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(Image from article: "Italy has debt rating cut by S&P")

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Italy has debt rating cut by S&P

Italy has debt rating cut by S&P

Italy's sovereign debt rating cut by Standard & Poor's, the latest move in a deepening and continuing European debt crisis.

 

Japan Debt Outlook Cut to 'Negative' by S&P on Reconstruction

Japan’s sovereign-rating outlook was cut to “negative” by Standard & Poor’s as the nation’s reconstruction needs following last month’s earthquake will likely add to what’s already the world’s biggest debt load.

 

S&P Downgrades Portugal, Greece

Ratings agency Standard & Poor's downgraded two of the euro zone's most troubled member states, citing fears that the pair may have to restructure their debt after 2013.

 

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