ya sudah lah: jepun TURUN PANGKAT … 270111

TOKYO, Jan 27, 2011 (AFP)
Standard and Poor’s on Thursday said it had lowered Japan’s long term sovereign credit ratings to “AA-” from AA, citing the impact of high deficits on the country’s fiscal flexibility in coming years.

“The downgrade reflects our appraisal that Japan’s government debt ratios — already among the highest for rated sovereigns — will continue to rise further than we envisaged before the global economic recession hit the country and will peak only in the mid-2020s,” the ratings agency said.

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