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Counting the cost as emerging markets slow
The Australian EXECUTIVES at Diageo's Latin American business have been keeping an intense watch on the currency crisis in emerging markets. The region accounts for 13 per cent of the drink giant's sales and trading in Argentina and Venezuela has been "challenging". You Should Read Paul Krugman On The Emerging-Market Turmoil Why the All-Clear Won't Be Sounding Soon NEWS ANALYSIS: Growth, investment at risk from emerging markets rate hikes |