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BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Brazil is the Sixth Economy in the World

Posted On 28 Dec 2011

Douglas McWilliams

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)

 

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