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In Kazan, Russia, Russian President Vladimir Putin is welcoming numerous heads of state and government to the so-called Brics summit. In addition to the eponymous states, the Brics alliance includes Brazil, Russia, India, China, South Africa, and since January also Iran, Egypt, Ethiopia and the United Arab Emirates. The Brics group is opposed to the Western alliance of the G7 and wants to reduce Western dominance. Rolf Langhammer from the Kiel Institute for the World Economy explains on ZDFheute live how powerful the Brics alliance is, the importance of a common currency and what the economic future of the Brics states depends on. _____ Here on ZDFheute News you can find out what is happening in the world and what concerns us all: We provide insight into the world of news, explain the background and respond to social debates. Discuss with us in live streams and form your own opinion based on the facts we present to you. Subscribe to our channel so you don't miss anything. You can always stay up to date at http://www.ZDFheute.de/. #brics #g7 #economy