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

Thursday, April 12th 2018 - 08:56 UTC

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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
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Enrique Massot
Ah...if Moody says it...
Apr 13th, 2018 - 09:59 pm - Link - Report abuse 0
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: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
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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
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: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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