12 Fast emerging World Markets

According to a report by global management consulting firm A.T.Kearney, 12 countries at the moment are the fastest emerging markets in the world, with Brazil ranking top on the list.

With upcoming Olympics and World Cup Brazil is expecting to see up to $50 billion in investment. The biggest challenges for international retailers are high import taxes and seasonal differences. The other eleven are Uruguay, Chile, India, Kuwait, China, Saudi Arabia, Peru, United Arab Emirates, Turkey, Lebanon and Egypt with India ranking 4th on the list.


Source: http://www.rediff.com/business
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India third most powerful nation says the US report

India is listed as the third most powerful country in the world after the US and China and the fourth most powerful bloc after the US, China and the European Union according to a new report released in US.

In 2010, the US tops the list of powerful countries/regions, accounting for nearly 22% of the global power.

The US is followed by China (more than 12%), European Union (more than 12%), India (nearly 8%). India is followed by Japan, Russia and Brazil with less than 5% each.

According to this international futures model, by 2025 the power of US, EU, Japan and Russia would decline while that of China, India and Brazil would increase, even though there would be no change in this listing. By 2025, the US would still be the most powerful country of the world, but it would have a little over 18% of global power. The US would be closely followed by china (nearly 16%), EU (14%) and India (10%).

Source: TOI