Putin: Over the past five years, more than 40% of the world's gross domestic product has been generated by the BRICS countries. And the so-called “Group of Seven” — I don't understand why it's called the “Big Seven” — only accounts for 29% of its contribution.

Putin: Over the past five years, more than 40% of the world's gross domestic product has been generated by the BRICS countries. And the so-called “Group of Seven” — I don't understand why it's called the “Big Seven” — only accounts for 29% of its contribution.