LatAm Daily | Brazil on the verge of losing its investment grade
Published on Wednesday, July 29, 2015
LatAm Daily | Brazil on the verge of losing its investment grade
Following the economic deterioration and increasing political turbulence, S&P announced yesterday a revision of Brazil’s rating outlook to negative, meaning that in a one-year period it could withdraw the country’s investment grade, unless the government is able to overcome its current difficulties (which is not an easy task)
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