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07-16-2009
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,505
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Fitch downgrades outlook for NZ sovereign rating
Credit rating agency Fitch has downgraded the outlook for New Zealand's AA+ sovereign credit rating to negative from stable and has warned that severe economic imbalances mean the government should dramatically tighten its purse strings.The...
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