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S&P warns of sovereign downgrades linked to debt burden
A day after the World Bank flagged the potential dangers of rising credit exposures in some leading Asian and emerging markets, ratings agency Standard & Poor's (S&P) has warned that a raft of sovereign downgrades in credit ratings could be in the offing.
PHOTO: BLOOMBERG
Tokyo
A DAY after the World Bank flagged the potential dangers of rising credit exposures in some leading Asian and emerging markets, ratings agency Standard & Poor's (S&P) has warned that a raft of sovereign downgrades in credit ratings could be in the offing.
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