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Moody’s puts Kuwait under ‘negative outlook’

Posted on 10 June 2009

From Tradearabia.com: Moody’s Investors Service said on Tuesday it had confirmed Kuwait’s sovereign rating but put the country for the first time under a negative outlook due to a protracted political crisis.

The world’s fourth-largest oil exporter has seen a series of political crises hindering legislation and government plans to diversify its economy……Full Article: Source

 
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