Is Moody's quick downgrade of Egyptian debt a "win" for the agency and investors? It's hard to...

|By:, SA News Editor

Is Moody's quick downgrade of Egyptian debt a "win" for the agency and investors? It's hard to argue with Moody's that Egypt suffers from chronic unemployment, high inflation, and poverty, but protests have been going on for some time and Tunisia fell over 2 weeks ago. Premarket: PCY -0.34%.