Skip to comments.Moody’s downgrades Japan credit rating, citing debt
Posted on 12/01/2014 5:34:50 AM PST by WhiskeyX
Moodys downgraded Japans credit rating Monday, citing rising uncertainty over the countrys debt situation and Prime Minister Shinzo Abes faltering efforts to kick-start the worlds No. 3 economy.
The ratings agency said it cut Japans rating by one notch to A1 from Aa3, after the economy sank into recession during the third quarter.
(Excerpt) Read more at japantimes.co.jp ...
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