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BRICS Leaders Gather in Russia for Economic Summit

Representatives of the five BRICS nations -- Brazil, Russia, India, China, and South Africa -- are gathering in the Russian city of Ufa Thursday for their annual summit amid tight security. The group is to begin this month operating a $100 billion currency pool seen as an alternative to the International Monetary Fund. The BRICS New Development Bank is expected to start financing infrastructure projects in the five BRICS nations next year. Representatives from the five nations...

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