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.
Uncategorized
Maine Senate candidates spar over military aid to Israel
(JTA) — Troy Jackson, Maine’s Democratic nominee for the U.S. Senate, said he opposed “giving a blank check” to Israel at a debate on Tuesday, while also linking American military assistance to the killings of Palestinians.
“I didn’t want any more offensive weapons going to murder people in Palestine,” Jackson explained, in a rebuttal to his opponent, Republican incumbent Sen. Susan Collins.
The two candidates were participating in their first general election debate, aired on CBS13 and moderated by news anchor Gregg Lagerquist, without a live audience. Jackson, who holds a narrow lead over Collins, has rattled many members of the Jewish community in recent weeks, as he has intensified anti-Israel rhetoric and made controversial comments to Maine Jews.
A former state lawmaker and union advocate, Jackson secured the Democratic nomination at the end of July in a landslide victory. He won the nomination after the former Democratic nominee, staunch Israel critic Graham Platner, left the race amid a sexual assault allegation, which Platner denies.
Jackson had previously said little publicly about the Israeli-Palestinian conflict, but during the contest to replace Platner, he accused Israel of committing genocide in Gaza and called for an end to U.S. military aid to Israel.
Collins, a five-term senator, has been a staunch supporter of Israel over the past three decades.
Asked by Lagerquist during a lightning round whether the U.S. should increase, decrease or keep military funding for Israel the same, Collins responded that “the current level is good,” adding that she is “a strong supporter.”
Jackson, meanwhile, argued that “it’s kind of unfair to ask that like this,” while also noting that he has the endorsement of J Street, the liberal pro-Israel organization.
After Jackson then declared that the U.S. should not be “giving a blank check” to Israel, Collins accused him of making comments that were “very different” from his past remarks. Jackson denied this claim, while arguing against the supply of more offensive weapons to “murder people.” Calling Israeli Prime Minister Benjamin Netanyahu “a war criminal,” he noted that “Senator Collins likes him.”
Jackson’s remarks came just a week after he apologized to members of the Jewish community for controversial comments he had made in a News Center Maine television interview.
During the interview, he had described the war in Gaza as “a genocide,” adding that “there are people here in Maine that don’t like to use that term only because, you know, they’re Jewish and, you know, what that means to them with the Holocaust.”
Although he did not retract his views on the conflict, he acknowledged that the word genocide “carries particular weight for many Jewish families given the Holocaust – the genocide of six million Jews.”
“In trying to acknowledge that, I misspoke and made a generalization about Jewish Mainers’ views that doesn’t reflect what I meant to say. I apologize for the pain that caused,” he added.
Just before the Democratic nominating convention this past summer, Jackson vowed that he would “never vote in favor of U.S. taxpayer-funded military aid to Israel.”
The Pine Tree State Poll, released by the University of New Hampshire two weeks ago, found that the two candidates were in a statistical tie, with 51% of voters polled favoring Jackson and 47% opting for Collins.
This article originally appeared on JTA.org.
The post Maine Senate candidates spar over military aid to Israel appeared first on The Forward.
Uncategorized
Jewish Haverford students named a professor in their antisemitism lawsuit. Police say he responded by stalking one online.
A religion professor named by Jewish Haverford College students in a recently settled lawsuit against the school was arrested Tuesday after authorities say he used anonymous accounts to harass one of those students online.
According to an indictment unsealed in federal court Tuesday, Haverford professor Guangtian Ha used at least four burner accounts on X to send roughly 50 threatening messages to an unidentified male Jewish student between October 2025 and May 2026.
Ha is charged with one count of cyberstalking, a crime that carries a maximum penalty of five years in prison.
Federal authorities say Ha replied to one of the student’s posts with a picture of the student’s home mailbox and an emoji of a pair of eyes. After the student took security precautions in response to the messages, the professor allegedly commented on them and wrote, “The goyim have woken up, Jew. Run. Flee. Leave.”
Haverford College President Wendy Raymond informed students of the arrest in a letter published on the school website Tuesday, saying Ha had been placed on administrative leave and barred from campus while the case proceeds.
“I am deeply distressed by these allegations and want to state in the plainest of terms that any form of harassment or discrimination based on identity is unacceptable, antithetical to our values, and has no place at Haverford,” Raymond wrote.
Ha, who was on sabbatical this semester, could not be reached for comment. Federal court filings do not identify any legal representation for the defendant.
The arrest comes two months after the liberal arts college, which is located just outside of Philadelphia, settled an antisemitism lawsuit filed by Jewish students.
In that lawsuit, filed in 2024, those students had listed a number of Haverford professors who they said contributed to an antisemitic environment. One of them was Ha, a member of Faculty for Justice in Palestine, who had tweeted from his public account that “the only way to deal with Zionists is to stop talking to them and refuse to let them waste your time.”
He later tweeted — still from his public account — that he knew who at Haverford had been “silent on this genocide or even tacitly support it,” saying, “I will never forgive them. I know their names and I know their faces. Never forgive. No reconciliation.”
The messages Ha allegedly sent from his anonymous accounts were even more threatening. According to the indictment, one read, “Jew, get the f— out of my country.”
Another message allegedly read, “If Jews are so special then they should be placed in special camps and receive special treatments.”
According to an amended civil complaint filed in January 2025, the school took no public action against Ha, who taught courses on Islam and religion in China.
In the settlement, the college’s leaders agreed that Haverford’s policy would bar discrimination specifically against students and employees with Zionist views, as well as those who are Jewish or Israeli, according to Higher Ed Dive.
In addition to his alleged online activity, Ha had co-written an opinion column in the Haverford Clerk, the campus newspaper, in which he downplayed student concerns about antisemitism as “Zionist witch hunts” — arguing instead that pro-Palestinian students faced the brunt of campus discrimination.
“A truly inclusive learning community would necessitate our administration taking a clear and careful stance against this sort of hatred,” he wrote.
The post Jewish Haverford students named a professor in their antisemitism lawsuit. Police say he responded by stalking one online. appeared first on The Forward.
Uncategorized
‘He has repeatedly capitulated to Zionist pressure’: Leftist groups to protest Mamdani on Oct. 7
A raft of pro-Palestinian and democratic socialist groups will protest against New York City Mayor Zohran Mamdani on the three-year anniversary of the Oct. 7 attacks, accusing the mayor of capitulating to pro-Israel pressure since taking office.
More than 20 local organizations, most of them college chapters of Students for Justice in Palestine or Young Democratic Socialists of America, are participating in the event, which will culminate with a rally at City Hall. (Young Democratic Socialists America is the student offshoot of the DSA.)
The groups’ complaints against the mayor include his allowing a law to take effect that allows NYPD to implement security perimeters at places of worship and launching a plan to combat antisemitism that includes funding for Jewish community groups that do not disavow Israel.
“Zohran Mamdani campaigned on promises to the Palestine movement,” the groups said in a caption alongside a poster for the event. “He has betrayed his own alleged values, failing to make those promises a reality. Instead, he has repeatedly capitulated to Zionist pressure.”
The protest comes even as Mamdani, who drew on the support of local progressive groups in his run for office, continues to hammer the Israeli government and Prime Minister Benjamin Netanyahu from City Hall. But the protest — which appears to have split the city’s DSA movement — revealed growing discontent from the far-left with how Mamdani has governed.
It also underscored how uncompromising the left flank of the democratic socialists can be on matters related to Israel.
Why leftist groups are protesting Mamdani
Mamdani rode into office last November on a swell of pro-Palestinian support and democratic socialist organizing power. He rejected many of the pro-Israel norms of New York City campaign trail, including by promising to arrest Netanyahu if he ever visited New York and calling the war in Gaza a genocide.
Since taking office, Mamdani has revoked an anti-BDS executive order signed by his predecessor, Eric Adams, and the city’s previously accepted definition of antisemitism from the International Holocaust Remembrance Alliance. Mamdani also publicly defended pro-Palestinian student protesters detained by U.S. Immigration and Customs Enforcement and opposed the West Bank land sales at local synagogues.
And even in a public appearance conceding he did not have the authority to arrest Netanyahu, Mamdani reiterated his stance that the Israeli premier is a war criminal.
Still, he has tried to court Jewish groups by pledging to address antisemitism through his new multimillion dollar strategy that allocates $6.4 million to community organizations. He has also visited with Jews in all five boroughs to build community relations.
Their criticism of Mamdani for the security perimeter bill reflected disappointment in the mayor for something he couldn’t do much about. The bill, Int. No. 1-B, passed in March with a supermajority, meaning he was unable to veto it. Rather than sign it into law, Mamdani did not take action on it and it became law after 30 days. (He vetoed a separate bill creating a protest buffer zone for schools that had passed with a simple majority.)
The protesting groups argue the bill criminalizes protests against synagogues that host “illegal land sales” of property in the West Bank. Additionally, the chapters take issue with Mamdani’s antisemitism strategy providing security infrastructure to “Zionist synagogues” that hold these sales. The bill provides the same security to all synagogues regardless of their affiliation with Israel.
The online poster for the event states in its caption that Mamdani’s Strategy to Combat Antisemitism provides “funding for Zionist propagandist groups” such as the Jewish Community Relations Council of New York. The council works in partnership with the UJA-Federation of New York to fight against antisemitism and foster support for Israel, including sponsoring tours to the country. Under a Mamdani-created program, JCRC will work with grassroots groups on programs that include education, victim support, data collection and combating online hate.
The mayor’s office declined the Forward’s request for comment. The organizations involved did not immediately respond to inquiries, except for Lehman College Young Democratic Socialists of America which declined.
The post ‘He has repeatedly capitulated to Zionist pressure’: Leftist groups to protest Mamdani on Oct. 7 appeared first on The Forward.
