Qatar's isolation has disrupted trade and forced the country to open new trade routes to import food ©123RF
Qatar's isolation has disrupted trade and forced the country to open new trade routes to import food ©123RF

Businessman to fly cows to Qatar to beat blockade

13 June 2017

Fitch Ratings has put Qatar on negative credit watch, following a diplomatic crisis with the country’s major Gulf allies.

Citing the possibility of a “sustained” political crisis, Fitch said it was placing Qatar’s investment grade AA status on credit watch, a week after six Middle East states, led by Saudi Arabia, announced they were severing diplomatic ties with the country over Doha’s alleged support for terror groups.

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