Brazil leaders back pension reform despite protests, graft probe

BRASILIA (Reuters) - Brazil's president and senior lawmakers were unwavering in their support for a major pension reform on Wednesday despite nationwide protests against the proposal and the dramatic expansion of a graft probe threatening the ruling coalition.

Moody's Investors Service added a vote of confidence in the government, citing the ongoing progress of fiscal reforms as a reason for revising its outlook for Brazil's sovereign credit rating to "stable" from "negative."