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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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Hasan Piker Bashed Gal Gadot in Villainous ‘Variety’ Feature
In case you missed it, The New York Times recently did a fawning profile on popular Twitch streamer Hasan Piker, in which it mentioned, only in passing, that he once said America deserved 9/11. The article didn’t mention that Piker said he supported Hezbollah or that he took every chance to vilify Israel. It didn’t mention that he interviewed someone who he said was a member of the Houthis, only to later say he wasn’t.
Now comes an article in Variety by Tatiana Siegel, who uncritically lets Piker says his statement about 9/11 was about “blowback” and doesn’t push any further, accepting this nonsense that his own words were “weaponized” against him.
Siegel is more interested in writing that Piker is 6’4″, muscular, and plays basketball, instead of writing about how he interviewed a Houthi and vibed with him. Why get into any of that stuff? It’s much more important for Siegel to repeat a line from the Times article, as if it was her own, that Piker could be a possible answer to when the left-wing will find its own Joe Rogan. Maybe if they repeat it, suddenly Piker will be the next Joe Rogan!
Siegel tries to cast Piker as a moderate, because he disagrees with the insane conspiracy theory that Israel killed Charlie Kirk.
Siegel also interviews Taylor Lorenz. Yes Lorenz, the fool who said she felt joy when she heard news of the murder of United Health Care CEO Brian Thompson. Lorenz, who in televised interviews has said she thinks Piker is hot, and says the entire Internet has been weaponized against him. I doubt she’d be so quick to say this if Piker was unattractive.
Of course, Siegel is uncritical of Piker for saying that Amy Schumer should be cancelled, though she at least points out he falsely attributes a statement to Schumer that she never made.
But the kicker is Piker’s disdain for Gal Gadot, who has been a very vocal supporter of Israel. Piker likes his Jews quiet and embarrassed. He calls Gadot a “dogs**t actress” and complains of her normalizing Israel. I don’t remember Piker being a film critic — and of course no one talks about how Piker normalizes antisemitism. Good thing they got a writer with a Jewish-sounding last name to write a puff piece.
As Norman Finkelstein said when speaking about what Zohran Mamdani needed to do to fight off charges of antisemitism (which of course Finkelstein thought were fake) — people like this need to find Jews to do the “dirty work.”
Jewish actress Natalie Portman is okay, according to Piker, because she never served in the IDF. The Jewish actor who plays Superman is fine, because he’s not pro-Israel from what he’s seen. Who’s the Jewish influencer who says which Muslim actors are okay to watch in movies or not?
Oh, that’s right, there is none, as that would be seen as Islamophobic. But Piker gets another free pass to spew his hatred.
The article could not be complete without a little “Jews control the media” implication, as Piker criticizes Bari Weiss because she represents everything he “despises about access journalism.” Of course, Siegel doesn’t bother to mention that Piker got his career from his uncle, Cenk Uygur, founder of the Young Turks, one of the most noteworthy left-wing YouTube channels, for which Piker used to work. And there’s no mention of Weiss’ courage to quit the New York Times to start The Free Press. Because when Jews succeed, it can’t have anything to do with merit — it must be that they all help each other!
The writer could have asked about the Piker controversy surrounding his dog for which he’s received immense criticism, but I wasn’t shocked she didn’t mention it. That might get in the way of him being the next Joe Rogan!
The article ends with Piker saying he doesn’t have bodyguards, citing Fidel Castro who claimed to have a moral vest.
The article is good for only one thing — pointing out how much the media hates the Jews.
The author is a writer based in New York.
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After Mamdani’s Win, What’s Next for ‘Globalize the Intifada’?
US Rep. Ilhan Omar (D-MN) speaks at a press conference with activists calling for a ceasefire in Gaza in front of the Capitol in Washington, DC, Dec. 14, 2023. Photo: Annabelle Gordon / CNP/Sipa USA via Reuters Connect
Minnesota Democratic Congresswoman Ilhan Omar skipped spending time with her constituents and instead opted to use the recent 43-day government shutdown to meet with Malcolm Jallow, a virulent Jew-hating Minister of the Swedish Parliament.
Last week, Jallow posted a picture on his Instagram page of himself posing with Omar, and also anti-Zionist political commentator Mehdi Hassan.
Omar appears beaming while cozying up to Jallow, who is donning a keffiyeh-like scarf with an image depicting the complete erasure of Israel and a Palestinian State as its replacement.
In his lengthy Instagram post, Jallow gushed over his time with Omar and Hassan, writing that “every time we come together, sharing experiences, strategies and visions, we are not just building movements, we are building the future.”
The Congresswoman’s choice to meet with a radical antisemite like Jallow reflects a deliberate choice by the antisemitic politician to leverage radical Democrat Zohran Mamdani’s New York City mayoral victory earlier that week and assist in accelerating the anti-Jewish animus streaming through the Western world.
Mamdani’s success gifts Omar the political cover to learn from and replicate the Gambian-born Jallow’s success in eroding Sweden’s historic reputation as a safe and peaceful country.
Less than a week following the hard left capture of New York City, Omar’s gleeful appearance before a picture showing the elimination of Israel also serves as an ominous warning that open hostility toward Israel is no longer viewed as a political liability within the Democratic Party orbit.
In fact, it’s a position that may now be considered an asset.
The anti-Israel Council on American-Islamic Relations (CAIR) recently boasted that it secured a “record-breaking 42 election wins.”
Armed with its Political Action Committee (PAC), the Unity and Justice Fund, the Muslim-Brotherhood aligned group, which blamed Israel for the October 7 massacre, is helping usher a new cohort of radical ideologues into the American political system.
Mamdani’s fiery address to supporters following his win was empty of humility and lacked patriotism. The word “America” was not mentioned once. For her part, Omar devotes most of her time extolling the virtues of multiculturalism and embracing a radical agenda that is not in line with the vast majority of Americans.
Despite the two Muslim foreign-born policymakers attaining extraordinary professional success, their behavior seethes with contempt for their adopted homeland. They both espouse a broader, anti-Western civilizational ethos.
Helping drive the antisemitic measures in Congress is Representative Rashida Tlaib (D-MI), who led 20 colleagues in trying to put the US House of Representatives on record last Friday as condemning Israel’s actions as “genocide.”
Mamdani has also pointedly shared that pro-Israel Democrats are not welcome in his coalition. The incoming mayor’s hatred of the Jewish State dictated his only legislative priority while serving in the State Assembly when the young socialist introduced the “Not on our dime!” act, a bill that seeks to revoke the tax-exempt status for pro-Israel charities.
All of these measures only give more power to anti-Israel activists like Linda Sarsour.
The Mamdani surrogate, who has pledged to help remove pro-Israel Democrats from power, is linked to the controversial charity, The Arab American Association of New York (AAANY), a group that’s no doubt eagerly anticipating funding beyond the nearly four million dollars it was granted from New York State and city over a period of seven years, according to the Washington Free Beacon.
The victory of Zohran Mamdani and Omar’s subsequent meeting with Jallow are poignant reminders that “Globalizing the Intifada” need not require bullets or bombs, but can begin with dangerous politicians who gain footholds in American cities. Their crowning achievement will be spreading their influence across our nation, chipping away at America’s place as a safe haven for Jews and all groups, and perhaps ultimately rendering our nation uninhabitable for Jewish Americans.
Irit Tratt is a writer who lives in New York. Follow her on X @Irit_Tratt.
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Growing Danger: Why Iran’s Nuclear Defiance Demands a New Strategy
Navy forces of the Army of the Guardians of the Islamic Revolution commandos and missile boats in Great Prophet IX Maneuver in the general area of Strait of Hormuz, Persian Gulf. Photo: Sayyed Shahab Odin Vajedi/Wikimedia Commons.
The International Atomic Energy Agency (IAEA) confirmed this past week that Iran has not allowed its inspectors access to the nuclear sites bombed by Israeli and American forces in June. This sustained, deliberate obstruction has persisted for five months, rendering the verification of its nuclear material inventories long overdue.
Iran’s action is no mere technical violation; it is the creation of strategic ambiguity. Iran is actively denying the international community the ability to pinpoint the location and status of the 440.9 kilograms of uranium it had enriched to 60 percent purity, a quantity the IAEA itself assesses as potentially sufficient for 10 nuclear bombs if further refined.
The gravest threat is not just the volume of material, but the intentional collapse of verification. By keeping the IAEA blind, Iran ensures that any future military action will carry exponentially higher risks of striking a facility closer to weaponization than previously verifiable. Tehran is deliberately hedging its bets, creating a permanent deterrent shield of uncertainty.
The Synchronized Strike: Nuclear Threat Meets Naval Aggression
This nuclear defiance is not occurring in isolation. It is strategically synchronized with Iran’s kinetic threats in vital waterways.
The seizure of a Marshall Islands–flagged oil tanker in the Strait of Hormuz last week by the Islamic Revolutionary Guards Corps is a clear act of economic and military blackmail. This move directly targets a vessel operated by British and German interests, sending a hostile message to the E3 nations — France, Britain, and Germany — that any diplomatic pressure, like the new anti-Iran resolution they are planning at the IAEA, will be met with immediate, tangible military retaliation in the Persian Gulf.
Iran is attempting to dictate the diplomatic price of its own proliferation. It is leveraging its strategic nuclear advantage and its tactical naval aggression simultaneously. When the E3 countries threaten diplomatic action, Tehran responds not with words but with seized ships. This is an integrated campaign designed to impose asymmetric costs on the West, forcing economic decisions to override security principles.
The Allied Betrayal and the Failure of Pressure
The deepest source of vulnerability lies in the exposure of systemic differences within the allied camp itself. The US Treasury sanctions announced last week exposed a critical failure: entities operating within key allied countries — specifically Turkey — are actively running procurement networks that supply Iran’s ballistic missile and UAV programs.
This exposure is a profound betrayal of the maximum pressure campaign. It proves that, despite diplomatic assurances, allied nations are prioritizing transactional gains over the existential security of the international community. Iran’s ability to exploit the financial systems of NATO members and crucial Gulf partners confirms that the campaign against Tehran is critically compromised by internal sabotage and greed.
This internal compromise is what gives Iran the confidence to engage in its dual-domain aggression. When Turkey insists on maintaining its Russian S-400 system, defying US security mandates, and simultaneously enables Iran’s missile growth, it is acting as a strategic liability, not a partner.
The Mandate for Decisive Action
Israel, with the full backing of the United States, cannot afford to wait for the consensus-driven paralysis of the United Nations. The current diplomatic landscape offers little comfort: Russia and China are actively undermining the US-led stabilization plan for Gaza, and Saudi Arabia is holding normalization hostage to impossible political demands. The enemy is exploiting the West’s focus on internal squabbles.
Iran is at the 10-bomb threshold and actively preventing the verification required to pull it back; Iran is using military seizures to retaliate against diplomatic pressure; and allied nations are enabling Iran’s most destructive weapons programs.
Diplomatic pressure should be immediately paired with credible joint military deterrence in the Strait of Hormuz to secure the free flow of commerce. Furthermore, Washington must enforce strict accountability on its allies, making it clear that funding Iran’s missile program is an act of geopolitical sabotage that will incur severe and immediate penalties.
The window for a diplomatic solution is closing rapidly. If the current trend of non-compliance and synchronized defiance continues, the world will soon have to face the fact that Iran’s pursuit of nuclear capability has crossed the point of no return.

