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ualify as 'wholesale clients" as defined by the Financial Advisers Act 2008 (New Zealand). and should not be construed as advice. Note to Readers in Vietnam. the Philippines, Brunei. Thailand, Indonesia, China. Taiwan and India: This document is provided solely for the informational purposes of instituti
sovereign credit rating to junk status, the government ditched an earlier budget proposal and recommitted itself to fiscal discipline. President Dilma Rousseff rallied around her finance minister, Joaquim Levy, and announced a primary surplus target of 0.7% of gross domestic product (GDP) for fiscal year
rican nation -- mired in recession and scandal -- is now riskier than nine countries with speculative grades by Standard & Poor's, including Turkey, Vietnam and Cyprus, according to trading in credit-default swaps. Bond investors arc relegating Brazil to junk as the biggest contraction in 25 years and g
dit-default swaps. Bond investors arc relegating Brazil to junk as the biggest contraction in 25 years and growing support for impeaching President Dilma Rousseff increase the chances its investment grades will be slashed. Just last week, S&P joined Moody's Investors Service in revising its outlook on Brazil's
merican nation — mired in recession and scandal — is now riskier than nine countries with speculative grades by Standard & Poor's, including Turkey, Vietnam and Cyprus, according to trading in credit-default swaps. Bond investors are relegating Brazil to junk as the biggest contraction in 25 years and g
dit-default swaps. Bond investors are relegating Brazil to junk as the biggest contraction in 25 years and growing support for impeaching President Dilma Rousseff increase the chances its investment grades will be slashed. Just last week, S&P joined Moody's Investors Service in revising its outlook on Brazil's
Entities connected to both Vietnam and Dilma Rousseff

Jeffrey Epstein
PERSON
George W. Bush
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Barack Obama
PERSON
United States
LOCATION
Bill Clinton
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Donald Trump
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Prince Andrew
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Marc Rich
PERSONLeon Black
PERSON
Joe Biden
PERSON
Department of Justice
ORGANIZATION
Bloomberg L.P.
ORGANIZATION
Julie K. Brown
PERSON
Virginia Giuffre
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Stephen Hawking
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Eric Trump
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Michael Jackson
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Philippines
LOCATION
New York
LOCATIONDoug Band
PERSON