Moody's continues a busy week, cutting its rating on Irish debt 5 notches to Baa1. Citing...

|By:, SA News Editor
Moody's continues a busy week, cutting its rating on Irish debt 5 notches to Baa1. Citing worries about the strength of the Irish economy, and the deterioration of the government balance sheet due to its guarantee of bank liabilities, Moody's shows that it too reads the newspapers. Ireland -0.2%.