Kazakhstan produces 35% of the world’s uranium supply and has 15% of the Earth’s uranium resources. The country had no nuclear power plants until recently. Uranium has a high melting point and is used to make glass with a yellow or greenish tint. It was discovered in 1879 and named after the planet Uranus. Kazakhstan […]
Country limits are set by banks to limit risk and represent the maximum amount of loans a bank can offer to a foreign country. They are based on various factors such as economic health, political climate, and individual borrower profiles. Banks may adjust limits based on changing market conditions and their own resources. A country […]
Fiji lost its official independence order presented by Prince Charles in 1970, and after a five-year search, had to ask Britain for another copy. The incident was embarrassing but not a constitutional crisis. Fiji consists of over 330 islands, and remnants of British rule can still be seen. It’s one thing to feel the embarrassment […]
Turkmenistan and Rwanda have the highest voter turnout in presidential elections, with 98.7% and 97.5% respectively. Australia and Malta have high voter turnout for parliamentary elections due to compulsory voting. The average worldwide voter turnout is 67%, while the US recorded 70% in 2008. Only about 10 of the two dozen countries with compulsory voting […]
Country risk analysis assesses the risk of doing business or investing in a particular country, considering factors such as the economy, laws and regulations, political stability, location, and potential returns. It is important to carefully evaluate all relevant factors before making a decision. Country risk analysis is a type of assessment used to determine the […]
A country risk premium is an increase in interest rates to attract investors due to the higher risk associated with investing in a specific nation. It fluctuates based on political, economic, and external factors and can be factored into investment calculations. A country risk premium reflects the higher risk associated with investing in a specific […]
Recessions, defined as a decline of no more than 10% in GDP for at least two consecutive quarters, have far-reaching effects beyond the short-term impact on spending and employment. Governments can borrow to reduce the impact, but this can lead to future cuts in vital programs. “Scarring” from a recession can have a lasting impact […]
A country limit is the maximum amount a bank charges for all loans in a foreign country, based on factors such as exchange rates, economic health, and political climate. Each type of loan is covered by a national limit, and banks carefully evaluate individual borrowers. Limits are subject to change based on market conditions and […]
Easter traditions vary worldwide, with Americans decorating eggs and hunting for chocolate, while Norwegians indulge in Påskekrim, a tradition of reading or watching crime thrillers during the holiday. This tradition began in 1923 with the publication of a popular book about a fictional robbery during Easter. For Christians, the focus of Easter is celebrating the […]
The terms “state”, “nation” and “country” are often used interchangeably, but they have discernable differences. An independent state is the same as an independent country, while a nation is a group of people who share a language, culture, institutions, history and religion. A nation-state is when a nation of people has its own distinct country. […]
