Economist.com | WTO ruling against America

In a blow to the egos of Americans, WTO has supported a developing country (Brazil) against America. Although, the entire America is not going to to affected by this ruling, this is a landmark ruling in terms of
attitude shown by the World Trade Organisation, against the mighty Americans. full news here...
Economist.com | WTO ruling against America

IN the worlds of Roberto Azevedo, the legal advisor to Brazil's foreign minstry "This is a precedent and this is a war that must continue." So what's there for us.

We have so much things to gain. If you can clear election dust, and wipe "India Shining" hypes, 2-3 months before, a delegation from Brazil was in India, to meet the high officials to discuss about a possible FTA (Foreign Trade Agreement) with Brazil. More to that, the BRIC Report (Brazil, Russia, India & China Report for 2040 ... chk this for India set to rank third by 2040) Brazil place a major economy for us to develop mutually.

What is more important with this is, India, as largely perceived as a IT destination, is more of an agrarian economy. With these kind of ruling from WTO, certainly, the subsidies needed to be taken off fro n the Developed countries, so we have one more reason to go back to agriculture..

The bells are just started...the whistle is just blown....sometime in the near future, before our death, we could see the same whites, works in Indian salaries, under us.