STANDARD AND POOR'S
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IN-DEPTH
Israel's banking crisis
The Israeli banking crisis is driven by banks prioritizing profits over customer needs, exploiting a weak regulatory environment and a lack of competition.
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SAUDI ARABIA
S&P cuts Saudi Arabia credit rating
Standard & Poor’s (S&P) has downgraded its sovereign credit rating for Saudi Arabia.

BUSINESS
S&P downgrades Japan's credit rating
Standard & Poor's rating agency downgrades Japan's sovereign credit rating by one notch to A+ saying that Japan is unable to end deflation.







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