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Pictures | Thu Jan 27, 2011 | 12:16pm EST

S&P cuts Japan sovereign rating

<p>Japanese 10,000 yen notes are spread out at Interbank Inc. money exchange in Tokyo, in this September 9, 2010 file picture illustration. Rating agency Standard &amp; Poor's cut Japan's long-term sovereign debt rating on January 27, 2011, for the first since 2002, saying the country's government lacked a coherent plan to tackle its mounting debt. Picture taken September 9, 2010 REUTERS/Yuriko Nakao/Files</p>

Japanese 10,000 yen notes are spread out at Interbank Inc. money exchange in Tokyo, in this September 9, 2010 file picture illustration. Rating agency Standard & Poor's cut Japan's long-term sovereign debt rating on January 27, 2011, for the...more

Japanese 10,000 yen notes are spread out at Interbank Inc. money exchange in Tokyo, in this September 9, 2010 file picture illustration. Rating agency Standard & Poor's cut Japan's long-term sovereign debt rating on January 27, 2011, for the first since 2002, saying the country's government lacked a coherent plan to tackle its mounting debt. Picture taken September 9, 2010 REUTERS/Yuriko Nakao/Files

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<p>A man is silhouetted as he walks past a board showing various market indices around the world outside a brokerage in Tokyo January 27, 2011. Standard and Poor's Ratings Services lowered its long-term sovereign credit rating on Japan to AA-minus from AA, citing worries that Japan's government debt ratios would continue to rise. REUTERS/Kim Kyung-Hoon</p>

A man is silhouetted as he walks past a board showing various market indices around the world outside a brokerage in Tokyo January 27, 2011. Standard and Poor's Ratings Services lowered its long-term sovereign credit rating on Japan to AA-minus from...more

A man is silhouetted as he walks past a board showing various market indices around the world outside a brokerage in Tokyo January 27, 2011. Standard and Poor's Ratings Services lowered its long-term sovereign credit rating on Japan to AA-minus from AA, citing worries that Japan's government debt ratios would continue to rise. REUTERS/Kim Kyung-Hoon

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