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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – International ratings agency Standard & Poor's (S&P) announced on Friday it was maintaining Brazil’s ratings two levels below investment grade and reaffirmed the negative outlook for the country. Government officials,...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The investment grade of Brazil has been pummeled with the downgrade on Wednesday of the country’s sovereign rating by Fitch Ratings. Along with the downgrade, Fitch also announced that it...
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