Bahrain Gets First S&P Downgrade Since 2017 as Debt Woes Persist
NegativeFinancial Markets

- S&P Global Ratings has downgraded Bahrain, marking the first such action since 2017, due to worsening fiscal conditions and increasing debt. This indicates significant economic stress in the Gulf nation.
- The downgrade could impact Bahrain's ability to attract investment and manage its debt, potentially leading to higher borrowing costs and further fiscal challenges.
— via World Pulse Now AI Editorial System
