Celebrate Labor Day 2023 with joy and enthusiasm!

President Joe Biden, renowned for his pro-union stance, marked Labor Day 2023 by attending the annual Tri-State Labor Day Parade in Philadelphia. During his speech, he underscored the importance of unions in the United States and highlighted the nation's economic recovery from the COVID-19 pandemic. President Biden celebrated Labor Day by emphasizing the significance of good-paying, family-supporting union jobs. He also drew attention to positive trends in the job market, with the U.S. adding jobs, and more people actively seeking employment, which he hopes to leverage in his bid for reelection in 2024. Biden highlighted that the country is experiencing a robust job-creating period, with 187,000 jobs added in August, despite the Federal Reserve's high-interest rates. The report from the Labor Department indicated a rise in the unemployment rate from 3.5% to 3.8%, the highest since February 2022. However, this increase was seen as encouraging because 736,000 people actively

BRICS 2023 focused on global economic strategies

  The fifteenth BRICS summit , taking place in Johannesburg from August 22nd to 24th, marks a significant milestone as the first in-person gathering since the emergence of the Covid-19 pandemic in 2019. It's noteworthy that South Africa held the preceding in-person summit in 2018. Originating from an acronym, BRICS gained prominence through the efforts of Terence James O’Neill, a prominent economist and head of Global Economic Research at Goldman Sachs. Back in 2001, he introduced the term BRICs—representing Brazil, Russia, India, and China—in a paper titled "Building Better Global Economic BRICs." This acronym highlighted the growing significance of these nations, urging the G7 to incorporate BRIC representatives. Despite the suggestion, the G7 did not take this step. Subsequently, in 2003, another paper titled "Dreaming with BRICs.  The Path to 2050" suggested that these nations could outpace major Western economies by 2039 . This concept gained traction as