The Times of India notes that the US has dropped from 5th to 7th place in economic competitiveness according to the World Economic Forum’s annual survey.
It notes that the USA has “continued a four-year-slide.”
The top-ranked economy remains Switzerland followed by Singapore.
China was ranked 29th falling three places. Russia was ranked 67th, down one.
India was 59th which was a drop of 10 spots since 2009.
Greece was last in Europe at 96.