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Sovereign Wealth Funds Briefing - Categorized | Market, Performance

S&P cuts Bahrain’s credit ratings amid unrest

Posted on 22 February 2011

From Businessweek.com: An international rating agency is cutting the Bahrain government’s credit ratings because of concerns about political unrest in the small Persian Gulf kingdom. Standard & Poor’s cut the ratings Monday for Bahrain’s long and short-term sovereign credit ratings, as well as those for the island nation’s central bank and the country’s sovereign wealth fund.
All the ratings remain investment grade, but carry negative outlooks, suggesting further downgrades are possible……………………………………….Full Article: Source


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