Standard & Poor's cut its outlook on Lebanon's long-term sovereign credit rating to negative from stable on Monday, warning that government stability and the currency peg to the dollar could be threatened if unrest in
Syria fuelled further tension.
S&P also downgraded Tunisia to junk status last week, cutting the sovereign by two notches to BB.
Middle East and North African countries have suffered a number of ratings downgrades following political unrest which started in 2011.
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