Qatari Financial Pain From Sanctions Not Severe… Yet

The initial move by the Gulf Cooperation Council (GCC) to cut ties with Qatar is unprecedented, a Moody’s report noted, echoing bank research on the topic. The Moody's report on Qatari sanctions points to modeling where initially pressure won't much be felt, but that eventually changes if a compromise is not found.

As the Qatari government is confronted with a list of terrorists it is alleged to support, and Turkey has pledged troops are on the way to support Qatar, Arab powers in the region have drawn up a “Qatari blacklist,” Reuters reports, which includes the leader of the Muslim Brotherhood, Yusuf Qaradawi. Amid such loud saber rattling, Moody’s looks clearly at the near term and medium...