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Turning up the heat qatars Credit Rating is cut amid a growing political crisis. Plus hes cut ties with his Business Empire but a lawsuit claims President Trump is still flouting the us constitution. He has until tomorrow to respond welcome to World Business report. Im sally bundock. Also coming up chinas trade figures surge in may, they are surging, cheering investors but spelling more controversy in the us. Concerns are growing about economic fallout after fellow arab states cut ties with qatar over their links with alleged terrorist groups. Standard and poors has cut their rating, the stock market is down 10 in the currency is at 11 year low. Qatar is a tiny nation but a very important one business terms. It has one of the Worlds Largest reserves of natural gas it has seen exports of its Liquefied Natural Gas or lng soar in recent years. Thats made the state phenomenally wealthy it has built up one of the worlds biggest Sovereign Wealth Funds, worth around 335 billion. Its used that

National security advisorNorth koreaAndaman seaWorld business reportSouth koreaEast coastCredit ratingBusiness empireDonald trumpChina sSally bundockUs constitutionArab statesTerrorist groupsStandard and poor sStock market