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Bahrain Seen Needing More Gulf Aid as It’s Downgraded by Fitch
Bahrain received its first downgrade in over two years from Fitch Ratings, which said it will likely “require further Gulf backing” in the medium term as the government’s finances remain under strain. “This may be contingent on Bahrain enacting further fiscal reforms given that Gulf creditors are themselves facing the…
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Click here to read the full story: Yahoo Finance