Norway is one of the wealthiest and most advanced economies in the world. — In 2021, Norway’s GDP per capita was 89k dollars, one of the highest in the world.

How Switzerland Become One of The Most Advanced Economies In The World — Switzerland is known for its beautiful tourist sites and Banking system. In 2021, Switzerland’s nominal GDP was 812 billion dollars, with a population of only 8.6 million people. Switzerland’s GDP per capita has gone from 1.7k dollars in 1960 to 93k dollars in 2021. It is one of the wealthiest…

How a Hedge Fund Nearly Collapse The Global Financial Market — In the 1990s, a Hedge fund was founded by the smartest guys on wall street, Every institutional investor believe them, and large banks were willing to give them special conditions to borrow money to invest. But in a few years, this hedge fund would come close to collapsing the global…

How Iceland Economy Collapsed During Financial Crisis of 2008 — Iceland is a small country with only 366k inhabitants, But despite the size of its economy, its GDP per capita is 68k dollars, one of the highest in the world.

How Ireland Become The Fifth RICHEST In The World — Ireland is the fifth richest economy measured by GDP per capita, below Luxembourg and Bermuda.

Why Luxembourg is One of the Wealthiest Economies In Europe — Luxembourg is the smallest and one of the wealthiest economies in Europe. Luxembourg is 47 times smaller than New York City. But its GDP per capita is 115k dollars. It is one of the highest in the world. Many large banks around the world have their European headquarter in Luxembourg…

Black Wednesday: George Soros’s Bet Against Britain — On 15 September 1992, George Soros started building a massive short position against the pound. Soros was desperate to increase the size of his position. Soros wanted sterling from anyone who could lend him, So he could sell on the open market to bring down sterling. When the British woke…

Why Is Abu Dhabi The Richest Emirate In The World? — Abu Dhabi is the capital of the UAE, It makes up 87% of the total area of the UAE. Abu Dhabi accounts for two-thirds of UAE’s Total GDP. When most people think of the rich emirate in the UAE, what comes to mind is Dubai, the most luxurious emirate. But…

Why Dubai Become The Most Luxurious Emirate In UAE — In the last three decades, Dubai has transformed itself from a desert emirate to a luxury tourist destination. The world’s biggest banks have their operation in Dubai. Dubai is a hub for tourism, financial services, and business activity. Dubai has the world’s tallest buildings and the biggest malls. So What…