Source Pravda.Ru

Standard & Poor's downgrades Kazakhstan, Bahrain, Oman and even Saudi Arabia

 

International rating agency Standard & Poor's downgraded credit ratings of Kazakhstan, Bahrain and Oman on Monday amid a sharp drop in oil prices, a press release from the agency said. 

Kazakhstan's rating was lowered to "BBB" with a negative outlook from "BBB +". The agency downgraded Bahrain's rating to "BBB-" with a negative outlook from "BBB". Oman's rating was downgraded from "A" to "A-" with a negative outlook.

According to the agency, the average price of North Sea Brent crude oil will make up $55 per barrel in 2015. The price of Brent oil will average $70 per barrel during the next three years, bigness.ru said. 

In addition, the agency also downgraded the credit rating of Saudi Arabia to negative and affirmed it at "AA-", Prime said. 

 

Certainly readers already know that the Prosecutor's Office of Nanterre has ordered that Marine Le Pen, secretary of the Rassemblement National (former FN) and parliamentary to the Assembly, be submitted to psychiatric examination.

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