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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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Majority of New York City Jewish Voters Dissatisfied With Mamdani, Poll Shows
New York City Mayor Zohran Mamdani holds a press conference at the New York City Office of Emergency Management, as a major winter storm spreads across a large swath of the United States, in Brooklyn, New York City, US, Jan. 25, 2026. Photo: REUTERS/Bing Guan
A new poll of Jewish voters in New York City points to deep dissatisfaction with Mayor Zohran Mamdani’s leadership, particularly over his handling of rhetoric tied to the Israel-Hamas conflict.
The survey, conducted by Mercury Public Affairs in partnership with The Jewish Majority, sampled 665 Jewish voters who cast ballots in last year’s mayoral election between Feb. 17 and 28. Its findings suggest a growing disconnect between Mamdani and the local Jewish community, building upon an already tense and fraught relationship.
According to the newly released poll, 58 percent of respondents rated Mamdani’s job performance as “fair” or “poor,” including 40 percent who said it was “poor.” Just 32 percent said he was doing an “excellent” or “good” job. The numbers indicate that a clear majority of Jewish voters surveyed are dissatisfied with the direction of the city under the mayor’s leadership.
The survey also highlights sharp concern over Mamdani’s response to the phrase “globalize the intifada,” a slogan widely condemned by pro-Israel advocates as inciting violence against Jews. Sixty-one percent of respondents said the mayor’s refusal to explicitly denounce the phrase has “emboldened pro-Hamas protesters,” reflecting alarm among many Jewish voters about rising antisemitism and public safety.
For many in the community, the issue goes beyond rhetoric. Critics argue that failing to clearly reject language associated with violence risks normalizing extremism at a time when Jewish communities in the US and globally have reported increased threats. New York City has experienced an ongoing surge in antisemitic hate crimes in the two-and-a-half years since Hamas’s Oct. 7, 2023, massacre across southern Israel.
The “glogalize the intifada” slogan, which gained traction at pro-Palestinian protests worldwide amid the Israel–Hamas war in Gaza, has been criticized by many Jewish New Yorkers who associate it with calls for violence against Jewish and Israeli civilians. The term “intifada,” Arabic for “uprising,” is widely known from two bloody periods of sustained Palestinian terrorism against Israelis. Many observers have argued that calls to “globalize the intifada” encourage activists to take up political violence worldwide, especially against the Jewish community and supporters of Israel.
In June 2025, Mamdani defended the phrase by invoking the Warsaw Ghetto Uprising during World War II. In response, the US Holocaust Memorial Museum repudiated the then-mayoral candidate, calling his comments “outrageous and especially offensive to [Holocaust] survivors.”
Mamdani has also faced scrutiny over his handling of issues pertaining to antisemitism and the Jewish community. The Mamdani administration revoked the city’s adoption of the International Holocaust Remembrance Alliance (IHRA) definition of antisemitism when the mayor entered office, arguing that rigid definitions can risk conflating criticism of Israel with antisemitism and may complicate the handling of politically sensitive speech.
IHRA — an intergovernmental organization comprising dozens of countries including the US and Israel — adopted the “working definition” of antisemitism in 2016. Since then, the definition has been widely accepted by Jewish groups and lawmakers across the political spectrum, and it is now used by hundreds of governing institutions, including the US State Department, European Union, and United Nations. Law enforcement also uses it as a tool for matters such as hate-crime investigations and sentencing.
The mayor’s office has also voiced support for divestments from Israeli bonds. The suggestion has received substantial pushback from the city’s business community, noting that the bonds have been a safe, long-standing investment for city pension funds and that financial decisions must be separated from political pressure. City Comptroller Mark Levine recently touted the bonds’ decades-long record of repayment and argued his office’s responsibility was to maximize returns for retirees, not respond to shifting political campaigns.
The poll’s findings align with voting patterns from the most recent mayoral election, in which Mamdani struggled to win broad support among Jewish voters. He received 26 percent of the vote within the group, far behind his chief opponent, former Gov. Andrew Cuomo, who secured 55 percent. Republican candidate Curtis Sliwa received 8 percent.
Observers speculate the numbers could pose a longer-term challenge for Mamdani as he navigates a city with the world’s largest population outside of Israel.
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Molotov Cocktail Attacks Target Jewish Institutions in Argentina in Two Incidents Within a Week
A display in Buenos Aires of pictures and names of victims of the 1994 AMIA bombing, in which 85 people died and hundreds more were wounded. Photo: Reuters/Marcos Brindicci.
Argentine Jews are on edge after Jewish institutions in Buenos Aires were targeted in Molotov cocktail attacks in two separate incidents in less than a week, deepening security concerns within the local Jewish community.
On Sunday, unknown individuals threw a homemade firebomb at the Chabad Lubavitch Jewish Community Center in La Plata, a city in southeastern Buenos Aires, in a brazen attack marking the second within a week.
Local authorities reported no significant material damage or casualties, though the incident has fueled alarm over a broader pattern of violence targeting Jews across the country.
The Buenos Aires Security Ministry and Police Counterterrorism Division have opened an investigation into this latest incident, examining possible links to an attack last week that appears to share a similar modus operandi.
The Delegation of Argentine Israelite Associations (DAIA), the country’s Jewish umbrella organization, strongly condemned this second attack, warning of a disturbing pattern of incidents and calling for an urgent investigation and clear condemnation.
“Violence must be countered through education and by bringing those responsible to justice. When hatred goes unpunished, it escalates, and today it is once again surfacing in tangible acts that cannot be normalized,” DAIA said in a statement.
“There is no room for indifference. Antisemitism is not an isolated incident, it is a threat that demands a firm response, coordinated institutional action, and the strict enforcement of the law,” it continued.
NUEVO ATAQUE ANTISEMITA EN LA PLATA
Una vez másExpresamos nuestro más enérgico repudio frente a un nuevo ataque antisemita ocurrido en la ciudad de La Plata, esta vez contra la sede de Jabad Lubavitch.
Advertimos que la violencia debe ser combatida con educación y con el… pic.twitter.com/h1jrYg56hY
— DAIA (@DAIAArgentina) May 3, 2026
In an alarming earlier attack, the Israelite Literary Center and Max Nordau Library in La Plata was targeted Thursday when unidentified individuals threw a homemade Molotov-type device at the building’s entrance.
Although the device failed to ignite, it shattered the building’s windows and caused some material damage. Fortunately, no fires broke out and no injuries were reported.
The center condemned the attack, pointing to a “growing level of antisemitism nationally and internationally” and warning that such trends are contributing to a broader climate of hostility.
“We cannot separate this episode from the rise in antisemitism and the climate of intolerance that enables expressions of hatred. This compels us to promote, now more than ever, a democratic coexistence based on respect for pluralism,” the statement read.
“These acts do not intimidate us – they strengthen our conviction to continue building culture, critical thinking, and community,” it continued.
In response to these latest attacks, Jewish institutions across the country have strengthened preventive protocols and reinforced internal security and surveillance measures.
La Plata Mayor Julio Alak denounced the attack as an assault on democratic coexistence and pluralistic values, reiterating that the city will firmly uphold mutual respect and reject all forms of hatred.
The DAIA called on authorities to act swiftly, identify those responsible, and apply the full extent of the law, stressing the need for decisive action to prevent further incidents.
“Impunity cannot be an option. This is an expression of hatred that not only harms the Jewish community but also threatens the fundamental values of coexistence, respect, and democracy,” the organization said.
“Every act of antisemitism that goes unpunished sends a message of tolerance toward hatred. Every firm response from authorities is a clear signal that society is unwilling to back down,” it continued. “To ensure these incidents do not happen again, determination, action, and justice are required.”
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Israel Launches Mobile Climate Lab in Kenya to Improve Africa’s Data Collection for Environmental Policy
Israel’s Ambassador to Kenya, Gideon Behar, meets with Cabinet Secretary for Interior and National Security, Kipchumba Murkomen, on March 3, 2026. Photo: Screenshot
Israel’s Ambassador to Kenya has announced an initiative to deploy a mobile climate laboratory to grow data collection in the African nation, an effort to provide real-time information so policymakers can pursue solutions as temperatures continue to rise across the continent.
“There is a huge gap in climate data and climate knowledge in Africa, and the work of this laboratory helps us close this gap,” Gideon Behar said on Saturday while visiting the International Livestock Research Institute (ILRI) site in Kapiti, the current home of the mobile lab. He said that the plan would allow political leaders “to make better policy decisions based on real and accurate science.”
Israel’s Weizmann Institute of Science has spearheaded and operated the project. In December, the institute described the project’s importance, explaining that “Africa’s landscapes are transforming faster than almost anywhere else on earth, yet the continent remains one of the world’s largest blind spots in climate observations.”
The institute said that following a months-long journey around the African continent by sea, the “fully equipped Biosphere–Atmosphere Research Mobile Lab is about to roll onto African soil, launching an ambitious campaign to measure how land-use change is reshaping the region’s carbon, water, and energy cycles.”
ILRI’s Director General Appolinaire Djikeng described the importance of the project for not only Kenya but also the entire African continent.
“We are in a society where we need data to make decisions,” Djikeng said. “The pressure from the climate crisis requires precision. This facility allows us to generate the evidence needed to guide sustainable food production and environmental management.”
Academics leading the research team include Dan Yakir, professor in the Department of Earth and Planetary Sciences, staff scientist Eyal Rotenberg, and post-doctoral researcher Dan Elhanati. Rotenberg said that climate models in Africa today “are not well calibrated because there has been very little measurement. This initiative will provide the data needed to validate and improve those models.”
The mobile unit features more than 30 scientific instruments set to measure carbon exchanges, levels of solar radiation, water usage, and these factors’ impact on changes in vegetation. The lab’s ability to move enables much broader and more diverse data collection in a variety of ecosystems, according to the researchers.
“I’ve been working in this field for 25 years, studying vegetation – atmosphere interactions,” Rotenberg told Kenya’s Capital FM. “Not only how vegetation affects the atmosphere, but how the atmosphere affects vegetation.”
“That is my core motivation — to come to Africa,” he added. “Unlike in Europe, the United States, Japan or China, there is very little measurement here. But climate is global. We must understand it everywhere, especially in Africa.”
Behar — who also serves as Ambassador-Designated to Uganda, Tanzania, Malawi, and Seychelles and Permanent Representative of UNEP and UN HABITAT (UNON) — said “the measurements and scientific work being conducted here will serve the global fight against climate change.”
Rotenberg emphasized, “If vegetation uses most of the water, there is less available for human use … We need to understand that balance.”
The project plans to operate for three years before relocating to Mount Kenya and other regions. Weizmann then plans to expand to Tanzania, South Africa, and other countries.
According to the World Meteorological Organization (WMO) State of the Climate in Africa 2024 report, “extreme weather and climate change are intensifying hunger, insecurity, and displacement across Africa, impacting every facet of socio-economic development.” Depending on the data set, 2024 was either the warmest or second warmest year in Africa on record, and the previous decade was the warmest ever recorded.
WMO Secretary-General Celeste Saulo said the organization’s report “reveals a stark pattern of extreme weather events, with some countries grappling with exceptional flooding caused by excessive rainfall and others enduring persistent droughts and water scarcity.”
The effort in Kenya comes as Israel has expanded efforts in Africa to counter the impacts of climate change and the widespread droughts that have followed.
In February, officials and workers from Somaliland’s National Water Authority arrived in Israel for a course developed to train them on Israeli technology and techniques for water preservation and treatment. The trip came two months following Israel’s recognition of Somaliland, located in the Horn, as an independent, sovereign state.