Russia, Brazil | featured news

Leaders of the five BRICS nations fueling global economic growth plan the creation of a development bank in a direct challenge to the World Bank that they accuse of Western bias.

The economies of Brazil, Russia, India and China account for 20 percent of the world economic output, and rising. That’s up four fold in the last decade, according to a report released yesterday by the International Monetary Fund. Despite the growth, problems in the core economies had made the post-2008 world a difficult one for the big four emerging markets.

As his global teleconference broke up in disarray on September 11, 2001, a top economist at a U.S. investment bank began to ponder what the attacks on the United States might tell him about the future shape of the world.

The most recent statistics according to the IE6 Countdown shows that the world as a whole is at 10.9% usage on IE6. The United States, Turkey, Canada, Brazil, Russia, Australia, New Zealand and the UK are at the top (bottom) of the list with under 3% of overall browsers running as IE6. Norway leads everyone at 0.4% and their neighbors in Finland are at 0.8%.

Predictions have the major emerging markets—Brazil, Russia, India and China, a.k.a. the BRICs—overtaking the combined GDP of the G7 nations by 2027, nearly a decade sooner than the forecast in a landmark study a few years back.