A quick hit from the International Business Times:
In what is likely a changing of the guard in the global economic landscape, the surging economy of Brazil has supplanted the United Kingdom as the world’s sixth largest economy, according to The Centre for Economics and Business Research (CEBR).
CEBR chief executive Douglas McWilliams spoke to BBC about the rise
of Brazil and decline of Britain as part of a larger and ongoing trend.
"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," he said....MORE
And from
the BBC:
....And it said European countries would drop down the table, with
Germany falling from fourth in 2011 to seventh in 2020, the UK from
seventh to eighth, and France from fifth to ninth.
CEBR World Economic League Table
|
|
Rank
|
2011
|
2020 (forecast)
|
1
|
US
|
US
|
2
|
China
|
China
|
3
|
Japan
|
Japan
|
4
|
Germany
|
Russia
|
5
|
France
|
India
|
6
|
Brazil
|
Brazil
|
7
|
UK
|
Germany
|
8
|
Italy
|
UK
|
9
|
Russia
|
France
|
10
|
India
|
Italy |
