Brazil Outperformed by Other BRIC Nations

By Ben Tavener, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Brazil has been outperformed by the other three BRIC countries, figures for the second quarter of 2011 have revealed. From the traditional BRIC (Brazil, Russia, India, China) group of emerging global economies, Brazil grew the least, following poor results from the country’s industrial and agricultural sectors.

Although China and India traditionally lead the group, Russia’s economy has been buoyed by higher commodity prices in recent months, due partly to higher oil prices . . .

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