Yves here. The viewpoint expressed in this article will not go over well in some circles, since the BRICs have insisted that they have the same right to pollute as much as first world countries did in getting to their living standard. But the problem is the planet cannot remotely support everyone in emerging economies living at first world living standards, at least the way we produce them now. And that isn’t operative only the energy and greenhouse gasses fronts. We’ll all need to eat lower down on the food chain as well.
Trade ministers from the BRICS group of emerging world economies spoke Wednesday of the need to strengthen the bloc's internal trade as an antidote to problems in Europe.The ministers were meeting in New Delhi ahead of a summit Wednesday to be attended by the leaders of all five BRICS nations -- Brazil, Russia, India, China and South Africa.Although trade between them is booming, Indian Commerce Minister Anand Sharma said it was nowhere near the levels one might expect from a grouping that comprises 40 percent of humanity.
In case you wanted more evidence that tablets and smartphones are disrupting the traditional TV viewing experience, here are some startling new survey stats from Motorola about how people consume TV and movies these days... The highlights:
International vehicle sales have been increasing steadily in past two years with the recovery in global economic crisis and booming international economies, especially in the BRIC countries. Auto industry trends reveal that emerging markets such as Brazil, Russia, China and India markets will account for 90% of global auto sales growth as they are backed by their huge population growth rate and rising middle class income levels.
By Shareholders Unite:We are bearish on the markets as growth is slowing and the euro-crisis looks like it could escalate out of control. So we look for markets that are still booming and stocks that can profit from that.One of the booming markets in the world right now is that of liquid natural gas (LNG), especially in Asia. A stock to profit from that is InterOil (IOC).