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Moody’s Downgrades Bahrain Long-Term Credit Rating

  Moody’s has recently lowered Bahrain’s long-term issuer rating by two notches to B1, from Ba2, and maintained the “negative” outlook. Before venturing into how this will impact the Bahrain’s economy, we need to understand first what is meant by credit ratings. A credit rating is an assessment of an entity’s ability to pay its […]