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Uncertain Latin America adds to current difficulties for year ahead

Brazil's economy is not growing, making its situation unsustainable

Emerging market hedge funds are expected to face a difficult time through 2003, but Eastern Europe offers opportunities.

The convergence theme in Eastern Europe and a commodity rally could see countries in those sectors providing rich pickings.

Henry Thornton of BDT, which runs absolute return products for emerging markets and is due to launch a hedge fund, believes a loose Federal Reserve monetary

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