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Brazil awarded Investment Rating BBB
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06-06-2008, 04:30 PM
robh
Premium Agency Member
Join Date: Jun 2007
Posts: 1,004
Quote:
Originally Posted by
Golfingworld
EU suspends Brazil beef imports
BBC NEWS | World | Americas | EU suspends Brazil beef imports
Brazil, which defaulted on its debt in the 1980s and declared a moratorium on debt payments, is riding a boom in demand for key exports such as beef, iron ore and soy.
There are two sides to every story!
Why fail to mention that the suspension which started in January is not affecting the Brazilian economy at all, and also that Brazil paid back it's IMF loans early?
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