U.S. Credit Downgrade: Stephen Harper Reportedly Disagrees With S&P's Decision
BRASILIA, Brazil - The president of Brazil says she and Prime Minister Stephen Harper don't agree with Standard & Poor's decision to downgrade the credit rating of the United States.
Dilma Rousseff called the credit-rating agency's decision "incorrect," as Harper looked on during a signing ceremony for a handful of small trade deals today.
Harper is on a four-country swing through Latin America where he is trying to boost trade.
He and Rousseff announced deals on air transport, social security, Olympic co-operation, and international development aid effectiveness.
They also announced a business leaders' forum that would see Canadian and Brazilian executives meet on the margins of high-level diplomatic talks.
"Brazil is a major global economic player and a key priority market for Canada," Harper said in a press release.
"These agreements will benefit both countries by promoting greater two-way flow of people, goods and services, enhancing our competitiveness and further strengthening our partnership in key areas of shared interest."
There was a tussle between the Prime Minister's Office and Brazilian officials when media were blocked from a previously agreed-upon photo-op at the beginning of the leaders' meeting. Brazilian officials refused to yield despite the protests of PMO and Canadian embassy staff.
Media were eventually allowed in — after the meeting.