Days after the close of the 2016 Olympics, the state government of Rio de Janeiro had its credit rating slashed three notches by Standard & Poor’s, in the latest development in a fiscal crisis that shows no sign of letting up.
WSJ.com: World Markets, Wall Street Journal: World Markets
Thu, 08/25/2016 - 2:18pm
Days after the close of the 2016 Olympics, the state government of Rio de Janeiro had its credit rating slashed three notches by Standard & Poor’s, in the latest development in a fiscal crisis that shows no sign of letting up.