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Starr compete in AIG's strongholds of China, Russia and Southeast Asia.
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Now the company employs 3, 200 people globally and has 18 subsidiaries in the US, Canada, Middle East, Russia, Australia, and Southeast Asia, according to the company website.
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But a lot can be said about the fact that countries in southeast Asia to Russia and India are growing percentage wise more than the core markets are shrinking.
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Through the end of his life he repeatedly visited Algeria, making additional forays to destinations as far flung as Southeast Asia, Russia and Uruguay, for which he composed a national anthem.
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Now in a new book Malkiel moves on to extol the virtues of global portfolio diversification--in index funds and actively managed funds -- at a time when many investors are licking their wounds from Southeast Asia, Russia and, not so long ago, Latin America.
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That entailed the cascading collapses of assorted currencies and developing economies, from Mexico (1994) to Southeast Asia, South Korea, Russia, Brazil and Turkey (1997-2000).
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One priority is to find global partners that will help Chrysler develop small, inexpensive cars for developing markets like Southeast Asia, India and Russia--something that Daimler could not provide through its Mercedes luxury brand.
FORBES: Chrysler Chief Executive Thomas LaSorda
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But overseas, cell phones are sold at a wide range of kiosks, which is part of the reason why cell phones have a relatively low level of retail quality in many emerging countries and regions, such as India, Russia, southeast Asia, etc.
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But China, Southeast Asia, India and oil-rich Russia are in a rush to build roads, airports and dams.
FORBES: Magazine Article