Fitch downgrades Brazil's sovereign debt into junk territory, as political crisis deepens

Monday, May 9th 2016 - 11:29 UTC

Full article 5 comments

Fitch Ratings downgraded Brazil's sovereign debt further into junk territory on Thursday, citing a deeper-than-expected economic contraction and changing fiscal targets that have undermined credibility. The agency downgraded Brazil to BB from BB+ with a negative outlook a week before a Senate vote that is expected to lead to the suspension of unpopular leftist President Dilma Rousseff. Read full article

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Marti Llazo
Argentine bonds, junk. Brazilian bonds, junk.
Chile, A+/stable. UK, AAA/stable.
May 09th, 2016 - 01:18 pm - Link - Report abuse 0
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zathras
You are just being mean 1 Marti Llazo (#). LOL

Seriouly hope the Olympic Games goes ok.
May 09th, 2016 - 04:35 pm - Link - Report abuse 0
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The Voice
Oi Brarsehole, what about that!

You will have to make do with Roubles or Venezualan toilet paper in future Bahahahaha…
May 09th, 2016 - 04:50 pm - Link - Report abuse 0
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Don Alberto
Brasildioteiro, do tell us that B- is better than b+, that BB- is better than BB, which is better than BB+, etc.

We need to get some laughing matter into the Brasilian crisis.
May 11th, 2016 - 03:14 am - Link - Report abuse 0
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zathras
The Trolls seem very quiet on this one.

I guess they are hoarding their food, toilet paper and other bare necessities.

Stuff here in the UK, Gib and FI we can simply purchase and reasonable prices.
May 11th, 2016 - 08:06 am - Link - Report abuse 0
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