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S&P snubs Abenomics by downgrading Japan's credit rating
Published Wed, Sep 16, 2015 · 09:50 PM
Tokyo
JAPAN's Abenomics received an effective slap in the face on Wednesday as rating agency Standard & Poor's downgraded the country's sovereign credit rating by one notch, citing relative lack of progress in reviving economic growth and ending deflation in the world's third largest economy.
The downgrade from double A minus to A plus…
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