LatinNews Monitor: Brazil & Southern Cone - 17 December 2015
Brazil: Bye, bye, investment grade?
Overshadowed by the political crisis triggered by the attempt to impeach President Dilma Rousseff, Brazil’s economy has continued to deteriorate. The latest setback was the announcement on 9 December that Moody’s Investors Services was placing Brazilian debt on review for a possible downgrade to junk status.
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