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 Yahoo! News - Top Stories Updated : Fitch cuts Japan as politics hinders debt plan TOKYO (Reuters) - Fitch cut Japan's sovereign credit status on Tuesday to the lowest level among global ratings agencies as a political stalemate dims the chance that the country can curb its snowballing debt. Fitch Ratings cut Japan's long-term foreign currency rating by two levels from AA to A plus, the fifth highest investment grade. It cut the more important local currency rating by one notch from AA minus to A plus. Both were given a negative outlook. ... Publ.Date : 2012-05-22T11:55:01Z Brandon Cronenberg is a chip off the bloody block  You wait years for a new Cronenberg movie at Cannes, and then two come along at once.Publ.Date : 2012-05-22T10:49:48Z Painting that ridicules S. Africa's leader defaced  Two men wielding cans of red and black paint entered a Johannesburg gallery on Tuesday and defaced a painting that draws attention to the South African president's genitals and his reputation for promiscuity, witnesses said, as a judge determined the art could be challenged in court by the president and his party.Publ.Date : 2012-05-22T11:41:48Z Eurozone warned 'severe recession' looming  The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe's central bank to act quickly to keep the slowdown from dragging down the global economy.Publ.Date : 2012-05-22T11:58:32Z After bombing, somber Yemen marks National Day  Grieving Yemenis held somber ceremonies Tuesday to mark the country's National Day following a suicide bombing a day earlier that killed nearly 100 soldiers and deeply shook the faith of many people in the nation's future.Publ.Date : 2012-05-22T11:55:45Z |