Moody's Debt Rating Lower the European Union

JAKARTA, MAKE MONEY BLOG $ - Ratings agency Moody's Investors Service downgraded the long-term debt rating to negative European Union. This reflects the risks faced by Germany, France and the United Kingdom whose earnings reached 45 percent of total revenue in the European region.

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Asian stocks fall back?

MAKE MONEY BLOG$, Hong Kong - Asian stocks fall back this weekend because of new concerns after Moody's cut its ratings 16 Spanish banks, adding to earlier fears of capital flight from the Greek banks.

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