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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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Remains of last Israeli soldier missing from First Lebanon War’s Sultan Yacoub battle found
(JTA) — The remains of Yehuda Katz, the last Israeli soldier still missing from the 1982 Battle of Sultan Yacoub during the First Lebanon War, have been recovered after 44 years, the Israeli military said Tuesday, bringing to a close one of the country’s longest-running missing soldier cases.
Katz, a 22-year-old tank gunner and yeshiva student who disappeared just 10 days before he was due to complete his military service, was one of three soldiers whose fate was unknown for decades after Israeli forces became trapped by Syrian troops in Lebanon’s Bekaa Valley on June 11, 1982.
Twenty Israeli soldiers were killed and dozens more were wounded in the battle, with six initially listed as missing. Three were later returned or confirmed dead, leaving Katz, Zachary Baumel and Zvi Feldman as the only soldiers whose fate were unknown. The remains of Baumel and Feldman were recovered in separate operations in 2019 and 2025.
Katz’s remains were located during a special overnight operation carried out by the IDF in cooperation with Mossad and based on intelligence obtained in recent months. They were returned to Israel and military representatives informed Katz’s family of the discovery Tuesday morning.
For the soldiers who survived Sultan Yacoub, the news ended a wait that had followed them for much of their lives.
Avi Rath, who fought alongside Katz, said the unresolved fate of his comrade had stayed with him for decades. “The look on the family’s faces stays with you your entire life, a look that says, ‘You didn’t finish the job,’” Rath said in an interview on Tuesday with KAN public radio’s “Kalman Liberman” program. “Thank God, this closes a circle and resolves some of the uncertainty, but there is also great pain. It weighs on our conscience.”
Katz had studied in the Hesder program at Yeshivat Kerem B’Yavneh, combining Torah study with military service. According to the yeshiva, he slept barely four hours a night while immersed in his studies. He had planned to become a rabbi and teach at a yeshiva after completing his military service.
On the night before the battle, Katz gathered fellow soldiers around him and taught them Maimonides’ laws governing the conduct of Jewish soldiers in battle, the yeshiva said on its website. He then led them in singing Psalm 23, including the verse about walking through the valley of the shadow of death.
This article originally appeared on JTA.org.
The post Remains of last Israeli soldier missing from First Lebanon War’s Sultan Yacoub battle found appeared first on The Forward.
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What Florida Senate nominee Angie Nixon has said about Israel and Gaza
Angie Nixon is not the first progressive and outspoken critic of Israel to win a major-party nomination for statewide office. But her upset victory in Florida’s Democratic primary for U.S. Senate makes her the first member of the Democratic Socialists of America to do so.
The milestone comes after a string of victories for DSA-backed insurgents in local and congressional races from New York and New Jersey to Pennsylvania and Colorado since 2025, with criticism of Israel and the war in Gaza being central issues in many of their campaigns.
Nixon did not make Israel the centerpiece of her Senate campaign, which focused heavily on affordability, health care and other economic issues. But on Israel and Gaza, her record puts her broadly in line with the DSA’s approach.
Appearing on Morning Joe the morning after her victory, Nixon called Israeli Prime Minister Benjamin Netanyahu “a war criminal who needs to answer to his crimes” and said she opposed sending Israel U.S. money or weapons “at this moment.”
Nixon will face Republican U.S. Sen. Ashley Moody in November. Moody, who was appointed to the Senate after Marco Rubio became secretary of state, is considered a favorite in a state that shifted toward Republicans in recent elections. A University of North Florida poll released in July showed Moody leading Nixon 50% to 42%.
A state representative from Jacksonville, Nixon said after her victory that her formal ties to the DSA are new. In an interview with The Contrarian on Wednesday, she said she had “just recently joined the DSA because I was asked.”
The affiliation connects Nixon to a national organization that has made Palestinian advocacy a major part of its political identity. The DSA describes Palestinian liberation as an “essential part” of its broader socialist struggle. Its national co-chair, Megan Romer, recently said the group’s goal is “a free Palestine with a capital in Jerusalem,” which she acknowledged could be understood as support for a one-state solution.
The organization has at times enforced that position aggressively even with its own elected officials. In 2021, DSA members debated expelling then-U.S. Rep. Jamaal Bowman, a one-term New York Democrat, after he traveled to Israel with J Street, the liberal pro-Israel advocacy group, met with then-Israeli Prime Minister Naftali Bennett and voted for funding for Israel’s Iron Dome missile-defense system. The national organization ultimately decided against expelling him, while publicly criticizing his actions.
What Nixon has said on Israel and the Palestinians
Long before her upset Senate victory and DSA affiliation, Nixon had become one of the most outspoken critics of Israel in the Florida Legislature.
In November 2023, weeks after the Oct. 7 Hamas attack and the subsequent war in Gaza, Nixon introduced a resolution calling on the Biden administration to push for “an immediate de-escalation and cease-fire in Israel and occupied Palestine.”
The resolution sparked a heated and highly emotional debate in the Florida House, according to the Florida Phoenix. Nixon was largely isolated, with Republicans and members of her own party speaking against the measure and turning their backs on her. Nixon cried as she defended the resolution.
“Many of my colleagues have stated that folks are fearful of another massacre occurring to the Jewish people,” Nixon said. “Well, guess what? A massacre is occurring now.”
The Florida House ultimately rejected it 104-2.
In May 2024, Nixon joined pro-Palestinian protesters at the University of North Florida, telling students she was “in awe” of their generation. She later said she wanted the protesters to know that elected officials supported them and that they were “on the right side of history.”
In the campaign for Senate, her official foreign-policy platform called for ending unconditional U.S. military aid to Israel, which she said had “fueled a genocide in Palestine.” She advocated for ending U.S. support for Israeli settlements and creating a path to Palestinian self-determination through the United Nations Security Council.
Jewish Insider reported that Rick Stark, chair of the Florida Democratic Jewish Caucus, said that during a Zoom meeting with the group, Nixon did not give a clear answer when asked whether Israel has a right to exist as a Jewish state. He also said Nixon was unfamiliar with the meaning of the slogan “from the river to the sea,” but told participants that Palestinian friends had said it was not a call for Israel’s destruction.
Last month, Nixon said in an interview with WMNF Radio that she would have voted for a House amendment to end the $3.3 billion in annual U.S. military aid to Israel. The amendment, introduced by U.S. Rep. Thomas Massie of Kentucky, a fierce critic of Israel who lost his Republican primary in May, received support from 103 of 212 House Democrats.
In an interview on MSNBC’s Morning Joe program Wednesday, the hosts asked Nixon what she would tell Jewish voters concerned about her position on the conflict. “We need to make sure that we’re putting Americans first before we go ahead and start sending money or military aid to any country outside of the U.S.,” Nixon said.
Pressed specifically on whether that meant cutting off all military aid to Israel, Nixon said: “At this time, I believe what’s happening over in Israel and in Palestine is not good for Israelis or Palestinians. And I do not support sending any money or any weapons to Israel at this moment.”
The post What Florida Senate nominee Angie Nixon has said about Israel and Gaza appeared first on The Forward.
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Manhattan Central Synagogue attacker faces federal hate crime charges
(JTA) — The man accused of disrupting Shabbat services at Manhattan’s Central Synagogue last week now faces federal hate crimes charges in addition to the state ones leveled against him immediately after the attack.
“These charges serve as notice that the Department of Justice will intervene to protect the public in the face of antisemitic and racially motivated attacks,” Assistant Attorney General Harmeet K. Dhillon of the Justice Department’s Civil Rights Division said in a statement on Tuesday.
Larry Montes, 46, of the Bronx, New York, was charged with two counts of committing hate crimes, each of which carries a maximum penalty of 10 years in prison, and one count of damage to religious property resulting in bodily injury, which carries a maximum penalty of 20 years in prison.
During the attack last Friday at the Reform synagogue in Manhattan, Montes, who was sitting near the front of the sanctuary, allegedly stood up nine minutes into the service and began shouting, “You know who the f–ck I am.”
Montes then approached the stage of the synagogue and knocked over two ceremonial silver candle sticks, causing them to be damaged, according to the complaint filed by an FBI agent investigating the case.
As the synagogue’s head of security attempted to remove Montes from the sanctuary, he then said “F–ck you people” and “I don’t f–ck with you people” before punching a 63-year-old congregant in the face and knocking her to the ground.
While Montes was handcuffed and arrested in the lobby of the synagogue, he then allegedly told a security guard “F–ck you [n-word]” and headbutted him near his left eye socket.
During his subsequent interview with NYPD officers following his arrest, he allegedly told officers, “F–ck the Jews. … It’s racial” and “I will never affiliate with no filthy f–cking synagogues, either here or in fucking Israel.” Montes allegedly told officers that he had felt disrespected at the service, so he “got up, start[ed] some sh–t, [and] smacked somebody around.”
When asked by NYPD officers why he felt disrespected at the service, Montes allegedly replied, “it’s all a racial thing” and that it was “all religious motivated.” Montes also stated during his post-arrest interview that he identified as Jewish, according to the complaint. Montes’ aunt previously told the New York Post that he was “mentally traumatized because of his desire to belong to that religion [Judaism].”
Montes has been in custody since his arrest immediately after Friday’s attack. He was arraigned that same night and is due in Manhattan Criminal Court on Thursday.
The federal charges come as the attack has sparked widespread condemnation from New York leaders, including Mayor Zohran Mamdani, and spurred a Jewish security watchdog group to call on the NYPD to place more officers in hotspots for potential hate crimes.
This article originally appeared on JTA.org.
The post Manhattan Central Synagogue attacker faces federal hate crime charges appeared first on The Forward.

