Moody's cuts Japan rating, blames politics

TOKYO (Reuters) - Moody's Investors Service cut its rating on Japan's government debt by one notch to Aa3 on Wednesday, blaming a build-up of debt since the 2009 global recession and revolving-door political leadership that has hampered effective economic strategies.<img width='1' height='1' src='http://mf.feeds.reuters.com/c/871/f/415342/s/179e76c4/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://res.feedsportal.com/viral/sendemail2.html?title=Moody%27s+cuts+Japan+rating%2C+blames+politics&link=http%3A%2F%2Fuk.reuters.com%2Farticle%2F2011%2F08%2F24%2Fuk-japan-rating-newsconference-idUKTRE77M8VU20110824%3FfeedType%3DRSS%26feedName%3DtopNews" target="_blank"><img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" /></a></td><td valign='middle'><a href="http://res.feedsportal.com/viral/bookmark.cfm?title=Moody%27s+cuts+Japan+rating%2C+blames+politics&link=http%3A%2F%2Fuk.reuters.com%2Farticle%2F2011%2F08%2F24%2Fuk-japan-rating-newsconference-idUKTRE77M8VU20110824%3FfeedType%3DRSS%26feedName%3DtopNews" target="_blank"><img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" /></a></td></tr></table></div><br/><br/><a href="http://da.feedsportal.com/r/110621896109/u/0/f/415342/c/871/s/179e76c4/kg/268/a2.htm"><img src="http://da.feedsportal.com/r/110621896109/u/0/f/415342/c/871/s/179e76c4/kg/268/a2.img" border="0"/></a> [More]

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