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Moody's downgrades Bahamas major austerity measures to be taken
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[quote:Anonymous Coward 29503737:MV8yMDg0OTE4XzQzM0U2RjAx] [i]Moody's Investors Service has downgraded the credit rating of the Bahamas a notch, citing the Caribbean country's broad economic difficulties and heavy debt. Moody's now rates the Bahamas at Baa1, three notches into investment grade. The outlook remains negative.[/i] http://online.wsj.com/article/BT-CO-20121214-710146.html This can't be good,what has happened to my great country [/quote]
Original Message
Moody's Investors Service has downgraded the credit rating of the Bahamas a notch, citing the Caribbean country's broad economic difficulties and heavy debt.
Moody's now rates the Bahamas at Baa1, three notches into investment grade. The outlook remains negative.
[
link to online.wsj.com
]
This can't be good,what has happened to my great country
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