Moody's downgrades Qatar rating outlook as crisis deepens

ArticleDebt crisisAugust 14, 2017 - 7:29:47 AM

According to Moody's Qatar, which is facing geopolitical tensions with other Gulf countries, is on the verge of economic crisis.

The Moody's rating agency has changed its outlook on Qatar’s credit rating from stable to negative due to political anxiety ahead of the meeting between the Arab states who initiated a diplomatic and economic blockade of the emirate.

Source : RT

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