The Israeli Minister of Finance reacts to the financial ratings agency Moody's decision to downgrade Israel's credit rating in March 2023.

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The Israeli Minister of Finance reacts to the financial ratings agency Moody's decision to downgrade Israel's credit rating in March 2023. / AP

Israel has long raised money from individual supporters living overseas through a tool called diaspora bonds. This financing tool is part patriotic gift and part investment. Today, we look at how diaspora bonds work and how Israel is making use of them for its war effort.

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