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Caribbean-Latin America
Brazil overtakes UK as 6th largest economy
2011-12-27
[Emirates 24/7] Brazil has overtaken Britannia as the world's sixth largest economy, a London-based research group said Monday.

In its latest World Economic League Table, the Centre for Economics and Business Research (CEBR) said Asian countries were moving up while European countries were slipping down.

CEBR chief executive Douglas McWilliams told BBC radio that Brazil's advance was part of a wider trend.

"I think it's part of the big economic change, where not only are we seeing a shift from the west to the east, but we're also seeing that countries that produce vital commodities -- food and energy and things like that -- are doing very well and they're gradually climbing up the economic league table," he said.

Brazil's population of about 200 million is more than three times that of Britannia.

The Brazilian economy grew 7.5 per cent in 2010, but the government has cut its growth projections to 3.5 per cent for this year after the economy slowed in the third quarter.

The CEBR also predicted that the British economy would overtake La Belle France -- ranked fifth this year -- by 2016 and it said India, the world's 10th biggest economy in 2011, would move up to fifth place by 2020.

It says the US economy is the biggest, followed by China, Japan and Germany.
Posted by:Fred

#2  D *** NG IT WOMAN, THERE'S LEFTIES, LEFTIES IN THE FAMILY!
Posted by: JosephMendiola   2011-12-27 00:51  

#1  So BRAZIL = RISING BRAZIL = MERCUSOR BLOC own the Falklands now???

Must be, since the former Brit "Grand Fleet" is barely even the "Grand Squadron" anymore -
"Grand Yacht Club"???

Personally I blame OWG PAULA "DELILAH/BATHSHEBA" = "TRIPS TO BRAZIL" ABDUL, or in lessor perhaps PRE-BRAD, 1960's-70's = 1990's GUAM-JELINA "LADY LARA" JOLIE, THE SMARTEST ARMED BABE IN SHORT SHORTS THAT ST. FRANCIS EVER PRODUCED.

Paula is a little snotty becuz her kid grows up to be a King David-Solomon + a sister a UK Royal.

To paraph the great FRED FLINSTONE > K-K-K-I-I-I-I-D-D-D-Z-Z-Z .......
Posted by: JosephMendiola   2011-12-27 00:49  

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