IMF: Japan’s Debt And Deficit ‘Are Not Sustainable’

Japan’s outstanding debt and fiscal deficit “are not sustainable”, the IMF warned on Wednesday, adding that Tokyo must tackle the issues if it wants to avoid future trouble. Unable to weather the storm? Last month Standard & Poor’s cut Japan’s credit rating one notch to “AA-” from “AA”, saying the government lacked a “coherent strategy” [...] continue reading the breaking news