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Risk of bloc formation: BRICS versus G7

Vladimir Putin speaks at the opening ceremony of the BRICS Summit

The Western world stares at an eight-day marathon of events over the next few days, including the EU summit in Brussels, the G7 meeting in Elmau, and the NATO summit in Brussels. And as far as the war in Ukraine is concerned, the participating leaders agree, at least in principle: Russia is the aggressor in this conflict. The country is sanctioned, and Russian President Vladimir Putin is ostracized.

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