Tuesday, December 27, 2011

Brazil - overtakes UK in economic league table. The world's sixth largest economy with the UK slipping to seventh

Published on Dec 27, 2011 by
http://www.euronews.net/ Brazil has topped the United Kingdom in the World Economic League Table. The British based Centre for Economics and Business Research - the CEBR - said Rio is now the world's sixth largest economy with the UK slipping to seventh.

The South American nation has a population of about 200million more than three times that of the UK.

The country's economy grew by 7.5 percent last year though the government has cut its growth forecast for 2011 to 3.5 percent.

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