Minimum wages vary widely across the 27 member nations of the European Union. As expected wages are high in the western part of the EU and lower in the eastern countries. Luxembourg has the highest monthly minimum wage at 2,202 Euros whereas the lowest rate is in Bulgaria at just 332 Euros. Among the east …
Continue reading ‘Minimum Wages Across The European Union 2021: Chart’ »
The Social Security is one of the main public pension system for retired Americans. Despite the presence of contribution-based retirement plans such as 401Ks, individual retirements plans, widespread popularity of equity investments including mutual funds, the good old social security payment from Uncle Sam supports a big portion of the living expenses of retired people. …
The following graphic shows the rating of countries based on the latest Democracy Index by The Economist Intelligence Unit. Most of Africa are authoritarian regimes. Same for most of the Middle East, Russia and China. Some of the major countries are classified as flawed democracies. These include Brazil, India, Italy, France and the US. North …
Continue reading ‘How Democratic is your Country?: Infographic’ »
A fascinating article in The Guardian yesterday discussed why the Coronavirus hit some countries harder than others was published based on a research study. According to the author, Michele Gelfand of professor at the University of Maryland Covid was deadlier in countries with “loose” relaxed attitude towards rule-breakers. Most of the countries the western world fall in …
Every year Transparency International publishes a report ranking the countries of the world based on corruption. The 2020 ranking showed Denmark and New Zealand ranked number one followed by Finland, Singapore and Sweden in the third spot. The US took the 25th rank ahead of Georgia and Armenia. The US should eliminate corruption at all …
Continue reading ‘How Corrupt Is Your Country? : Infographic’ »