S&P negative outlook on U.S. credit is a mixed bag for Middle East
| April 22, 2011 | Bahrain, Egypt, Iraq, Kuwait, 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