{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Rousseff, Putin, Xi and Sharma speak at BRICS summit breakfast' data-url='/boclips/videos/5c54c3dad8eafeecae16461b' data-video-url='/boclips/videos/5c54c3dad8eafeecae16461b' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nRousseff, Putin, Xi and Sharma speak at BRICS summit breakfast\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003e1. Wide interior of BRICS summit in Durban during breakfast meeting with industry chiefs2. Wide heads of state walking onto stage3. Wide of audience applauding4. Close of Maite Nkoana-Mashabane, South African foreign minister5. Wide...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003e1. Wide interior of BRICS summit in Durban during breakfast meeting with industry chiefs\u003cbr/\u003e2. Wide heads of state walking onto stage\u003cbr/\u003e3. Wide of audience applauding\u003cbr/\u003e4. Close of Maite Nkoana-Mashabane, South African foreign minister\u003cbr/\u003e5. Wide heads of state seated on the stage \u003cbr/\u003e6. SOUNDBITE (Portuguese) Dilma Rousseff, president of Brazil:++INCLUDES CUTAWAY++\u003cbr/\u003e\"The business council emerged in a point in time that is marked by deep economic changes, sweeping changes that have in turn have made our BRICS nations in particular key stakeholders and players in the future of the global economy. For the very first time back in 2012, developing countries attracted more FDI (Foreign Direct Investment) than developed countries. The BRICS countries alone were the destination of no less than 263 (b) billion dollars in investment flows, the equivalent of 20 percent of the overall FDI worldwide.\" \u003cbr/\u003e7. Mid of leaders listening including (left to right) Russian president Vladimir Putin, South African president Jacob Zuma, Chinese premier Xi Jinping\u003cbr/\u003e8. Wide of breakfast meeting, Vladimir putting approaching podium\u003cbr/\u003e9. SOUNDBITE (Russian) Vladimir Putin, president of Russia:\u003cbr/\u003e\"Our countries have 40 percent of  of the planet's population. BRICS nations have large natural resources, have a well-prepared industrial basis, and well trained staff. We create about 30 percent of the world's GDP. That's just under 27 percent.\"\u003cbr/\u003e10. Mid of delegates listening\u003cbr/\u003e11. Wide interior breakfast meeting, Indian Trade Minister, Anand Sharma speaking on stage\u003cbr/\u003e12. SOUNDBITE (English) Anand Sharma, Indian trade minister:\u003cbr/\u003e\"For the last five years, there's not only been turbulence, but a downturn. And the events which occurred because of the financial crisis and the economic crisis have adversely impacted every country. It's true that during difficult times the BRICS countries have rebounded and we are driving engines of the global economic growth.\"\u003cbr/\u003e13. Mid Sharma on stage, BRICS leaders watching on\u003cbr/\u003e14. Mid of BRICS leaders\u003cbr/\u003e15. SOUNDBITE (Chinese) Xi Jinping, Chinese President:\u003cbr/\u003e\"Global economic growth rate is slow and BRICS economic growth is slowing but that does not mean that BRICS countries' economies are slipping down the slope. On the contrary, the potential of BRICS development is infinite. Industrialisation, urbanisation, spread of IT application and more agricultural modernisation will generate huge energy and will create big market opportunities.\"\u003cbr/\u003e16. Wide of audience applauding\u003cbr/\u003e17. Mid Zuma and Xi\u003cbr/\u003e18. Wide of BRICS leaders on the stage at the end of the breakfast session\u003cbr/\u003eLeaders from Brazil, Russia, China and India came together on Wednesday to discuss the problems facing the world's economy and what developing nations could do to improve the situation.\u003cbr/\u003eSpeaking at a breakfast meeting on the second day of the BRICS summit in Durban, leaders from the world's largest developing economies took turns to talk about what could be done to alleviate the global economic downturn. \u003cbr/\u003eRussian president Vladimir Putin spoke about the influence BRICS nations now wield over the global economy. \u003cbr/\u003e\"Our countries have 40 percent of  of the planet's population. BRICS nations have large natural resources, have a well-prepared industrial basis, and well trained staff. We create about 30 percent of the world's GDP. That's just under 27 percent,\" he said. \u003cbr/\u003e\"We are driving engines of the global economic growth,\" announced India's trade minister Anand Sharma. \u003cbr/\u003eAs the euro crisis continues and the West shows little signs of growth, the World Bank says that global economic growth is increasingly dependent on the BRICS countries, which account for 27 percent of global purchasing power and 45 percent of the world's workforce.\u003cbr/\u003eChina already has become Africa's biggest trading partner, overtaking traditional colonial partners from Europe, and BRICS countries aim to continue increasing trade among themselves. \u003cbr/\u003eXi Jinping, China's president also addressed business leaders at the BRICS business meeting.  \u003cbr/\u003e\"The potential of BRICS development is infinite,\" he said, \"industrialisation, urbanisation, spread of IT application and more agricultural modernisation will generate huge energy and will create big market opportunities.\"\u003cbr/\u003eIntra-BRICS trade flows have ballooned to 282 (b) billion US dollars last year from 27 (b) billion US dollars in 2002.\u003cbr/\u003eThis week's fifth BRICS summit is concentrating on Africa with the theme \"BRICS and Africa: A partnership for development, integration and industrialisation\" and South Africa has invited more than 20 African leaders to join the discussion. \u003cbr/\u003eThe forum is working to boost and enrich ties with Africa, yet at the same time all non-African members are competitors for Africa's resources, especially oil and coal for energy. \u003cbr/\u003eThe conference comes as some ask whether Africa is sliding into a neo-colonial relationship with China, which is basically buying the continent's raw minerals and oil while exporting it manufactured goods, following a pattern set when Africa was colonised by European nations.\u003cbr/\u003eChina and Brazil signed an agreement Tuesday to do (b) billions of dollars of trade in their local currencies, as the five-nation BRICS forum of emerging market powers\u003cbr/\u003ework to lessen dependence on the US dollar and euro.\u003cbr/\u003eSeveral other agreements are expected to be signed during the two-day summit in South Africa's coastal resort city of Durban, including in defence, education, energy, science and technology, agriculture and transport, according to South African government officials.\u003cbr/\u003eSouth African ministers have said they are hopeful of agreement to establish a BRICS development bank, though many modalities still have to be worked out.\u003cbr/\u003eLeaders of the five BRICS nations fuelling global economic growth plan the creation of a development bank in a direct challenge to the World Bank that they accuse of Western bias.\u003cbr/\u003eThe bank would use 50 (b) billion of seed capital shared equally between Brazil, Russia, India, China and South Africa but would undoubtedly be dominated by China. \u003cbr/\u003eIt would be the first institution of the informal forum started in 2009 amid the economic meltdown to chart a new and more equitable world economic order.\u003cbr/\u003eThe first four countries established the forum in 2009, amid the economic meltdown in the West, saying they were uniting to work toward a more equitable world economic order and one that makes them less dependent on the volatility of the US dollar and the euro.\u003cbr/\u003eSouth Africa joined the forum two years ago.\u003cbr/\u003eIt is Chinese President Xi Jinping's first official trip to Africa, and the first BRICS summit since Vladimir Putin was returned to the Kremlin as president of Russia.\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='resource-details-heading'\u003eResource Details\u003c/h2\u003e\n\u003cdiv class='rp-resource-details clearfix'\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eCurator Rating\u003c/dt\u003e\n\u003cdd\u003e\u003cspan class=\"star-rating\" aria-label=\"3.5 out of 5 stars\" role=\"img\"\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid fa-star-half-stroke text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-regular fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003c/span\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt class=\"educator-rating-title\"\u003eEducator Rating\u003c/dt\u003e\u003cdd\u003e\u003cdiv class=\"educator-rating-details\" data-path=\"/educator_ratings/rrp_data?resourceable_id=890093\u0026amp;resourceable_type=Boclips%3A%3AVideoMetadata\"\u003e\u003cspan class=\"not-yet-rated\"\u003eNot yet Rated\u003c/span\u003e\u003c/div\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eGrade\u003c/dt\u003e\u003cdd title=\"Grade\"\u003eHigher Ed\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eSubjects\u003c/dt\u003e\u003cdd\u003e\u003cspan\u003e\u003ca href=\"/search?grade_ids%5B%5D=259\u0026amp;search_tab_id=1\u0026amp;subject_ids%5B%5D=1216220\"\u003eAll Subjects\u003c/a\u003e\u003c/span\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eMedia Type\u003c/dt\u003e\u003cdd\u003e\u003cspan\u003e\u003ca href=\"/search?grade_ids%5B%5D=259\u0026amp;search_tab_id=2\u0026amp;type_ids%5B%5D=4543650\"\u003eNews Clips\u003c/a\u003e\u003c/span\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eSource:\u003c/dt\u003e\n\u003cdd\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eDate\u003c/dt\u003e\n\u003cdd\u003e2013\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003ci aria-hidden='true' class='fai fa-solid fa-language'\u003e\u003c/i\u003e\n\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eAudiences\u003c/dt\u003e\u003cdd\u003e\u003cspan\u003e\u003ca href=\"/search?audience_ids%5B%5D=371079\u0026amp;grade_ids%5B%5D=259\u0026amp;search_tab_id=1\"\u003eFor Teacher Use\u003c/a\u003e\u003c/span\u003e\u003c/dd\u003e\u003cdd class=\"text-muted\"\u003e\u003ci class=\"fa-solid fa-lock mr5\"\u003e\u003c/i\u003e2 more...\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='concepts-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='concepts-heading'\u003eConcepts\u003c/h2\u003e\n\u003cdiv class='clearfix'\u003e\n\u003cdiv class='details-list concepts' data-identifier='Boclips::VideoDecorator' data-type='concepts'\u003eeconomic growth, south africa, spices, south asia, international relations, russia, asia, business, economy, east asia, africa, china, europe, eastern europe, brazil, south america, india\u003c/div\u003e\n\u003cdiv class='concepts-toggle-buttons' data-identifier='Boclips::VideoDecorator'\u003e\n\u003cbutton aria-expanded='false' class='more btn-link' type='button'\u003e\n\u003cspan\u003eShow More\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-down ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003cbutton aria-expanded='true' class='less btn-link' style='display: none;' type='button'\u003e\n\u003cspan\u003eShow Less\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-up ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='additional-tags-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='additional-tags-heading'\u003eAdditional Tags\u003c/h2\u003e\n\u003cdiv class='clearfix'\u003e\n\u003cdiv class='details-list keyterms' data-identifier='Boclips::VideoDecorator' data-type='keyterms'\u003egreater china, vladimir putin, jacob zuma, banking and credit, development banking, bricks, southern africa, brazil government, international agreements, brics countries, financial crisis, maite nkoana-mashabane, summits, durban, called, dilma rousseff, anand sharma, events, xi jinping, general news, government and politics, financial services, latin america and caribbean, industries, president, financial markets, china government, russia government\u003c/div\u003e\n\u003cdiv class='keyterms-toggle-buttons' data-identifier='Boclips::VideoDecorator'\u003e\n\u003cbutton aria-expanded='false' class='more btn-link' type='button'\u003e\n\u003cspan\u003eShow More\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-down ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003cbutton aria-expanded='true' class='less btn-link' style='display: none;' type='button'\u003e\n\u003cspan\u003eShow Less\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-up ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='educator-ratings-heading' class='rp-info-section'\u003e\n\u003ch2 class='title sr-only' id='educator-ratings-heading'\u003eEducator Ratings\u003c/h2\u003e\n\u003cdiv id=\"educator-ratings-root\"\u003e\u003c/div\u003e\u003cdiv id=\"all-educator-ratings-root\"\u003e\u003c/div\u003e\u003cdiv id=\"educator-rating-form-root\"\u003e\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-resource'\u003e\n\u003cdiv aria-label='Show resource details' class='rp-show-info' role='button' tabindex='0'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\nShow resource details\n\u003c/div\u003e\n\u003cdiv aria-label='Video player' class='player' id='player-wrapper' role='region'\u003e\n\u003cdiv class='relative container mx-auto' id='lp-boclips-visitor-thumbnail'\u003e\n\u003ca class=\"block\" data-html=\"true\" data-placement=\"bottom\" data-trigger=\"click\" data-content=\"\u003cdiv class=\u0026quot;text-center py-2\u0026quot;\u003e\u003ca class=\u0026quot;bold\u0026quot; href=\u0026quot;/auth/users/sign_in\u0026quot;\u003eSign in\u003c/a\u003e or \u003ca class=\u0026quot;bold text-danger\u0026quot; data-posthog-event=\u0026quot;Signup: LP Signup Activity\u0026quot; data-posthog-location=\u0026quot;body_link_boclips\u0026quot; data-remote=\u0026quot;true\u0026quot; href=\u0026quot;/subscription/new\u0026quot;\u003eJoin Now\u003c/a\u003e\u003c/div\u003e\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Rousseff, Putin, Xi and Sharma speak at BRICS summit breakfast\" href=\"/subscription/new\"\u003e\u003cimg class=\"resource-img img-thumbnail img-responsive z-10 lp-boclips-thumbnail w-full h-full lozad\" alt=\"Rousseff, Putin, Xi and Sharma speak at BRICS summit breakfast\" title=\"Rousseff, Putin, Xi and Sharma speak at BRICS summit breakfast\" onError=\"handleImageNotLoadedError(this)\" data-default-image=\"https://static.lp.lexp.cloud/images/attachment_defaults/resource/large/missing.png\" data-src=\"https://static.lp.lexp.cloud/images/attachment_defaults/resource/large/missing.png\" width=\"315\" height=\"220\" src=\"data:image/png;base64,R0lGODlhAQABAAD/ACwAAAAAAQABAAACADs\" /\u003e\n\u003cspan aria-hidden='true' class='flex justify-center items-center bg-white rounded-full w-16 h-16 absolute top-1/2 left-1/2 -mt-8 -ml-8 cursor-pointer z-0 border-2 border-primary drop-shadow-md lp-boclips-thumbnail-playBtn'\u003e\n\u003ci class='fa-solid fa-play text-primary text-3xl ml-1 drop-shadow-xl'\u003e\u003c/i\u003e\n\u003c/span\u003e\n\u003c/a\u003e\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n"}