India, the most populated country in the world surpassed China in terms of population in 2023. The country contributes to 17.3% of global population which is massive at 1.4 billion people. However unlike China the country lacks the indigenous economic/industrial development to employ its huge chunk of population despite having 65% of youths aged under…
What is the definition of currency? If anyone lives in USA for her/him it means dollars ($) and in Japan the definition would be Yen (¥). In simple words we can say that it is a standardization of money which is different in different countries. Among all the countries currency some are powerful while other…
It all started in 1978 when China opened their markets for the world. Since then the country grew like anything by focusing on rapid industrialization and on being self sufficient. The rise of China from one of the poorest countries to a global manufacturing powerhouse is a case study in itself primarily because it was…
Iran, a country which is home to the world’s first superpower known as Achaemenid Empire has a long history of picking fight with the modern world’s superpower USA in various ways. Although technically they lack the military and air superiority as of USA but Strait of Hormuz is the trump card here. By hampering the…