LatinNews Daily - 26 September 2018

* Samar Maziad, senior analyst on Latin America at international credit ratings agency Moody’s Investors Service, said that Brazil’s next president will have to continue with the current government’s package of economic reforms, or risk compromising growth and negatively affecting the country's credit rating. Speaking at a conference in São Paulo, Maziad said that Moody’s is working with a base scenario in which Brazil’s yet-to-be-elected incoming president will work with congress and successfully pass key measures such as a pension reform, but she acknowledged that this would be a challenge. The agency will wait until next year, after the new administration takes office, to review the country’s 'Ba2' credit rating. Brazil’s outlook was revised from 'negative' to 'stable' last April, but its credit rating remains two notches below investment-grade status.

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