S&P warns Japan on debt, affirms AA- rating
TOKYO (Reuters) – Standard & Poor's warned on Monday it could lower Japan's sovereign rating if the economy expands less than expected or if public debt continues to grow, as the country's unpopular government struggles to win support for higher taxes. The ratings agency affirmed its AA- rating on Japan with a negative outlook, but also warned that higher taxes wouldn't solve the structural …
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S&P warns Japan on debt, affirms AA- rating
TOKYO (Reuters) – Standard & Poor's warned on Monday it could lower Japan's sovereign rating if the economy expands less than expected or if public debt continues to grow, as the country's unpopular government struggles to win support for higher taxes. The ratings agency affirmed its AA- rating on Japan with a negative outlook, but also warned that higher taxes wouldn't solve the structural …
Go to Source
Click Here To Check Out This debt Solution
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