Browsing: credit rating

Brazil must convince markets that it can grow its economy while also slash spending and curtail inflation, analysts said after the country’s credit rating sunk to near junk status. The Central Bank said Brazil would respond “robustly” to global economic…

The Standard and Poor’s ratings agency on Friday downgraded the European Union’s long-term credit rating one notch, from “AAA” to “AA+”, citing weaker credit worthiness among the bloc. “The downgrade… reflects our view of weaker creditworthiness among…