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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...
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 economic scenario in Brazil deteriorated on Wednesday as Moody’s downgraded the country’s sovereign risk to junk status and changed the country’s outlook to negative. Moody’s was the last of...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Five and a half months after withdrawing Brazil’s investment grade rating, Standard & Poor's Ratings Services lowered its long-term foreign currency sovereign credit rating for the country from 'BB+' to...
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...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A week after Brazil’s government presented a forecast of a deficit in its 2016 budget, rankings agency, Standard & Poor’s downgraded the country’s long-term foreign and local currency sovereign ratings...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – One of the most important risk classification companies in the world, Moody's Investors Service has placed Petrobras S.A.'s global foreign currency and local currency debt ratings on review for a...
By Jay Forte, Contributing Reporter SÃO PAULO, BRAZIL – The most populated city in South America, with almost twelve million people, is going to see holiday makers filling the roadways in an attempt to get somewhere for the News Year's...
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