Coke moves on Baghdad

Coke ended its 37-year exile two weeks ago by setting up a joint-venture bottling company to compete with Pepsi for 26 million consumers.
The upsides for Coke include a thirst-inducing climate and burgeoning Islamic conservatism which has banned beer and other alcoholic drinks in much of the country.
The downsides, besides Pepsi’s head start, are a raging insurgency and banditry which threaten sup...