Fitch ratings has lowered Argentina, Venezuela and El Salvador credit and growth prospects to negative, while for the rest of Latinamerica the situation remains stable, according to a seminar in Frankfort, on “Latinamerica opportunities and challenges”.
Brazil's deeper-than-expected economic slowdown is amplifying the deceleration already being experienced by Argentina and Uruguay as a result of the global slowdown, according to a new Fitch Ratings report.