Despite the near term anticipated weakness in the Argentinian beer business, we expect strong Brazil and Mexico sales to drive volume growth for Anheuser-Busch InBev in Latin America. Although Brazil economy's has been slowing this year due to high inflation and interest rates, along with export bans to Argentina, disposable incomes are expected to rise in the country in the longer term. Given Grupo Modelo's strong positioning in Mexico, coupled with large marketing and advertising investments by Anheuser-Busch, the company can improve volume sales in the country as demand for beer grows.