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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Fitch Ratings has downgraded Brazilian conglomerate Odebrecht’s Long-Term Foreign and Local Currency Issuer Default Ratings to 'CC' from, 'B- ' and its National Long-Term Rating to 'CC ', from 'BB-...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Officials from Brazilian conglomerate Odebrecht have signed a preliminary agreement with Peru’s prosecutors’ office to return more than US$8.9 million from illicit gains to the Latin American country. Peru is...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The government of Panama released a statement on Tuesday that Brazil’s Odebrecht conglomerate would have to compensate the country for the damages caused and would ‘take the necessary actions...
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