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Brazil is the Sixth Economy in the World
Posted On 28 Dec 2011
The economy of Brazil surpassed the United Kingdom, and now it’s the sixth economic power of the world.
According to a recent study by the Centre for Economic and Business Research (CEBR), the UK is classified in the seventh place in the world economy ranking, followed by United States, China, Japan, Germany, France and Brazil.
Douglas McWilliams, the founder and Chief Executive of the CEBR informed that the Asian economies are moving forward, at the same time that the European countries are receding. The Brazilian economy showed a 7,5% of growth in 2010. (AV)