Tuesday, December 27, 2011

Brazil Overtakes Britain As World's Sixth Largest Economy

In its latest World Economic League Table, the Centre for Economics and Business Research (CE-BR) said Brazil has overtaken Britain as the world's sixth-largest economy, while Asian countries were moving up and European countries were slipping down.

The biggest economies:


CEBR says Brazil's advance was part of a wider trend according to Douglas Mc-Williams, CEO: "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," .

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