PDA

View Full Version : New Zealand Current Account Deficit Widens to Record - Bloomberg



NewsWhore
03-25-2009, 06:20 PM
<img alt="" height="1" width="1">
New Zealand Current Account Deficit Widens to Record (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3Da0I9.2VnFXVo%26refer%3Daustralia&cid=0&ei=Oq_KSb3GDo_G6AOkmbz2Dg&usg=AFQjCNEwcyURMPlQP-m5rl6kgizQFgZYpA)
Bloomberg
13 that it may cut the nation’s AA+ foreign-currency credit rating if the current account gap and rising overseas debt begin to curtail economic growth and investment. “We expect the deficit to keep international investors and rating agencies nervous,” ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3Da0I9.2VnFXVo%26refer%3Daustralia&cid=0&ei=Oq_KSb3GDo_G6AOkmbz2Dg&usg=AFQjCNEwcyURMPlQP-m5rl6kgizQFgZYpA)