Ireland had its credit rating cut lowered one notch by Moody%u2019s Investors Service on "a significant loss of financial strength." Moody%u2019s lowered the country%u2019s rating to Aa2 from Aa1. The outlook on the new rating is negative. The cost of bailing out the country%u2019s banks is increasing pressures on Ireland%u2019s public finances, Bloomberg News reported. The country%u2019s recession forced it to run a budget deficit of 14.3% of GDP in 2009. That%u2019s the widest deficit in the eurozone.