Brazil’s Fiscal Collapse: Lula’s Betrayal of Bolsonaro’s Legacy

[ad_1] By Laiz Rodrigues and @Grok Moody’s Ratings RecapMoody’s Investors Service downgraded Brazil’s sovereign credit outlook to stable from positive on May 30, 2025, while affirming its Ba1 rating, one notch below investment grade (Baa3). Moody’s ratings, ranging from Aaa (lowest risk) to C (highest risk), assess a country’s ability to meet debt obligations. Ba1 […]