Tag Archives: GDP rank

The world’s most powerful person

According to a survey in the Eurasia Group asking who the the most powerful people in the world are, nobody came out on top. Literally. The results, published in the Foreign Policy magazine, gives first spot to Nobody and thus highlighting that there is currently no clear leader in the world. The Russian president Vladimir Putin comes second in the list. The German chancellor Angela Merkel – weighing in at number 4 – and thus scores higher than both US president Obama and Chinese communist party head honcho Xi Jinping.

The full top 10 list is:

1. Nobody
2. Vladimir Putin
3. Ben Bernanke
4. Angela Merkel
5. Barack Obama
6. Mario Draghi
7. Xi Jinping
8 (tie). Ayatollah Khamenei
8 (tie). Christine Lagarde
10. King Abdullah Bin Abd al-Aziz

Australia’s economy set to overtake Spain’s

As if to confirm the global economic tilt towards the Asia-Pacific region, the US news service Bloomberg reports that Australia’s economy is set to overtake Spain’s this quarter to become the 12th biggest in the world.

However, given that global resource prices – especially iron ore – are coming back down, it remains to be seen whether Australia can continue to grow at the current level of 3.7% per year.