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Montevideo, May 19th 2024 - 21:33 UTC

Tag: Fitch rating agency

  • Wednesday, October 16th 2019 - 07:51 UTC

    Fitch Ratings has LATAM sovereigns on the watch list

    Sovereign ratings for Colombia, Costa Rica, Guatemala and Nicaragua are on Negative Outlook; Mexico and Brazil face diminishing economic growth expectations

    One in four Fitch-rated corporates in Latin America is exposed to either a one-notch sovereign or country ceiling downgrade, while ratings for nearly one-third of issuers are vulnerable to a two-notch downgrade, according to the latest from Fitch Ratings.

  • Friday, May 17th 2019 - 09:24 UTC

    Fitch rating agency says uncertainty overflying the Brazilian economy

    Speaking in Sao Paulo, Fitch’s Shelly Shetty said uncertainty over the pension reform bill’s passage through Congress poses the biggest risk to Brazil’s economy

    Brazil’s push to overhaul its costly social security system is a welcome step toward healing public finances and the economy, but is not enough to stabilize public debt or trigger a positive review on the country’s credit rating, directors at rating agency Fitch said on Thursday.