1. re: Moody's downgrades Italy by two notches
David Fisher, CEO , |
Tel Aviv |
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(07.13.12) |
Reuters, like every other news reporting agency could do better by reporting the meaning of this article.
As an international business loan broker I have to keep current on global economic developments. Reuter's reporting of Moody's downgrading of Italy's government bond serves only to add additional negative fuel into an already blistering economic fire.
The truth is that this downgrade means absolutely nothing. Further, since the global economic cris began, business has no stopped, has it?
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