Brazil’s Rousseff in Russia to Meet Leaders for BRICS Summit

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Brazil’s President Dilma Rousseff arrived in Ufa, Russia on Wednesday for the seventh BRICS summit, where member countries (Brazil, Russia, India, China and South Africa) will launch the New Development Bank (NDB).The five BRICS countries represent one-fifth of the world’s economy and holds forty percent of the world’s population.

“It will be a special moment for the bloc, with the creation of the New Development Bank,” Rousseff was quoted as saying during a meeting with Russian leader, Vladimir Putin.

According to Putin last year the . . .

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