A Schengen visa is required for non-Europeans to travel to the EU or the Schengen area countries. However the EU has visa agreements with many non-EU countries for citizens of those countries to travel to the EU without a visa. While most developed countries have this type of visa-free travel between them, I was surprised …
Continue reading ‘EU Visa Agreements with Non-EU Countries: Graphic’ »
India has the largest population in the world with a population of over 1.4 billion in 2022. In terms of size of the economy, the country is the fifth largest in the world. This year the GDP is project to cross $3.9 Trillion putting India behind Japan. From a trading partners perspective, the largest export …
Continue reading ‘The Export and Import Partner Countries of India: Chart’ »
Apple(AAPL) is the world’s largest company in terms of market capitalization. As of Friday, the market cap stands at $2.91 Trillion with 15.33 billion shares outstanding. The market cap of many countries’ entire stock market is lower than Apple’s market cap. From a performance perspective, Apple’s shares have been average to poor relatively so far …
Some of the foreign stocks trading on the US exchanges have performed very well so far this year. The S&P 500 index is up by over 10% YTD and the KBW Nasdaq Bank Index which is one trackers for bank stocks has increased by 9% YTD. Among the foreign bank stocks, Argentinean banks have soared …
Continue reading ‘On the Year-to-Date Returns of Exchange-Listed Foreign Bank ADRs’ »
The annual U.S. defense expenditure is the largest in the world. In 2023, the U.S. spent $916 billion on defense according to a report by Peter G.Peterson Foundation quoting SIPRI data. This amount was $55 billion higher than in 2022 in part due to military aid to Ukraine in its fight against Russia. Looking at …
Continue reading ‘US Defense Spending in 2023 vs. The Next 9 Countries Combined: Chart’ »