CLEAN : Fitch cuts Brazil rating, outlook for 2015 'very bad' (analyst)

CLEAN : Fitch cuts Brazil rating, outlook for 2015 'very bad' (analyst)

Assessment

Interactive Video

Business, Social Studies, History

9th - 10th Grade

Hard

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The transcript discusses the potential downgrade of the economy to non-investment grade by Fitch or Moody's due to political stalemate between Congress and the government, leading to market uncertainty. The short-term economic outlook is bleak, with hopes for improvement from 2017 onwards. The timing of the Olympics adds to the challenges, as public interest may be low due to existing problems.

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OPEN ENDED QUESTION

3 mins • 1 pt

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