• Standard & Poor's downgrades sovereign debt ratings of Saudi Arabia, Brazil, Kazakhstan, Bahrain and Oman

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18 febrero 2016

Standard & Poor's downgrades sovereign debt ratings of Saudi Arabia, Brazil, Kazakhstan, Bahrain and Oman

The rating agency Standard & Poor's (S&P) on Wednesday downgraded sovereign debt ratings of Saudi Arabia, Brazil, Kazakhstan, Bahrain and Oman. The agency said that the reason is falling oil prices. Saudi Arabia's rating was lowered to A- stable from A+ negative. Brazil's rating was cut to BB from BB+. Bahrain's rating was downgraded BB from BBB-, Oman's rating to BBB- stable from BBB+ negative, while Kazakhstan's rating to BBB- from BBB negative.

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