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Brazil, Russia, India, China and South Africa represent the world's most powerful emerging economies, and expectations are high that they will establish a new financial institution to counter the influence of the World Bank and International Monetary Fund. AL Jazeera's Gerald Tan reports. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website http://www.aljazeera.com/ AL Jazeera's Gerald Tan reports.

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