The Brazil backlash, from The Economist

NOT long ago, the BRICs were lionised as fast-growing superpowers-in-waiting. These days Russia is portrayed as a corrupt petrostate. India is ensnared in red tape, unable to muster the political will to break free. The mighty Chinese economy has slowed …

Brazil is now the worlds 6th largest economy in the world

Commenting on news that Brazil surpassed the United Kingdom and will be at the end of 2011, the sixth largest economy in the world, Brazilian finance minister, Guido Mantega said on Monday that although Brazil grow at rates above developed …