VOICED : S&P rebaja la nota de deuda de Brasil y la acerca a especulativa

Standard & Poor's downgraded Brazil's sovereign debt rating to BB-, citing insufficient progress by Michel Temer's government in implementing significant fiscal reforms. Brazil, which had an investment-grade rating until 2015, lost it due to a severe recession and a massive corruption scandal. The downgrade adds to Brazil's economic challenges, compounded by the uncertainty of the upcoming presidential election. Despite the downgrade, the Brazilian government remains committed to pursuing reforms crucial for economic growth and fiscal balance, including pension reforms.

What was the new rating given to Brazil's sovereign debt by Standard & Poor's?

• B+

• BBB

• BB-

• BB+

What was one of the reasons for Brazil losing its investment-grade status?

• High inflation rates

• Political stability

• A massive corruption scandal

• Strong economic growth

Which economic issue is compounded by the uncertainty of the presidential election in Brazil?

• Trade deficits

• High unemployment

• Rising inflation

• Structural economic problems

What reform is the Brazilian government focusing on to balance public accounts?

• Pension reform

• Tax reform

• Healthcare reform

• Education reform

Which agency maintained Brazil's short-term debt in the B category?

• Moody's

• Fitch

• Standard & Poor's

• DBRS