Tag: Brazilean bonds

• Wednesday, September 16th 2015 - 09:45 UTC

  Rousseff's latest austerity measures, 'hard to pass' warn congress leaders

  

  President Dilma Rousseff's latest austerity plan to rescue Brazil's sinking economy faced a cold reception Tuesday, with Congress raising questions over whether the measures will win approval. The speaker of the lower house of Congress and one of Rousseff's chief foes, Eduardo Cunha, dismissed the measures as “pseudo cuts” and predicted they would not easily pass.

• Monday, April 7th 2014 - 06:36 UTC

  Brazil's high yield bonds again attract foreign investors

  

  Brazil’s decision to hike its key interest rate to 11%, its highest level in two years, has again started to attract investors since there are also strong hopes that Brazil’s next president to be elected in October will rein in spending and adjust macroeconomic policies.

• Tuesday, April 5th 2011 - 10:08 UTC

  Based on signs of greater fiscal restraint, Fitch raises Brazil’s credit rating to BBB

  

  Brazil’s credit rating was raised one level by Fitch Ratings, which cited the economy’s growth prospects and budget policy under President Dilma Rousseff.