Bahrain’s got some serious catching up to do | GulfNews.com:
"Bahraini authorities should not miss the chance to turn existing economic challenges into opportunities. The fact that Bahrain suffers from the worst credit ratings among Gulf countries says a great deal about the tasks ahead.
Sadly, major credit ratings agencies have one thing in common — namely in assigning adverse marks for Bahrain. In February, S&P cut Bahrain’s ratings by two notches to BB. Worse, the agency removed its investment grade status, the sole case within the Gulf.
And Moody’s downgraded Bahrain’s sovereign ratings from Ba1 to Ba2."
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