(Fortune Magazine) – 1. ARGENTINA The government's decision to ration gas and electricity for firms rather than raise prices for residential consumers does little to address mounting woes in the energy sector and helps set the stage for future economic problems.

2. LIBERIA The genocide trial of former leader Charles Taylor will not only help close a bloody chapter in the country's history but also consolidate gains made by the current government, attract new sources of foreign investment, and open up aid flows from the U.S.

3. ZAMBIA Government efforts to bring existing copper concessions into line with a higher royalty and tax regime may hurt some major copper firms' bottom lines.

4. PALESTINIAN AUTHORITY The emergence of Gaza and the West Bank as separate entities under the control of rival political factions Hamas and Fatah all but kills any hope of a two-state peace agreement with Israel.

5. THAILAND The seizure of former Prime Minister Thaksin Shinawatra's assets and his indictment on corruption charges could force the exiled leader to return to Bangkok, raising fears of a potential confrontation with the country's military rulers.

6. INDONESIA The arrest of a key terrorist figure and a major economic-reform package from President Susilo Bambang Yudhoyono boost confidence in the country's growth prospects.

JUNE 21, 2007 KEY: INCREASED RISK NO CHANGE DECREASED RISK