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BRICS cut deals, can't agree on development bank (2:23)
March 27 - BRICS nations failed to resolve their differences over the funding for and the location of a proposed joint development bank at their summit in Durban. But they did launch a business council, aimed at increasing trade and investment ties between members, as the nations look to covert their economic power into political clout. Joanna Partridge reports ( Transcript )
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