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S&P lowers Lebanon credit ratings due to impasse

Started by staff, March 02, 2008, 08:59:31 AM

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S&P lowers Lebanon credit ratings due to impasse


Beirut - Standard & Poor's Ratings Services lowered its long-term sovereign credit ratings on Lebanon to 'CCC+' with a stable outlook from 'B-' as a result of the political impasse that has raised tensions within Lebanon

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