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BULLETIN: State of Israel Ratings Not Affected By Prime Minister's Serious Illness Jan 06
Standard & Poors, Jan 2006
Abstract
LONDON (Standard & Poor's) Jan. 5, 2006--Standard & Poor's Ratings Services said today that its sovereign credit ratings on the State of Israel (foreign currency A-/Stable/A-1; local currency A+/Stable/A-1) were not affected by Prime Minister Ariel Sharon's serious illness. After suffering a severe stroke yesterday, Mr. Sharon is currently hospitalized and remains in a critical condition. Power has officially been transferred to Deputy Prime Minister Ehud Olmert, who is likely to be acting prime minister until the general election currently scheduled for March 28, 2006. The party recently formed by Mr. Sharon, Kadima, had been leading in opinion polls, but his incapacity makes the election outcome far more uncertain, given that it currently appears unlikely he can return as a...
Companies mentioned in this report are: Israel (State of)
Action: Bulletin
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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