Free Newsletters - Space - Defense - Environment - Energy - Solar - Nuclear
..
. Earth Science News .




TRADE WARS
BRICS: a dynamic group dominated by China
by Staff Writers
Durban, South Africa (AFP) March 26, 2013


As the leaders of BRICS five emerging nations meet in Durban for a summit on Tuesday, economic data shows that the grouping of Brazil, China, India, Russia and South Africa now account for 25 percent of global GDP and 40 percent of the world's population.

Here are some facts and figures about BRICS:

China: Boasting the world's second largest economy -- trailing only the United States -- economic power-house China has become the informal leader of the group.

With a gross domestic product (GDP) of $8.25 trillion in 2012, the IMF estimates that the Chinese economy will climb by a whopping 8.2 percent in 2013.

In 2011, it clinched the No. 1 spot as exporter of goods.

It remains the globe's most-populated country, with 1.34 billion inhabitants.

Brazil: With a GDP of $2.425 trillion in 2012, Brazil is the world's seventh largest economy. It holds only a modest place in world trade activity, however, and experienced sluggish growth of one percent last year.

The Brazilian economy, with its population of 196 million people, is forecast to grow 3.5 percent this year.

Russia: Ranking ninth on the list of the world's biggest economies, Russia accumulated a GDP of $1.953 billion in 2012, boosted mainly by its gas exports, making it the world's eighth largest exporter.

With a population of 141.9 million, Russia has managed to fend off much of the financial fallout caused by the European debt crisis, and despite experiencing a slight slow-down in economic growth in 2012, its economy is forecast to jump 3.7 percent in 2013.

India: Despite its population of 1.24 billion, India remains a smaller player among the world's economies, falling into a 10th place with a GDP worth 1.946 trillion.

After shrinking from 7.9 percent to 4.5 percent growth between 2011 and 2012, India's economy is expected to expand 5.9 percent this year.

South Africa: Smallest of the BRICS economies is South Africa. Placing 41st world exporters, the country has a GDP of $390 billion and a population of 50.5 million.

Having suffered amid the global financial down-turn, South Africa's economy is forecast to grow by 2.8 percent this year and by 4.1 percent next year.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





TRADE WARS
Resources giveaway in Latin America tramples human rights and environment
Bogota, Colombia (SPX) Mar 26, 2013
A new study reveals that governments in Latin America have returned to natural resources extraction to fuel development-while paying scant attention to the impact mining, oil exploration and other activities have on the environment or on the people who own the land. The study, which reported on both domestic and international investments, was released at the 14th Rights and Resources Initiative ... read more


TRADE WARS
Disasters caused $186 bn in damage last year: Swiss Re

Outside View: Homeless youth awareness

Britain enhancing SAR services

Los Angeles drills response to 7.8 quake

TRADE WARS
DARPA Envisions the Future of Machine Learning

Removing orbital debris with less risk

New 'BioShock' game takes aim at American taboos

Japan finds rich rare earth deposits on seabed: study

TRADE WARS
Short of water, Peru's engineers 'make our own'

'Water Security': Experts propose a UN definition on which much depends

Additional research must be done to ensure safety of pit latrines

Lockheed Martin Moves Closer to Affordable Water Desalination

TRADE WARS
The long winter ahead

For polar bears, it's survival of the fattest

NASA Begins New Season of Arctic Ice Science Flights

Significant contribution of Greenland's peripheral glaciers to sea-level rise

TRADE WARS
Climate change rewrites world wine list

Pesticides short-circuit bee brains: study

Brazil grocers pledge to shun Amazon meat

Brazil supermarkets to keep Amazon meat off shelves

TRADE WARS
Iceland sees unusual seismic activity at Hekla volcano

Huge and widespread volcanic eruptions triggered the end-Triassic extinction

Two quakes rattle Mexico

Six killed, 11 missing in Indonesian landslide: official

TRADE WARS
China an inspiration for S.Africa, Zuma tells Xi

Call for probe into S.Africa military presence in C.Africa

Sierra Leone sends 850 soldiers to Somalia

China's Xi vows to 'intensify' ties with Africa

TRADE WARS
Patents said threat to 'genomic liberty'

'End of Men'? Not Even Close, Says UC San Diego Report on Gender in the Professions

Wireless, implanted sensor broadens range of brain research

Early human artwork went unrecognized




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement