Brazil's Financial Woes Despite Olympic Games.
Page 1 of 1 [ 1 post ]
Quote:
International rating agency Moody’s has downgraded its credit rating for Brazil to its lowest investment grade, from Baa2 to Baa3.
However, the outlook on the rating was changed to stable from negative, suggesting there will be no more changes over the next 12-18 months.
The downgrade was driven by Brazil’s weak economic growth and rising government spending.
http://right.is/middle-east/2015/08/moo ... 21607.html
However, the outlook on the rating was changed to stable from negative, suggesting there will be no more changes over the next 12-18 months.
The downgrade was driven by Brazil’s weak economic growth and rising government spending.
http://right.is/middle-east/2015/08/moo ... 21607.html
Page 1 of 1 [ 1 post ]
Similar Topics | |
---|---|
Greetings from Brazil - Begging for advices. |
06 Feb 2024, 12:59 am |
thoughts on financial aid from family |
19 Apr 2024, 5:31 am |
Feeling lack of support navigating financial aid |
03 Apr 2024, 6:38 pm |
How many hours video games? |
07 Mar 2024, 5:34 pm |