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Qatar Markets Stabilize After Diplomatic And Trade Rift

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Qatar's financial markets stabilized after a week of losses.The drop in the markets followed the latest diplomatic rift between the oil-rich Gulf nations.Saudi Arabia, the United Arab Emirates, Bahrain and Egypt recently cut diplomatic and transport ties with Qatar a week ago, accusing the nation of supporting terrorism and regional unrest.But Qatar's government has helped shift economic gears in light of disrupted food imports and trade.Factories have been working extra shifts to process more imports for nations outside the Gulf, such as Brazil.Shipping lanes have also been re-routed for container traffic to head through Oman instead of the UAE.http://feeds.reuters.com/~r/reuters/t...http://www.wochit.comThis video was produced by YT Wochit Vote It using http://wochit.com


Qatar financial markets diplomacy trade commerce Saudi Arabia United Arab Emirates Bahrain Egypt UAE Oman Gulf nations terrorism unrest Brazil imports food Persian Gulf
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