End of preview - This article contains approximately 460 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Weekly Report - 10 January 2013 (WR-13-01)
UK overtakes Brazil
Despite stumbling along since the 2008 global economic crisis struck, the United Kingdom has managed to recover from Brazil its position as the world’s sixth largest economy (in nominal US$ terms), following a below par performance by Brazil last year. Indeed, according to the latest consensus estimate compiled by the Brazilian central bank, the economy barely registered any growth at all in 2012, with a real GDP result of just 0.98% year-on-year. This despite full employment and myriad government stimulus packages, including tax incentives and temporary protectionist measures.
- Morales gets new lease of energy
- VENEZUELA: Chávez excused formality of swearing-in
- TRACKING TRENDS
- CHILE: Mapuche conflict escalates dramatically
- BRAZIL: Mensalão guilty take office
- UK overtakes Brazil
- ARGENTINA: Fernández lashes out
- TRACKING TRENDS
- MEXICO: Zapatistas make comeback
- MEXICO: Key education reform approved
- MEXICO: Homicides down; perception of violence improves
- TRACKING TRENDS
- REGION: Concern over Petrocaribe’s future grows
- TRACKING TRENDS
- Correa rocked by central bank scandal
- Quotes of the week