| From Nytimes.com: Bahrain’s plans to diversify its economy and move away from oil dependence could be derailed by the unrest in the island kingdom, say analysts, raising concerns over the future of its financial industry.
“The events of the last week are a blow to Bahrain’s diversification strategy because it creates a reputational problem in the long run,” said Moritz Kraemer, managing director of sovereign ratings for the Middle East, Europe and Africa for Standard and Poor’s, based in Frankfurt...............................................Full Article: Source
|