Response from Standard & Poor’s to an article criticizing our methods

I am writing to set the record straight about an article you recently published about Standard & Poor’s sovereign ratings methodology, and particularly its application to Tunisia, entitled “Standard & Poor’s cuts Tunisia’s rating: limited methodology or bad intentions?”. The article contains numerous factual errors and repeats false allegations against us, several of which I list below.

Weekly Political Review: Protesters Celebrate Martyrs’ Day as the IMF steps to ‘rescue’ Tunisia’s Economy

Tunisia’s Finance Minister Elyes Fakhfakh said last week the government expects to sign a $1.8 billion loan deal with the International Monetary Fund by May. An IMF team arrived in Tunisia for talks on April 8 before another meeting in Washington later this month, Fakhfakh said in an interview at Bloomberg’s Middle East headquarters in Dubai.

“Conservatism for Specific Purposes”, “Revolutionary Fallacy” or What You Will

In our Tunisian post-revolution context, it has become quite the trend to display signs –or symptoms- of being “revolutionary”. The word has grown into an umbrella epithet for those who are “fashionable”, “educated” and “sophisticated”. It has become synonymous with “taste”, “culture”, and the elusive notion of Leftism that has developed in a generally politically-illiterate country; the all-at-once neoliberal-communist-socialist-nationalist-anarchist ideologically elusive Leftism.

The Imrali Promise and the New Middle East Plan

From all appearances, nothing short of the cornerstone for a regional Middle East civil war was laid on Imrali, a Turkish island in the southern region of the Sea of Marmara. Those who do not understand how to read history always fall behind. And those who are not acquainted with Abdullah Ocalan, the Kurdish leader and the message he sent out to his people on March 21, are not in a position to comprehend the depth and the enormity of the threat directed toward the Arab world and Middle East in general that this communication represents.

The Ignored Challenges of the Arab Spring Backbone

The last two years witnessed major changes in the MENA region (Middle East and North Africa), Falling down political regimes and starting liberation process in societies which have been living in decades of dictatorships. Those dictatorships were not only on the macro level, the state, but also on the micro level which is the family and even on the personal level.

Weekly Political Review: New Tunisian government approved, Young man dies after self-immolation

“White smoke” appeared at the Bardo Palace with Tunisia’s new government winning a vote of confidence in the National Constituent Assembly (ANC) this past Wednesday. The creation of a new government came after the assassination of the Leftist opposition leader Chokri Belaid and the resignation of former Prime Minister Hamadi Jebali. The late PM promised to place “country first” by forming a government of technocrats, only to fail and cede his position to his Interior Minister.