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Economy & Business - November 2011 (ISSN 1741-7430)

Gliding towards sustainability

The many doubters of Brazil’s economic managers simply will not give up. Earlier this year they were warning about inflation accelerating. Now they are worrying that the economy’s slowdown will turn into a bust. It is significant that Dagong China’s credit rating agency which was the first to rate Brazil a single A has now been followed by Standard & Poor’s, one of the world’s traditional credit rating agencies. S&P made its move in November 2011. Dagong has been rating Brazil a single A since May 2010.

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