Massie’s criticisms of Israel are devoid of nuance, oftentimes omitting Hamas’s tendency to use human shields, repurpose civilian infrastructure for military purposes, and intercept trucks intended to distribute food.
The race has become a major test of Trump’s continued influence over Republican primaries. Trump has repeatedly criticized Massie in recent months before formally endorsing Gallrein, framing the contest as a battle between party unity and ideological obstructionism.
“We got to get rid of this loser. This guy is bad,” Trump said at a March rally in Hebron, Kentucky. “He’s disloyal to the Republican Party. He’s disloyal to the people of Kentucky, and most importantly, he is disloyal to the United States of America. And he’s got to be voted out of office as soon as possible.”
Gallrein, a retired Navy SEAL officer, has sought to position himself as a firmly pro-Israel conservative aligned with Trump’s “America First” coalition. His campaign has emphasized strong US-Israel relations, expanded security cooperation, and staunch support for the Jewish state following Hamas’s Oct. 7 attack.
Political analysts say the outcome could reverberate far beyond Kentucky, shaping how Republican lawmakers navigate issues surrounding Israel, antisemitism, and loyalty to Trump heading into the 2026 midterm elections.
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Jewish Teens in France Tell US Ambassador About Enduring Antisemitism in Schools
Members of French Cteen chapters meet with United States Ambassador to France Charles Kushner and his wife Seryl on Monday, May 4, 2026. They discussed their experiences with antisemitism and what keeps them motivated. Photo: US Embassy in France
Nine members of the Chabad youth group CTeen France met last week with US Ambassador to France Charles Kushner to discuss their experiences of antisemitism in the years since Hamas’s Oct. 7, 2023, attack on Israel, a massacre which left nearly 1,200 people dead and led to a surge in hate crimes targeting Jews around the world.
Following an invitation, the youth aged 14-18 visited the ambassador’s official residence at rue du Faubourg Saint-Honoré in Paris for a two-hour discussion also attended by Kushner’s wife Seryl. Rabbi Mendy Mottal, CTeen’s director, and his wife Chaya also participated.
One member of the group, 18-year-old Younes, declined when offered a letter from the embassy to explain his absence from school. He explained that he did not want anyone at his school to discover he was Jewish, that only his best friend knew the secret of his true identity.
Another student, Salomé, described living 90 minutes south of Paris in Orléans and not knowing any other Jews in her region until the launch of a CTeen group. “All week at school I’m just waiting for the moment when I can see my Jewish friends,” she told the ambassador.
“These are teens who walk into their public school every morning knowing they may be the only Jew in their classroom,” said Rabbi Mendy Kotlarsky, chairman of CTeen International.
Discussing the meeting on X, Kushner wrote, “I love seeing motivated young leaders! CTeen is developing youth across France and focusing, like me, on countering antisemitism by combatting all forms of hatred in our communities.”
The teenagers received a tour of the ambassador’s residence and enjoyed Kosher refreshments before receiving two gifts: a kippah custom-made for the embassy and an embassy medal.
“These are teens regularly experiencing antisemitism on the front line,” Mottal said. “The ambassador was very moved by them and how they spoke. Frankly, so was I.” He described how Kushner “wanted to know what actually happens in the hallways, what they feel when they walk into a classroom knowing they might be the only Jews in the room.”
Kushner stated during the meeting that he intended the gathering to be the start of his collaborations with the CTeen group and that combating antisemitism in France had become a top priority.
“The fact that the ambassador sits with them, listens to their stories, and acknowledges the weight they carry on their shoulders — that means something profound to these young people,” Kotlarsky said.
The students’ fears align with survey responses from Jews in France and Europe. A 2026 Jewish Agency report found 78 percent of French Jews expressed feelings of fear in their country while 43 percent of European Jews surveyed said they experienced antisemitism in the last year either themselves or through a member of their family.
Last year authorities in France documented 1,320 antisemitic incidents recorded nationwide, a fall of 16 percent from the previous year’s high of 1,570. While Jews make up less than one percent of the French population — totaling 500,000 to amount to Europe’s highest Jewish population — they account for 53 percent of hate crime victims. French officials warned that the numbers were certainly undercounts of the actual number of incidents.
Last month, lawmaker Caroline Yadan put forward legislation to expand penalties for antisemitic speech. Dubbed the “Yadan law,” the proposed measure would ban “implicit” justifications of terrorism, advocacy for obliterating any state recognized by France, and comparing Israel to Nazi Germany. The bill’s supporters chose to withdraw the plan on April 16 after determining they were unlikely to succeed.
The centrist party Ensemble pour la République (EPR) blamed the leftist La France Insoumise (LFI) party for allegedly obstructing the bill’s progression.
In March, Dov Maimon, a senior fellow at the Jewish People Policy Institute, described the ideological dynamics in local French politics today and the threat they posed against the Jewish people.
“On one side, Jean-Luc Mélenchon’s far-left party, La France Insoumise (LFI), which didn’t hold a single seat on any municipal council, has now entered hundreds of councils and captured real cities for the first time,” Maimon wrote. “On the other side, the far right took approximately 40% of the vote and clinched dozens of mayoral races.”
Maimon warned that “the center seems to have collapsed. According to current polls, Mélenchon has a real chance of reaching that final round as the standard-bearer of the left. His political movement has weaponized hostility toward Israel, and his ties to Islamist networks are well-documented.”
In March, French authorities arrested two brothers alleged to have planned an antisemitic terror attack. Investigators found a semi-automatic firearm, a bottle of acid, and an ISIS flag during a traffic stop.
Kushner is the grandson of Holocaust survivors. His son Jared is US President Donald Trump’s son-in-law and serves as the Special Envoy for Peace where he has acted as a key foreign policy negotiator during the ongoing conflict with the Islamic regime in Iran.
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Long Island school district pays $125K to settle lawsuit over erased pro-Palestinian student art
(JTA) — A Long Island school district agreed to pay a $125,000 settlement to a former student whose pro-Palestinian artwork was painted over in a high school parking lot.
The lawsuit stemmed from a September 2024 incident at Half Hollow Hills High School West, which permitted seniors to decorate their campus parking spots. A Muslim-American student, who was a senior at the time, painted a watermelon featuring a keffiyeh pattern alongside her name in Arabic and the phrase “Peace be upon you” on her space.
At the time, protests against the war in Gaza were at a peak, and the watermelon and keffiyeh, the traditional Palestinian headscarf, are both widely used symbols of Palestinian solidarity. The school painted over the artwork after it drew outcry from some Jewish parents in the district, determining that it had run afoul of the district’s rules barring political designs.
“For the school district, neutrality is the single most important issue when it comes to limiting speech,” the Half Hollow Hills School District’s attorney, Jacob Feldman, said at a school board meeting at the time, according to a contemporaneous Newsday report.
The student, who has not been identified publicly, testified at that meeting last year. “I was told by my principal that the watermelon was being interpreted as antisemitic by anonymous adults,” she said, according to the Newsday footage. “I feel deeply offended that the word antisemitic was used to describe a piece of my artwork.”
In March 2025, the New York chapter of the Council on American-Islamic Relations filed a lawsuit on behalf of the student alongside Stoll, Glickman & Bellina LLP, alleging that the district had violated her free speech rights and caused her emotional distress.
“The whitewash of Plaintiff’s pro-Palestinian speech was not to prevent substantial disruption of any school activity or threatened harm to the rights of others, as Half Hollow permitted and even amplified speech on other equally, even more, controversial issues,” the lawsuit stated, according to the Associated Press.
In court filings, Steven Stern, an attorney appointed by the district’s insurance provider, wrote that the watermelon image “symbolized anti-Semitic hate speech,” arguing that the district should be able to dictate art allowed in the parking lot.
“Any student, teacher, or member of the public could have driven into the parking lot and reasonably understood the school was endorsing a political message — or worse, anti-Semitic hate speech — by allowing it,” Stern wrote, according to Newsday.
The settlement, which was approved by the Half Hollow Hills school board at a meeting on April 21, will be paid by the district’s insurance carrier, according to Superintendent John O’Farrell.
In a statement obtained by Newsday, O’Farrell said that students were no longer allowed to paint their parking spaces “following the incident and the disruption it caused.”
The lawsuit was not the first time that the school district had courted controversy over Israel-related issues. Last year, the district drew scrutiny after a study guide distributed to some 10th graders described Zionism as “an example of extreme nationalism,” prompting condemnation from Rep. Elise Stefanik.
Christina John, a staff attorney for the New York chapter of the Council on American-Islamic Relations, which filed the lawsuit alongside Stoll, Glickman & Bellina LLP, welcomed the outcome in a statement.
“This settlement sends a clear message that viewpoint discrimination and the censorship of Palestinian expression cannot be justified under the guise of neutrality,” John said. “No student should be interrogated, silenced, or punished for peacefully expressing their identity or solidarity with oppressed people.”
The post Long Island school district pays $125K to settle lawsuit over erased pro-Palestinian student art appeared first on The Forward.
