The world's largest credit rating agency, Standard and Poor's (S&P), announced in its semi-annual report that it is keeping Israel's credit rating unchanged at A+. The company also upgraded its outlook from "negative" to "stable," indicating optimism and a realistic possibility that the rating itself might increase in the future. The agency's report stated that "the outlook upgrade reflects our assumption that the scale of direct military confrontation will remain limited even if tensions between Hamas and Israel persist, and the regional security environment remains fragile."
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