Political unrest in the Middle East detrimental to sovereign credit quality, says S&P report
Political unrest and the resulting economic impact in some countries of the Middle East and North Africa (MENA) are proving detrimental to sovereign credit quality in the region. This is written in the following two reports of Standard & Poor's Ratings Services: "Credit FAQ: Middle East Unrest's Credit Impact: How We Assess The Political And Economic Risks In Sovereign Ratings," and "Report Card: Middle East And North Africa Sovereign Ratings Dip As Political And Fiscal Risks Intensify."
Almost all sovereigns in the region, including wealthy oil-exporting countries, share, to varying degrees, some or many of the political and economic risks that we believe underlie the unrest.
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