Qatar boycott puts it at highest risk of downgrade globally: S&P | Reuters:
Qatar is the country at highest risk of being downgraded by S&P Global Ratings as it continues to feel the impact of a boycott by other Arab states, the rating agency said in a research note.
Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transport ties with Qatar last year, accusing it of backing terrorism, a charge which Doha denies.
The move disrupted Qatar’s imports and led to the withdrawal of billions of dollars from Qatari banks by depositors from the four states, hurting the economy.
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