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LOST シーズン1～6 COMPLETE DVD-BOX
LOST シーズン1～6 COMPLETE DVD-BOX
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Brazil Overtakes Britain as World's 6th Largest Economy


December, 2011


A leading economic research group says Brazil has overtaken
Britain as the world's sixth-largest economy. The London-based
Center for Economics and Business Research says Britain lost
out to the South American country in 2011 and will likely slide
further as faster-growing economies such as Russia and India
surge ahead.

After a tough recession and a banking crash, Great Britain has
fallen to 7th place, behind larger and faster-growing Brazil.

The South American country expanded at a three percent rate in
2011 and is projected to grow five percent in 2012.

Economist Armando Castelar says the new ranking is unimportant,
but he adds it is a confidence builder for Brazil.

"The position is more about statistics than economics," he says.
"The economy is what really matters. "But," he adds, "it has a
psychological effect that helps with attracting investments,"
Castelar said.

Brazil, one of the so-called BRIC countries, which includes Russia,
India and China, is an economic success due largely to exports
of manufactured goods, iron ore and agricultural products to
the Far East. But Brazil has big plans.

Brazil's Finance Minister Guido Mantega says Brazil hopes to
become the fifth largest economy by 2015, surpassing France.

Brazil's rise has been relatively swift, taking seventh place from
Italy in 2010. The United States, China, Japan and Germany are
the four biggest national economies. But with Europe struggling
to contain a raging debt crisis, some economists say Russia and
India could overtake Germany and France in the next ten years.


The end


(From a part of VOA)

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