US credit rating agency Fitch downgraded Israel a notch on Monday, warning that its ongoing war on Gaza could last “well into 2025” and weigh on economic activity. Fitch lowered Israel’s rating from “A+” to “A”. “The conflict in Gaza could last well into 2025 and there are risks of it broadening to other fronts,” Fitch said in a note. “In addition to human losses, it could result in significant additional military spending, destruction of infrastructure and more sustained damage to economic activity and investment, leading to a further deterioration of Israel’s credit metrics.” Public finances…