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Publicada el jueves, 10 septiembre 2015

Market Comment | Volatility returns to financial markets

    S&P downgrades Brazil’s credit rating to BB+ from BBB-, and the outlook on the new rating remains negative. Even though the decision was widely expected, its timing was surprising. The decision was driven by an economic deterioration and the worsening prospects for fiscal adjustment. S&P does not rule out additional downgrades, and we […]

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