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Qatar downgraded at Fitch with negative outlook on Gulf spat

Qatar's sovereign rating was cut to AA- by Fitch Ratings, which cited little progress toward ending a Saudi Arabia-led embargo of the emirate. Fitch lowered the Gulf state's sovereign long-term debt rating by one notch, putting it on par with Belgium and South Korea. The outlook is negative, the New…

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Click here to read the full story: The Business Times

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