Monday 5 June 2017

REFILE-GCC rift could affect Qatar credit quality via trade, capital flows -Moody's | Reuters

REFILE-GCC rift could affect Qatar credit quality via trade, capital flows -Moody's | Reuters:

"Credit rating agency Moody's Investors Service is concerned that the rift between Qatar and other regional states could have an impact on Qatar's credit outlook, if trade and capital flows are disrupted, a senior Moody's analyst told Reuters on Monday. "There's a high degree of uncertainty. There's not much clarity on what could resolve this spat between Qatar and other GCC countries," Mathias Angonin said in Dubai. "The last tension ended with no credit implications," he said, referring to a row when Saudi Arabia, the United Arab Emirates and Bahrain withdrew their ambassadors from Qatar in March 2014."



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