S&P Once Again Downgrades Brazil’s Credit Rating

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Almost two years after Standard & Poor’s Ratings Services lowered its long-term foreign currency sovereign credit rating for Brazil to ‘BB’, S&P cuts its ratings once again, this time to ‘BB-‘, noting the country has made slower-than-expected progress to correct its fiscal situation. “While the […]

Original published: 2018-01-12 14:10:52 Read the full Rio De Janeiro News here

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