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‘BRICS’ nations to form development bank to rival World Bank, IMF

BrazilRussiaDilma RousseffXi JinpingVladimir Putin
The leaders of so-called BRICS nations: Russian President Vladimir Putin, left; India Prime Minister Narendra Modi; Brazilian President Dilma Rousseff; Chinese President Xi Jinping; and South African President in Fortaleza, Brazil, for the BRICS Summit. Nelson Almeida / AFP/Getty Images
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