Dropping Oil Prices Lead to Drop in Saudi Credit Rating

Saudi Arabia saw its credit rating downgraded Saturday by Moody’s Investors Service because of the slump in world oil prices. In a statement, Moody’s said the downgrade reflects its view that “lower oil prices have led to a material deterioration in Saudi Arabia's credit profile. A combination of lower growth, higher debt levels, and smaller domestic and external buffers leave the Kingdom less well positioned to weather future shocks.” Moody’s noted that Saudi Arabia’s recently...

Read complete article

~	Sri Lanka: UN chief congratulates government on setting up office of missing persons

~	UN agency seeks $421M to support alternatives for refugees, migrants crossing to Europe

~	Libya: UN rights arm sounds alarm for safety of prisoners at imminent risk of torture

~	UN agency seeks $421 to support alternatives for refugees, migrants crossing to Europe

~	UNESCO chief calls for probe into killing of Honduran video journalist in Mexico

~	UN rights group concludes evaluation of Palestinians living under occupation

~	Civilians continue to bear the brunt of Afghanistan's 'ugly war' – UN report

~	Ahead of Sunday's consultation in Venezuela, UN voices concern for demonstrators

~	Faith central to hope and resilience, highlights UN chief, launching initiative to combat atrocities

~	Ahead of Sunday’s consultation in Venezuela, UN voices concern for demonstrators