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PGIM Fixed Income

2021 Top 500 ranking: 26

Brazil And South Africa: Two Continental Giants With Feet Of Clay

South Africa_Brazil - Feet of Clay_550x405

Following heavy public spending during the pandemic, Brazil’s and South Africa’s government debt has surged over the past year, exacerbating the already sizable fiscal problems both countries were facing before the onset of COVID-19.

PGIM Fixed Income

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