S&P cuts Japan sovereign rating (Reuters)

Reuters - Standard & Poor's cut Japan's credit rating on Thursday for the first time since 2002, saying Tokyo had no plan to deal with its mounting debt, a warning that could rattle other heavily indebted rich countries.

Source: http://us.rd.yahoo.com/dailynews/rss/highestrated/*http://news.yahoo.com/s/nm/us_japan_economy_debt

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