It is not China or India but Brazil that leads the BRIC into superpower status as oil reserves triple and smart energy self reliance takes effect
Kurtis Meham
Jun. 26, 2008

The oil price rise has shifted the table over United States. Bush-Clinton mismanagement of fiscal and energy policies has made it possible that US will no longer be a superpower after 2012. Every superpower’s down fall is marked by a sense less leadership and a devastating war. This one is no different.

The Brazil, Russia, India and China (BRIC) are new set countries that will take over the leadership in UN. The Europeans and the Americans will be seated behind these new superpowers in the next decade.

But within the BRIC nations, Brazil is the real budding super power – not China and India. Russia will be a superpower soon if they can manage their affairs prudently. India has performed the worst among the BRIC chasing American dollars and military power. Indian leadership has proved that they lack common sense. People in India face massive inflation from energy and food prices. China has also failed in the same way although they tried to exploit the Americans instead of selling their country to the superpower.

Brazils’s story is remarkable. Their energy independence is a lesson for India and China. Brazil and India compete in sugar production. While Brazil used its sugar for biofuel, India could do little because of lack of common sense and education among the Indian leaders.

Brazil's President Luiz Inacio Lula da Silva said the country will at least triple its oil reserves from exploration of a new offshore area that includes the Western Hemisphere's largest discovery since 1976.

Petroleo Brasileiro SA, the state-controlled oil company, is investing more than $10 billion to build two refineries to handle expanding output of heavy crude oil from its Campos basin fields, the source of about 80 percent of Brazil's output. A 150,000-barrels-a-day refinery in Rio de Janeiro will make products for the petrochemical industry and a 200,000-barrel-a- day refinery near the northeastern city of Recife will produce vehicle and other fuels. Petrobras also plans to build at least two more Brazilian refineries.

It is not China or India but Brazil that leads the BRIC into superpower status as oil reserves triple and smart energy self reliance takes effect
Kurtis Meham
The oil price rise has shifted the table over United States. Bush-Clinton mismanagement of fiscal and energy policies has made it possible that US will no longer be a superpower after 2012.
READ MORE>>

McCain’s only hope – if terror strikes again, he can convince people that Al-Queda is the only threat
Surjit Chawla
Senator John McCain is losing the popularity game. His biggest baggage is Bush Administration. His biggest offense is the hope terror strikes America again before the November election.
READ MORE>>

Power sharing in Zimbabwe taking the same form as Musharraf in Pakistan
Balaji Reddy
International pressure is creating the stage where Mugabe and Tsvangirai will share power in a transitional government with Mugabe as president and Tsvangirai as Prime Minister.
READ MORE>>

Musharraf plays his first tactic - former PM Nawaz Sharif' barred from contesting parliamentary by-elections scheduled for June 26 – is Zardari behind it?
Nitin Shah
The signs were clear right from the beginning. Musharraf’s judges are determined to keep the dictator in power.
READ MORE>>

MORE ARTICLES >>