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, 2016Topic
investment grade
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 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Brazil's investment grade status has been with withdrawn with the downgrade of the country’s sovereign rating by Fitch Ratings.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’s Government Admits Negative GDP Growth for 2016
If confirmed this will be the first time the Brazilian GDP has ever registered a retraction for two consecutive years...
October 30, 2015
S&P Downgrades Brazil’s Credit Ratings to Junk Status
The agency noted that internal disagreement among Rousseff’s cabinet members led country to lose its investment grade.
September 10, 2015
Moody’s Downgrades Brazil’s Credit Rating
Weaker economic performance, lack of political consensus over fiscal reforms and the government’s rising debt burden were factors for the...
August 12, 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
Brazil’s Petrobras Rating Downgraded to Junk Status
International rating agency Moody’s has downgraded the rating of Brazil’s oil giant Petrobras to Ba2, two grades below investment grade...
February 25, 2015
Brazil’s Petrobras May See Its Rating Downgraded
Corruption scandal and delays in filing financial statements may lead to loss of investment grade.
December 26, 2014