GDP Per Person

The Age of BRIC Nation has arrived The chart suggest the change in GDP per person in last decade. BRIC nation have shown commendable growth in GDP person ( also consider the population of these countries )

Source - The Economist

Shifting Trends in World Trade

An enterprising Englishman in 1850s famously said that if the "could add an inch of material to every China man's shirt- tail, the mills of Lancashire could be kept busy for a generation " - Economist 

The next decade will see a role reversal in world trade. The devloping countries would be consuming and they will form the major chunk of reports .

World GDP and Trade

World trade is shrinking and it has been an indicator of growth of world GDP. the amount of cargo passing through the Suez Canal in Egypt. Approximately 8% of the world's international trade is estimated to flow through the canal, so it acts as a good early indicator of the prevailing economic conditions.

Oil and Demand Destruction

The ratio of Oil prices to World GDP has reached to a record level. Its a classic case of demand destruction where these high prices would end up hurting economies and killing the price surge. Moreover High prices would also make the oil producing countries to produce extra and glut would again destroy the prices. But right now its difficult to guess when and how...

Source : FT