Russia: BRICS must "consolidate" influence on world arena - Rousseff

The BRICS nations need to "consolidate" the organisations "role" and "influence" on the world arena, Brazilian President Dilma Rousseff said at the BRICS summit in Ufa, Thursday. Discussing the current "world crisis," the Brazilian leader nonetheless praised the BRICS nations for providing "40 percent of the world's growth." Rousseff added that enhancing the capital flow within BRICS would bring even more benefits both for the BRICS and the national economies of the respective countries, especially so given the "current international scenario." These benefits will not only benefit BRICS but the entire world, Rousseff concluded. The BRICS summit comes ahead of the 15th meeting of the Council of Heads of State of the Shanghai Cooperation Organisation (SCO) on July 9 and 10, also taking place in Ufa. In total, 10,000 visitors are expected at the two events