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Moody's downgrades debt rating -Japan

By: Yossel in ASIA | Recommend this post (0)
Wed, 24 Aug 11 5:38 AM | 356 view(s)
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Update: 24/08/2011 - Economic crisis - Japan

Moody's downgrades debt rating

Ratings agency Moody's downgraded Japan's sovereign debt rating by one notch from Aa2 to Aa3 Wednesday, citing the "large budget deficits and the build-up in Japanese government debt since the 2009 global recession.

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http://www.france24.com/en/20110824-moodys-downgrades-japan-debt-rating




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