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Italy credit rating slashed

Italy credit rating slashed
Credit rating agency Moody's has cut Italy's credit rating to Baa2 from A3. The move puts Italy's rating two notches above 'junk' status. In another potentially worrying sign for the world economy, China's economic growth has slowed to 7.6%. However economists are predicting a rebound in the second half of this year.

Green Box: Italy credit rating slashedClick to open

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