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                         S&P Cuts Brazil Credit Rating

   An international credit rating company, Standard & Poor`s, has cut
   Brazil`s debt rating.
   S&P, one of the world`s three main credit rating companies, downgraded
   the country`s long-term debt rating Monday to BBB minus, the agency`s
   lowest investment-grade rating.
   The company said it made the change because of Brazil`s slower economic
   growth and what it called "mixed policy signaling by the government."
   It also said the government has a constrained ability to adjust policy
   ahead of presidential elections in October.
   Brazil`s government did not have an immediate response.
   The world`s other two main credit rating companies, Moody`s Investors
   Service and Fitch Ratings, have not cut
   their ratings on Brazilian debt.
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   [1]http://www.voanews.com/content/sp-cuts-brazil-credit-rating/1878384.
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References

   1. http://www.voanews.com/content/sp-cuts-brazil-credit-rating/1878384.html