S&P negative outlook on U.S. credit is a mixed bag for Middle East

alifarabia | April 20, 2011 | Macroeconomic Data, Oil, Qatar, Saudi Arabia, UAE | No Comments

Ratings agencies have an uncanny knack of turning up at morgues and pronouncing the death of the deceased, so it should have been no surprise that Standard & Poor’s did the ‘unthinkable’ and downgraded the United States’ long-term outlook to negative from stable. Read More Here

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