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Fitch writes, "The advancement of certain policies favored by the governing coalition could aggravate strains and influence the sovereign rating."

Bank of Israel head says economy has suffered significant shock in recent months due to proposed sweeping changes to judicial system

Fitch is concerned about Israel’s political turmoil writing, "Israel continues to face high levels of internal social and political tension."

>> the debt trajectory is unsustainable and servicing this debt. it doesn't get better after 2053, we'll put it that way. >> harris: he is the director of congressional budget office and what he is predicting. unless the white house and republicans can cut a deal together america will run out of money to pay the interest on the debt in july. the big headline most media are not reporting, if democrats wild spending continues at the wild clip it is, it will add $$19 trillion to the national debt over the next decade. $3 trillion more than the latest estimate. but it's our money, they don't care....

Markets to this week the yield on italian benchmark bonds hit three point four percent and almost five year high. there is indeed much to discuss and will do that with michael hewson is with c.m.c. markets and joins us now from london michael european commission president john called you can suggest an intern pose agreements like threats to the euro is that a fair comparison. it's not really understates the problem i think if italy if there was an italy crisis it would make greece look like it's a policy i think mr young because rhetoric solely understates the contagion that could result as a ...