History of NATO Expansion: Infographics

The North Atlantic Treaty Organization(NATO) was founded in 1949 and evolved to protect the West from the USSR. The USSR established its own organization called The Warsaw Pact to protect its allies in Europe. The Warsaw Pact collapsed when the USSR collapsed in 1989-91. Though the enemy split into countries the NATO survived and continues to …

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Fact of the Day: China Hi-Speed Rail Network

High Speed Rail Network in China is the largest in the world even beating developed Europe. The following fact the astonishing growth in high-speed rail transportation in China. High-speed rail network before 2007 = 0  kilometers High-speed rail network now = 25,000  kilometers  Source: Seeing is believing – China’s amazing growth over 40 years, China Daily In just …

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Tax Revenues as a Percentage of GDP: Chart

Tax revenues as a percentage of GDP vary widely across countries.  The chart below from OECD shows the figures for the latest year available: Click to enlarge Source: Seven surprising facts about tax revenues around the world, Schroders Though Greece and Italy have often been criticized they generate more taxes as a percentage of GDP …

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The Major Goods Trading Partners With The US: Chart

China is the top trading partner with the US. Neighbors Canada and Mexico are the second and third major trading countries followed by Japan, Germany, etc. Updated: 12/23/2019 Click to enlarge Source: Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States, U.S. DEPARTMENT OF THE TREASURY OFFICE OF INTERNATIONAL AFFAIRS, April 2018