Commerzbank

From strength to strength: Trade is vital for the future of India’s economy

Of all the BRICS countries, India has been the stand-out economic performer in the last few years. Alexander Rost, Regional Head Indian Subcontinent & ASEAN at Commerzbank, explains the factors behind its recent success, and sets out a blueprint for sustaining the country’s economy through industry and trade.
In recent years, BRICS countries, on the whole, have faced significant political and economic challenges.

Brazil: Building prospects through trade

Brazil must diversify its trade portfolio to include certain industrial areas where it can truly compete on a global level [Xinhua]
Brazil’s economy has suffered a series of setbacks and pitfalls in the midst of political crises in the past two years.
Earlier this week, President Dilma Rousseff was temporarily removed from office pending a trial as the country’s leaders face down a number of corruption allegations and a barrage of negative economic news.

Sanctions and Airliners

The unilateral US sanctions announced by Obama on July 16 blocking Russian weapons and energy companies access to US bank loans demonstrate Washington’s impotence. The rest of the world, including America’s two largest business organizations, turned their backs on Obama. The US Chamber of Commerce and the National Association of Manufacturers placed ads in the New York Times, Wall Street Journal, and Washington Post protesting US sanctions.