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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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UK Prosecutors Try to Reinstate Terrorism Charge Against Kneecap Rapper
Member of Kneecap Liam O’Hanna, also known as Liam Og O hAnnaidh and performing under the name of Mo Chara, speaks to supporters outside Woolwich Crown Court, after a UK court threw out his prosecution for a terrorism offense, in London, Britain, Sept. 26, 2025. Photo: REUTERS/Hannah McKay
British prosecutors sought to reinstate a terrorism charge against a member of Irish rap group Kneecap on Wednesday for displaying a flag of Iran-backed Lebanese terrorist group Hezbollah at a London gig, after a court threw out the case last year.
Liam Óg Ó hAnnaidh, whose stage name is Mo Chara, was accused of having waved the flag of the banned Islamist group Hezbollah during a November 2024 gig.
The charge was thrown out in September after a court ruled it had originally been brought without the permission of the Director of Public Prosecutions and the Attorney General, and also one day outside the six-month statutory limit.
But the Crown Prosecution Service said it would challenge the ruling and its lawyer Paul Jarvis told London’s High Court on Wednesday that permission was only required by the time Ó hAnnaidh first appeared in court, meaning the case can proceed.
Kneecap – known for their politically charged lyrics and anti-Israel activism – have said the case is an attempt to distract from what they described as British complicity in Israel’s so-called “genocide” in Gaza. Israel strongly denies committing a genocide in the coastal territory, where it launched a military campaign against Hamas after the Palestinian terrorist group invaded Israeli territory.
J.J. Ó Dochartaigh, who goes by DJ Próvaí, was in court but Ó hAnnaidh was not required to attend and was not present.
KNEECAP SAYS PROSECUTION A DISTRACTION
Ó hAnnaidh was charged in May with displaying the Hezbollah flag in such a way that aroused reasonable suspicion that he supported the banned group, after footage emerged of him holding the flag on stage while saying “Up Hamas, up Hezbollah.”
Kneecap have previously said the flag was thrown on stage during their performance and that they “do not, and have never, supported Hamas or Hezbollah.”
The group, who rap about Irish identity and support the republican cause of uniting Northern Ireland with the Republic of Ireland, have become increasingly vocal about the war in Gaza, particularly after Ó hAnnaidh was charged in May.
During their performance at June’s Glastonbury Festival in England, Ó hAnnaidh accused Israel of committing war crimes, after Kneecap displayed pro-Palestinian messages during their set at the Coachella Festival in California in April.
Kneecap have since been banned from Hungary and Canada, also canceling a tour of the United States due to a clash with Ó hAnnaidh’s court appearances.
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German-Israel Deal Strengthens Cyber Defense, German Minister Says
A German and Israeli flag fly, on the day Chancellor Friedrich Merz meets with Israeli President Isaac Herzog for talks, in Berlin, Germany, May 12, 2025. Photo: REUTERS/Liesa Johannssen
A new German-Israel agreement aims to counter cyber threats and enhance security infrastructure, German Interior Minister Alexander Dobrindt told parliament on Wednesday.
Dobrindt signed the agreement with Israeli Prime Minister Benjamin Netanyahu in Jerusalem over the weekend.
The collaboration includes the development of a joint “cyber dome” system, an artificial intelligence and cyber innovation center, drone defense cooperation, and improved civilian warning systems.
“We have already had a trusting partnership in the past, which we want to strengthen further,” Dobrindt said. “Israel has extensive experience in cyber defense. We want to benefit from that.”
The German Interior Ministry said on Monday the agreement would extend to protecting energy infrastructure and connected vehicle networks, in addition to enhancing collaboration in civil protection, counter-terrorism, and criminal prosecution.
European countries are facing increasing pressure to fortify their cyber defense systems against sophisticated attacks.
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France Explores Sending Eutelsat Terminals to Iran Amid Internet Blackout
French Minister for Europe and Foreign Affairs Jean-Noel Barrot attends the questions to the government session at the National Assembly in Paris, France, Jan. 13, 2026. Photo: REUTERS/Stephanie Lecocq
France is looking into sending Eutelsat satellite terminals to Iran to help citizens after Iranian authorities imposed a blackout of internet services in a bid to quell the country’s most violent domestic unrest in decades.
“We are exploring all options, and the one you have mentioned is among them,” French Foreign Minister Jean-Noel Barrot said on Wednesday in the lower house after a lawmaker asked whether France would send Eutelsat gear to Iran.
Backed by the French and British governments, Eutelsat owns OneWeb, the only low Earth orbit constellation, or group of satellites, besides Elon Musk’s Starlink.
The satellites are used to beam internet service from space, providing broadband connectivity to businesses, governments, and consumers in underserved areas.
Iranian authorities in recent days have launched a deadly crackdown that has reportedly killed thousands during protests against clerical rule, and imposed a near-complete shutdown of internet service.
Still, some Iranians have managed to connect to Starlink satellite internet service, three people inside the country said.
Even Starlink service appears to be reduced, Alp Toker, founder of internet monitoring group NetBlocks said earlier this week.
Eutelsat declined to comment when asked by Reuters about Barrot’s remarks and its activities in Iran.
Starlink’s more than 9,000 satellites allow higher speeds than Eutelsat‘s fleet of over 600, and its terminals connecting users to the network are cheaper and easier to install.
Eutelsat also provides internet access to Ukraine’s military, which has relied on Starlink to maintain battlefield connectivity throughout the war with Russia.
Independent satellite communications adviser Carlos Placido said OneWeb terminals are bulkier than Starlink’s and easier to jam.
“The sheer scale of the Starlink constellation makes jamming more challenging, though certainly not impossible,” Placido said. “With OneWeb it is much easier to predict which satellite will become online over a given location at a given time.”