All Posts Tagged With: "Lula Da Silva"
Viva Brazil
Brazil is an amazing place. For a long time, this country of 186 million was seen as a world power in soccer and that’s about it. Though Brazil is the fifth-largest country in the world and the fifth-most populous, few paid attention to it.
Brazilian Government Bonds: Risk Lowest as Fitch Upgrades
The risk of owning Brazilian government bonds fell to its lowest level since May 9, as ratings agency Fitch raised the emerging market’s credit rating to investment grade. This from Bloomberg:
Fitch raised Brazil’s foreign-currency debt rating to BBB-, the lowest investment-grade level, from BB+, matching a move made by S&P on April 30. The increase will give the South American country better access to capital markets because some institutional investors can only buy securities issued by countries with at least two investment-grade ratings.
Is Brazil ‘Investment Grade’ for Investor’s Money, Too?
Brazil is a lot like a person who gets a new job, pays off some of his debts, and has his credit score upgraded.
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