State’s credit outlook downgradedMoody’s Investors Service says problem is oil and gas no longer pay for state government, forcing Alaska to rely on savings accounts by The Associated Press
A major New York bond rating firm said Aug. 27 that Alaska should reduce the gaping chasm between its income and expenses or expect to pay higher interest rates when it borrows money.
Moody’s Investors Service, one of the two major bond-rating agencies, downgraded the state’s credit outlook from st....
[additional news subjects in this story]
State economy growing Report no surprise to state
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $59 per year.
Subscribers log in here to read the entire newspaper (1998 to 04/21/2012)
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
circulation@PetroleumNews.com --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2011 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
| 
