Russia With Putin Should Be One Of The World's Top Five Economies By 2020

Russia may well improve its standing in the list of the world's most powerful economies in the next eight years, says the UK-based Center for Economics and Business Research. According to the UK-based Center for Economics and Business Research (CEBR), Russia would rise to fourth spot from its current position of ninth in the next eight years. With India and Brazil also forecast to climb the ratings, the BRIC economies will take four out of the six top positions in the list. The USA, China and Japan are expected to hold their respective first, second and third places. In general, the CEBR League Table, which is based on data from the International Monetary Fund, indicates Europe's decline is set to continue. While the EU will remain the world's largest trading bloc, the downward trend can clearly be seen: Germany is expected to fall from fourth position in 2011 to seventh in 2020, the UK from seventh to eighth and France from fifth to ninth. Political analyst and author Adrian Salbuchi attributed the positive economic forecast for Russia to the fact that it "kept itself aloof of this parasitic global banking and financial system." /// Vladimir Putin is the most popular leader in modern Russian history, although you'd never know it by reading the Western or Russophobic media. Putin's huge popularity derives from many factors. He is personally clever and charismatic. He worked tirelessly to improve the lives of ordinary Russians and restore the country to its former ...

View Count: 89 Date: December 28, 2011