Which country’s Christmas folklore is the scariest?

In Iceland, a witch named Grýla captures misbehaving children during Christmas and eats them in her herb stew. Grýla has been a popular character in Icelandic folklore for centuries and is known for eating one of her husbands. Other scary Christmas traditions include a haunted ghost in South Africa, evil witches in Norway, and an […]

What’s a country’s balance of payments?

The term “balance of payments” can refer to financial transactions in a specific period, long-term movements of capital, or a comprehensive statement including foreign to domestic currency ratio, trade balance, capital accounts, and invisible balances. It is useful for understanding a country’s financial situation. When referring to the balance of payments of a given country, […]

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