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Montevideo, July 16th 2018 - 16:28 UTC

Moody's raises Brazil's sovereign rating from negative to stable

Thursday, April 12th 2018 - 08:56 UTC
Full article 5 comments

Credit rating agency Moody's this week raised the outlook of Brazil's sovereign rating from negative to stable. Read full article

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  • :o))

    REF: Moody's Forcast: “higher-than-expected short and medium-term economic growth prospects”:

    - Which country are they referring to?
    - Which Brandless Hooch are they serving during office hours?
    - What's the % of Commission which they received from the concerned country?
    REF:
    http://paduacampos.com.br/2012/wp-content/uploads/2016/01/Charge-economia-brasileira.jpg

    Apr 12th, 2018 - 09:50 am - Link - Report abuse 0
  • Enrique Massot

    Ah...if Moody says it...

    Apr 13th, 2018 - 09:59 pm - Link - Report abuse 0
  • :o))

    We DO believe in EVERYTHING that's written, don't we? Is the Brazilian Economy showing ANY sign of life?

    Apr 14th, 2018 - 02:19 pm - Link - Report abuse 0
  • Enrique Massot

    Wasn't Moody's the agency that, together with Standard & Poor kept reassuring everyone that all was going well as the subprime mortgage crisis in the U.S. was swelling like a Hawaii wave?

    According to a Financial Times article, “evidence presented at a hearing before the Senate detailed how some senior managers at Moody’s and Standard & Poor’s suppressed internal concerns about the securities they rated due to pressure from the banks that paid their fees.”

    So reassuring!

    https://www.ft.com/content/9456f280-4f03-11df-b8f4-00144feab49a

    Apr 14th, 2018 - 03:49 pm - Link - Report abuse 0
  • :o))

    @EM:

    REF: “According to a Financial Times.....paid their fees”:

    THAT's neither surprising NOR a “news”. Spreading news ALWAYS has it's own benefits; of course! The Media THRIVES on this - UNIVERSALLY! Pl. see my above-mentioned comments.

    The following too is neither surprising NOR a “news”:
    WALL STREET JOURNAL:
    REF: ‘All the Politicians Rob’:
    https://www.wsj.com/articles/all-the-politicians-rob-calls-rise-in-brazil-to-end-officials-legal-shield-1523703600?mod=e2tw

    ALL “THEY” [please feel free to include whosoever you prefer; in “they”] NEED IS A BUNCH OF BELIEVERS!

    Apr 15th, 2018 - 12:30 pm - Link - Report abuse 0

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