S&P's Ogawa Says Japan Rating Cut Follows Budget Plan
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S&P's Ogawa Says Japan Rating Cut Follows Budget Plan

Jan. 27 (Bloomberg) -- Takahira Ogawa, director of sovereign ratings at Standard & Poor's, talks about the rating agency's decision to cut Japan's sovereign credit rating for the first time in nine years on concern that Prime Minister Naoto Kan hasn't done enough to curb an $11 trillion debt burden, the world's largest. He speaks with Andrea Catherwood on Bloomberg Television's "The Pulse." (Bloomberg)

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