Brazil’s Oil Giant Vale Loses R$71B in Market Value After Dam Break
Brazil’s iron giant, Vale, registered on Monday the largest plunge in share value in a single day in its history,...
January 29, 2019Topic
Fitch
Fitch Classifies Brazil’s Odebrecht Risk as Very High
The agency's forecast that accords would improve the company’s situation did not materialize instead triggering corruption investigations in other countries.
January 18, 2017
Risk Agency Sees Economic Improvement in Brazil in 2016
Despite the forecast of improvement in economic growth in the months ahead, the number of job closings continues high.
July 28, 2016
Risk Agency Further Downgrades Brazil’s Credit Rating
Deeper-than-anticipated economic contraction and elevated political uncertainty are reasons given by Fitch Ratings to downgrade credit ratings even further.
May 6, 2016
Moody’s Downgrades Brazilian Sovereign Credit to Junk
The company was the last of the three large risk-rating agencies to lower Brazil’s credit ratings.
February 25, 2016 Brazil Investment Grade Status Drops in Fitch Rating Adjustment
Brazil's investment grade status has been with withdrawn with the downgrade of the country’s sovereign rating by Fitch Ratings.
December 17, 2015
Brazil Credit Rating Not Downgraded but Outlook Negative
Against widespread expectations from financial experts, rating agency Standard & Poor's has decided not to downgrade Brazil's credit rating yet....
July 29, 2015