Author: manoj10

Brazil economy overtakes UK   [Copy link] 中文

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Post time 2011-12-27 05:44:45 |Display all floors
macanese Post time: 2011-12-27 05:18
Brazil is certainly improving and it is proud that it belongs to the BRICS group of nations!

Post ...

Smart choice Brazil , congratulations

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Post time 2011-12-27 09:13:31 |Display all floors
Brazil overtakes UK as 6th major economy
Mon Dec 26, 2011

British government has faced a fresh economic blow, as Britain was deposed by Brazil to become the sixth largest economy in the world, an economic research group said.

The Centre for Economics and Business Research (CEBR) revealed that the South American country, happening to be one of the powerhouses of the global economy, overtook Britain that is now the seventh richest state.

Economic analysts believed that the country's banking crash in 2008 and the following recession downgraded Britain to the seventh stand in 2011 world economic league table.

CEBR also revealed Asian nations are moving up and European nations drawing back, as Europe has been suffering from economic crisis and low growth. The report also stressed that UK would fall behind Russia and India in the next decade, even though Britain might move ahead of France by 2020.

Douglas Milliams, CEBR chief executive, said, "Brazil has beaten the European countries at soccer for a long time, but beating them at economics is a new phenomenon.”

“Our world economic league table shows how the economic map is changing, with Asian countries and commodity-producing economies climbing up the league while we in Europe fall back."

Peter Slowe, ex-government economic advisor, stressed that Brazil overtook Britain due to the financial potential of its nationals. And that Brazil has huge natural resources to depend on such as gold, silver and oil off-shore in the Amazon.

“By contrast the UK economy is affected by the problems of the eurozone,” Slowe added.

The US, China, Japan, Germany and France are standing at the top five places as the world's richest countries.


African Observer:
This is the begining of the end for the western domination of the world's economy. Nations are rising up and marching fiercely towards economic independent. An economy or market that is driven solely by the desire of the people to have control over their own life; an economy that is void of the control of the 15 % of the world's population. I am of the strong conviction that the World Bank and IMF's ownership wouls change in the very near future.
Diane Abbot (British MP): Anglos love playing divide and rule
David Cameron (British PM): Anglos caused most of the world's problems!

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Post time 2011-12-28 16:30:14 |Display all floors
good news, hope Brazil can protect their environment well.
we really don't expect their environment to  became terrible like China

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Post time 2011-12-28 18:21:12 |Display all floors
Congratulations to the Brazilians.. however, some of the gloating, spiteful comments comments above might benefit from some context

1. The UK is the world’s 6th (7th?) largest economy and one of the world’s top 10 manufacturers.
2. The UK is the world’s 2nd largest services exporter and the world’s 6th largest trading nation.
3. The World Bank rated the UK 2nd in the EU and 7th in the world on its "Ease of Doing Business" ranking.
4. The UK is the no.1 location for European headquarters: more overseas companies have their European headquarters in the UK than in France and Germany put together.
5. 6 of the world’s top 10 vehicle makers are based in the UK – the industry accounts for 11% of the UK’s manufactured exports.
6. The UK has the world’s 2nd largest aerospace market share, with an annual turnover of £20 billion/yr.
7. London’s global financial centre was ranked 1st in the 2011 Global Financial Centres Index. Across the UK, there are >1 million people employed in financial services.
8. UK academic institutions include 4 of the world’s top 10 universities.
9. The UK has created 5 of the world’s top 20 best-selling medicines.
10. The UK’s low carbon industry is worth £112 billion/yr and employs 910,000 people.
11. There are 85,000 Chinese students studying in the UK.

Examples of "made in britain?"
Glaxo Smith Kline (pharmaceuticals);
BAE Systems (avionics, armaments, shipbuilding);
JCB (heavy plant manufacturers);
Rolls-Royce (aero engines).

The ONS publishes a  monthly bulletin which gives some details -  but here is a briefing note from Trading Economics:

"United Kingdom exports were worth 41.9 Billion GBP in October of 2011. The United Kingdom is the world's fifth-largest trading nation, highly dependent on foreign trade. The United Kingdom's major export commodities are manufactured items like telecommunications equipment, automobiles, automatic data processing equipment, medicinal and pharmaceutical products and aircraft. Main export partners are USA, Germany, France and Ireland.

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Post time 2011-12-28 18:49:17 |Display all floors
verdane Post time: 2011-12-28 18:21
Congratulations to the Brazilians.. however, some of the gloating, spiteful comments comments above  ...

Your own mind is a sacred enclosure into which nothing harmful can enter except by your permission. Arnold Bennett

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Post time 2011-12-29 02:01:36 |Display all floors
markwu Post time: 2011-12-26 23:53
A BRICian new world order....provided technology and technique are built up in BRIC that can hold th ...

Congratulations to Brazil.  The old order has exhausted itself with built in deficiencies.

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Post time 2011-12-29 03:01:04 |Display all floors
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