Table: Trouble Spots In The Currency Market

   ARGENTINA
      Inflation is low, but investors are fleeing. To keep interest rates high and 
      preserve the peso's hard link to the dollar, President Menem may trigger a 
      recession.
         CANADA
      To keep worries about massive deficits from triggering a currency rout, the 
      Bank of Canada will have to keep rates high.
         ITALY
      The lira is sliding amid concerns over a $1.2 trillion national debt and 
      political chaos. Some think a debt default is possible.
         FRANCE
      High unemployment and rising budget deficits are weakening the franc's ties to 
      the German mark.
         MEXICO
      The peso continues to skid as investors turn thumbs-down to government's rescue 
      plan. Even $18 billion in international aid may not help.
         SPAIN
      Central bank is raising rates as political concerns push the peseta to a record 
      low against the German mark. More depreciation is likely.
      DATA: BUSINESS WEEK
      
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