Containers are stacked at the port of Auckland

 
Containers are stacked at the port of Auckland
Containers are stacked at the port of Auckland September 30, 2011. Fitch Ratings on Thursday downgraded New Zealand by one notch, expressing concern about its growing external debt in a volatile global economy. Fitch cut New Zealand's credit rating to AA from AA-plus, forecasting its "persistent" current account deficits will widen in the next couple of years to reach 5.5 percent of gross domestic product by 2013. REUTERS/Stefan Wermuth (NEW ZEALAND - Tags: BUSINESS)