Global Economy facing trouble of slowdown but as a surprise Brazil has become the sixth biggest economy of the world.
The Brazilian economy is now worth $2.5tn (£1.6tn), according to source.Brazil is enjoying an economic boom because of high food and oil prices, which has led to rapid growth.With substantial oil and gas reserves continuing to be discovered off Brazil's coast in recent years.
The country is now the world's ninth largest oil producer, and they are working to enter the top five.
The country will host the 2014 World Cup, and Rio de Janeiro will be home to the 2016 summer Olympics. Brazil is now giving challenge to other nations like Russia, China & India.
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