The article discusses Brazil's deteriorating creditworthiness, with swaps traders considering it a junk-rated country. The economic recession, political scandals, and potential impeachment of President Dilma Rousseff are contributing factors. Credit-default swaps indicate Brazil is riskier than several speculative-grade countries. The article also covers the political challenges faced by Rousseff, including a push for impeachment and declining public support.
doj/DataSet10/EFTA01386953.pdf
{"title":"Brazil's Creditworthiness and Political Crisis","key_people":["Dilma Rousseff","Camila Abdelmalack","Darcisio Perondi","George Hoguet","Jose Dirceu","Luiz Inacio Lula da Silva"],"document_type":"media","key_locations":["Brazil","Sao Paulo","New York"],"document_subtype":"news article","key_organizations":["Standard & Poor's","Moody's Investors Service","CM Capital Markets","Brazilian Democratic Movement Party","State Street Global Advisors"]}