The Markets

If ever you wanted some proof of the global nature of the FTSE 100, then a couple of sharp reminders have been recently administered. That great, reliable Anglo-Dutch stock and stalwart of the FTSE, Unilever, was given a bashing last week; not because its products have gone wrong, after all Dove Soap, Flora and Knorr Stock cubes are still household staples. No, this time it is the effect of the emerging markets where their global and regional brands have been affected by the recent fall off in many emerging and developing national currencies.

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