Stoic Qatar Sees Credit Rating Cut

Fitch Ratings cut Qatar’s credit rating down to AA- on Monday
as the nation’s row with its fellow Gulf states approaches its
90-day mark. “International mediation efforts are still ongoing but
are not showing significant progress,” analysts Krisjanis Krustins
and Jan Friederich said in the Fitch statement, according to the
Financial Express. “In our view, the negotiating positions of Qatar
and the boycotting countries remain far apart.”  A recent
report by Bloomberg pinned Qatar’s economic expansion…

Fitch Ratings cut Qatar’s credit rating down to AA- on Monday
as the nation’s row with its fellow Gulf states approaches its
90-day mark. “International mediation efforts are still ongoing but
are not showing significant progress,” analysts Krisjanis Krustins
and Jan Friederich said in the Fitch statement, according to the
Financial Express. “In our view, the negotiating positions of Qatar
and the boycotting countries remain far apart.”  A recent
report by Bloomberg pinned Qatar’s economic expansion…