Standard&Poor's low-investment-grade rating on the Federative Republic of Brazil reflects our expectation that the ongoing strong economic recovery in Brazil could create an opportunity for the government to strengthen its credit profile over the medium term. That could happen if the economic policy mix is updated in a timely fashion by gradually removing the fiscal and monetary stimulus implemented throughout the recent global crisis and reassuring medium- and long-term sustainability of current economic policies. The presidential election in October 2010 will test the strength of Brazil's political and economical institutional framework to deal with these new challenges. Brazil's economy is recovering rapidly from the shock caused by global economic and financial volatility at the end of 2008. We
RESEARCH Summary: Federative Republic of Brazil Publication date: 24-Feb-2010 Primary Credit Analyst: Sebastian Briozzo, Buenos Aires (54) 11 4891 2120; sebastian_briozzo@standardandpoors.com Secondary Credit Analyst: Joydeep Mukherji,...
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Federative Republic of Brazil – 2010/08/04 – US$ 500.00
Summary: Federative Republic of Brazil – 2010/08/04 – US$ 225.00
Sovereign Ratings On Brazil Affirmed; Outlook Remains Stable – 2010/12/14 – US$ 150.00
Research Update: Brazil Sovereign Ratings Affirmed; Outlook Remains Stable – 2010/12/14 – US$ 225.00
Federative Republic of Brazil Foreign Currency Rating Outlook Revised To Positive; Ratings Affirmed – 2011/05/23 – US$ 150.00
Brazil 'BBB-/A-3' Foreign Currency Ratings Affirmed; Outlook Remains Stable – 2009/12/08 – US$ 150.00
Research Update: Federative Republic of Brazil 'BBB-/A-3' Foreign Currency Ratings Affirmed; Outlook Remains Stable – 2009/12/08 – US$ 225.00
Federative Republic of Brazil – 2009/07/01 – US$ 500.00
Summary: Federative Republic of Brazil – 2009/06/30 – US$ 225.00
Brazil 'BBB-' Long-Term Foreign Currency Rating Affirmed; Outlook Remains Stable – 2009/04/06 – US$ 150.00
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