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"“We believe that the government’s economic revival strategy -- dubbed "Abenomics" --will not be able to reverse this deterioration in the next two to three years,” S&P said in a statement. “Economic support for Japan’s sovereign creditworthiness has continued to weaken.”The yen, which has dropped about 30 percent since Abe came to power in December 2012, was little changed at 120.45 per dollar at 7:39 p.m. in Tokyo."
"“We believe that the government’s economic revival strategy -- dubbed "Abenomics" --will not be able to reverse this deterioration in the next two to three years,” S&P said in a statement. “Economic support for Japan’s sovereign creditworthiness has continued to weaken.”The yen, which has dropped about 30 percent since Abe came to power in December 2012, was little changed at 120.45 per dollar at 7:39 p.m. in Tokyo."
[text] Japan's Debt Ratings Downgraded at S&P - Bloomberg Business
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