MOODY MAY DOWNGRADE ITALY NEXT MONTH

ankfurt am Main, September 16, 2011 -- Moody's Investors Service is continuing its review for possible downgrade of Italy's Aa2 local and foreign currency government bond ratings.

RATINGS RATIONALE

Moody's initially placed Italy's bond ratings on review for possible downgrade on 17 June 2011. The main drivers that prompted the rating review are:

(1) Economic growth challenges due to macroeconomic structural weaknesses and a likely rise in interest rates over time;

(2) Implementation risks surrounding the fiscal consolidation plans that are required to reduce Italy's stock of debt and keep it at affordable levels; and

(3) Risks posed by changing funding conditions for European sovereigns with high levels of debt.

In light of the increasingly challenging economic and financial environment and fluid political developments in the euro area, Moody's is continuing to evaluate Italy's local and foreign currency bond ratings in the context of the risks identified. Moody's will strive to conclude the review within the next month.

http://www.zerohedge.com/news/moodys-continues-review-italys-aa2-ratings-possible-downgrade-conclude-review-within-next-month

BANKRUPCTY FOR COUNRIES? YEAH RIGHT

http://www.godlikeproductions.com/forum1/message1634142/pg1#26987999

financial doom all over the place!

LOTS OF SIGNAL OF HIGHER AND HIGHER PRICES FOR SILVER AND GOLD SOON


SOME EDITORS ARE SAYING THAT EUROPE IS DOOMED SOON

The clock is ticking. On September 7th… this coming Wednesday… the future of the European Union is at risk. On that day Germany’s highest court will decide on the legality of financial bailouts to other member states. This court ruling – a single bomb set to go off – could ignite a massive chain reaction that would shock global markets and cause massive losses to investors worldwide. The editors of Money Morning have prepared this FREE REPORT for your protection. It will also show you a few easy moves that can turn this potential crisis into sizeable profits.

Money Morning is one of the nation’s foremost investing news sources, with over 650,000 readers. Our mission is to help investors retain their savings and their Dream. That’s why we’re making this exclusive report available for FREE to interested readers.

http://moneymorning.com/ppc/will-the-worlds-markets-crash-on-september-7/?code=X304M901