The Labor Party’s draft national platform 2023 makes no mention of BRICS. The platform does not need to mention everything and too much detail is frowned upon nowadays. But the emergence and likely expansion of BRICS is an important development. The BRICS is an association of Brazil, Russia, India, China, and South Africa. These countries […]
All About Foreign Reserves
What are foreign reserves? Foreign reserves, also known as foreign exchange reserves, refer to a country’s holdings of foreign currencies and other assets that are used to support its international transactions and stabilize its economy. These reserves typically include foreign currencies, such as U.S. dollars, euros, and yen, as well as gold, special drawing rights […]