Line a medium-size strainer with a double thickness of rinsed cheesecloth or triple layer of white paper towels. Place strainer over a large bowl and spoon yogurt into strainer. Let drain 1 1/2 hours. Scrape drained yogurt into a medium bowl. Discard draining liquid.
Stir in brown sugar, orange peel and juice, nutmeg, and TABASCO® Sauce until smooth. Add carrots and raisins and toss to coat. Cover and chill 20 to 30 minutes. Just before serving, sprinkle with cashews.
Makes 6 servings.