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FILE - In this Jan. 15, 2020 file photo, people look at the broken facade of Bank of Beirut that was smashed by anti-government protesters in Beirut, Lebanon. Fitch Ratings said Tuesday, Feb. 18, 2020, that Lebanon's financial position points to a likely restructuring of the country's massive debt and financial sector as the Arab nation passes though its worst financial and economic crisis in decades. Fitch Ratings' report comes as Lebanese officials are debating whether to pay back $1.2 billion worth of Eurobonds that will mature on March 9. (AP Photo/Bilal Hussein, File)

Moody's downgrades Lebanon's rating amid financial crisis

Feb. 21, 2020 12:22 PM EST

BEIRUT (AP) — Credit rating agency Moody's downgraded Lebanon's government issuer ratings Friday to Ca from Caa2 and changed the outlook to stable amid concerns the tiny Arab country might be forced to restructure its massive debt. Lebanon is experiencing its worst economic and financial crisis since the...