{"id":271030,"date":"2020-04-07T11:19:25","date_gmt":"2020-04-07T14:19:25","guid":{"rendered":"https:\/\/anba.com.br\/?p=271030"},"modified":"2020-04-07T11:53:43","modified_gmt":"2020-04-07T14:53:43","slug":"sp-lowers-outlook-on-brazils-rating","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/sp-lowers-outlook-on-brazils-rating\/","title":{"rendered":"S&#038;P lowers outlook on Brazil&#8217;s rating"},"content":{"rendered":"<p>Bras\u00edlia \u2013 Credit rating agency Standard &amp; Poor\u2019s (S&amp;P) has downgraded Brazil\u2019s public debt rating from positive to stable. The decision occurred four months after the agency had suggested it could upgrade Brazil\u2019s rating. A stable perspective means the agency doesn\u2019t intend to change the country\u2019s rating over the next couple of years.<\/p>\n<p>Currently, S&amp;P gives a BB- rating to Brazil, three degrees below the investment grade, a guarantee that the country is not in risk in defaulting on its public debt. A positive perspective indicates that the rating could be upgraded.<\/p>\n<p>S&amp;P mentioned some factors justifying the decision. First, the slowdown or decrease in the Gross Domestic Product (GDP) this year due to the coronavirus crisis. Secondly, the higher spending to face COVID-19 and prevent mass layoffs. The agency mentioned the political tension as an aggravating circumstance, with \u201cuncertainty regarding the capacity to uphold structural reforms after the pandemic has passed, given the continuous disagreements between the Executive and Legislative power.<\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-253268\">Marcello Casal Jr.\/Ag\u00eancia Brasil<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Credit rating agency has lowered its outlook on Brazil\u2019s sovereign debt from positive to stable, which means it won\u2019t change over the next couple of years.<\/p>\n","protected":false},"author":2315,"featured_media":253268,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[114],"tags":[14835,14834,14829,14836,14833,14831,14837],"class_list":{"0":"post-271030","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-brazil-rating","9":"tag-brazil-sovereign-debt","10":"tag-nota-brasil","11":"tag-sp-en","12":"tag-sovereign-debt","13":"tag-standard-poors","14":"tag-standard-poors-en"},"wps_subtitle":"Credit rating agency has lowered its outlook on Brazil\u2019s sovereign debt from positive to stable, which means it won\u2019t change over the next couple of years.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/271030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=271030"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/271030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/253268"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=271030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=271030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=271030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}