The bloc of developing countries will have a larger share of global growth than the Group of Seven major economies The BRICS group – Brazil, Russia, India, China, and South Africa – is expected to increase their share of the global economy to nearly 35% by 2028, Bloomberg reported on Monday. According to the outlet’s calculations based on the latest IMF data, this year, the BRICS countries will contribute 32.1% of the world’s growth, compared to the G7’s 29.9%. The Group of Seven nations (G7), consisting of the US, UK, Canada, France, Germany, Italy, and Japan, is considered the most advanced economic bloc of coun
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