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Fitch: Geopolitical tensions constrain Middle East outlook.

Asia Africa Intelligence Wire

| June 10, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Israel Business Arena)

Byline: Globes correspondent

Fitch Ratings, the international rating agency, stated that although the end of the war in Iraq has improved regional stability, ongoing geopolitical tensions combined with structural economic weaknesses effectively constrain the economic and credit outlook for the Middle East.

Fitch has today published a special report on the region, entitled "The Middle East Outlook Post-Iraq".

In the report, Fitch says that while the end of the war in Iraq removes the uncertainties associated with a pending conflict, the war on terrorism continues, as does the strategy to combat weapons of mass …

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