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Data-driven visual content focused on global trends, investing, technology, and the economy. Not an official channel. Source: https://www.visualcapitalist.com/

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Visual Capitalist

🎶 The 10 Highest-Grossing Concert Tours of All Time

🔥 Record-Breaking Revenues:
Taylor Swift's Eras Tour has become the highest-grossing concert tour ever, generating over $1 billion from just 60 shows in 2023.

🔥 Elton John's Farewell:
Elton John's five-year Farewell Yellow Brick Road Tour, with 328 shows, grossed $939 million, ranking it second.

🔥 Top 5 Tours:
Following Swift and Elton John, Ed Sheeran’s ÷ (Divide) Tour, U2’s 360° Tour, and Coldplay’s Music of the Spheres World Tour round out the top five highest-grossing tours.

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🏒 Which NHL Team Takes Home the Most Revenue?

➡️ Top Earners:
The Toronto Maple Leafs lead NHL teams in revenue, closely followed by the Edmonton Oilers.

➡️ Revenue Growth:
The Edmonton Oilers have seen the fastest revenue growth rate at 13% over five years.

➡️ Challenges in Smaller Markets:
Despite postseason success, teams like the Florida Panthers and the Arizona Coyotes rank lower in revenue, reflecting challenges in emerging or smaller hockey markets.

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🏆 The 20 Top Retailers Worldwide, by Revenue

Global Retail Leaders: Walmart and Amazon dominate the global retail market by revenue, with Walmart generating $628.6 billion and Amazon $355.1 billion.

International Presence: European retailers like Schwarz Group and IKEA show significant international revenue, with IKEA earning 96.6% of its income from outside Sweden.

Physical vs. Online: Despite the rise of e-commerce, most top retailers, including Walmart and Amazon, maintain substantial physical store operations alongside their online sales.

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👥 The Population of China and India in Perspective

➡️ Dominant Populations: China and India each have populations over 1.4 billion, representing approximately 17.7% and 17.8% of the global population, respectively.

➡️ Comparison with Other Regions: The combined populations of China and India are more than double that of Latin America and the Caribbean and nearly triple that of the European Union.

➡️ Growth Dynamics: While Africa experiences the highest regional population growth at 2.4% annually, Europe faces a decline, shrinking at a rate of -0.17% per year.

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☝️ The World’s Oldest and Youngest Countries, by Median Age

🎥 Oldest Populations: Monaco and Japan have the highest median ages, over 50 years, reflecting high life expectancies and low birth rates.

🎥 Youngest Populations: African countries such as Niger and Uganda have some of the lowest median ages, driven by high birth rates and lower life expectancies.

🎥 European Aging: Six European nations are among those with the oldest median ages, which could impact the continent's economy and healthcare systems.

🎥 Economic Implications:
🔆 Older Populations: Potential for economic strain without adequate policy support due to decreased workforce sizes.
🔆 Younger Populations: Opportunities for economic growth through a demographic dividend if job growth and educational infrastructure keep pace with youth populations.

🎥 Geographic Contrast: The contrast between continents like Europe with aging populations and Africa with youthful populations underscores diverse global demographic trends and challenges.

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Top 20 Countries by Plastic Waste per Capita

1️⃣ High Per Capita Waste in Developed Nations:
The list predominantly features wealthy countries, indicating a correlation between higher living standards, consumerism, and the generation of plastic waste. These countries typically have greater access to disposable products and packaged goods that contribute extensively to plastic waste.

2️⃣ Absence of China and India:
Although China and India are major contributors to global plastic pollution in absolute terms, they do not appear in the top 20 when measuring waste per capita. This distinction highlights the importance of considering population size in discussions of environmental impact.

3️⃣ Environmental Implications:
Plastic waste poses severe threats to marine and terrestrial ecosystems, contributing to long-term environmental degradation. The persistence of plastics, which can take hundreds of years to decompose, exacerbates these effects, leading to widespread contamination from microplastics.

4️⃣ Focus on Single-Use Plastics:
The study specifically addresses single-use plastics, underscoring the need for alternatives in daily consumer goods and services, such as takeout containers and packaging, which are major sources of this type of waste.

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🗺 The 10 Most Visited Countries in 2023

1️⃣ European Dominance:
Seven of the top ten most visited countries are in Europe, underscoring the continent's enduring appeal to international tourists. France leads the list with 100 million visitors, expected to maintain or increase this number in 2024 due to events like the Paris Olympics.

2️⃣ Significant Numbers:
Spain and the United States follow France with 85 million and 67 million visitors respectively, demonstrating their major roles in the global tourism sector.

3️⃣ Impact of COVID-19 on China:
China, previously a top destination, saw a significant decrease in tourist arrivals, from 65.7 million in 2019 to 35.5 million in 2023. This sharp decline reflects the long-term impacts of stringent travel restrictions implemented during the pandemic.

4️⃣ Global Tourism Trends:
The data indicates a strong recovery in global tourism, with total inbound tourist arrivals hitting 1.3 billion in 2023. This recovery is significant considering the disruptions caused by the COVID-19 pandemic in previous years.

5️⃣ Cultural and Economic Contributions:
Tourism not only fosters cultural exchange but also significantly contributes to the economic vitality of these countries. The sector supports millions of jobs and generates substantial revenue through both direct and indirect spending.

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How many Bitcoins are there in total?

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🤱 Which Countries Have the Most and Least Women in the Workforce?

1️⃣ High Participation Rates:
🔤 Countries like Madagascar, Burundi, and Mozambique lead with some of the highest female workforce participation rates, nearing 80%. This high level of participation is typically found in several low-income countries where labor is often agricultural and family-based.

2️⃣ Low Participation Rates:
🔤 Afghanistan and Yemen have the lowest rates, with only about 5% of working-age women participating in the workforce. This is reflective of significant socio-economic challenges and cultural norms that restrict women's employment opportunities.

3️⃣ Geographical Trends:
🔤 The data shows that Middle Eastern, North African, and South Asian countries generally exhibit lower rates of female participation in the workforce. These regions often have cultural, legal, and educational barriers that limit women's access to employment.

4️⃣ Economic Implications:
🔤 The participation of women in the workforce is crucial for economic growth and productivity. Countries with higher female labor participation can experience enhanced economic stability and growth because women constitute a substantial portion of potential human resources.

5️⃣ Income Correlation:
🔤 Interestingly, the lowest female workforce participation rates are often observed in countries with average national incomes, suggesting that neither extreme poverty nor high wealth are definitive predictors of women’s labor involvement. This could be influenced by the availability of education, childcare, and cultural norms regarding women's roles in society.

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👍 Countries Offering Digital Nomad Visas

1️⃣ Variety of Options:
⭐️ Over 40 countries now offer digital nomad visas, reflecting a growing global acceptance of remote work.

2️⃣ Extended Visa Durations:
⭐️ Mexico and El Salvador stand out by offering the longest visa durations, up to four years, with El Salvador requiring an extension for the maximum length.

3️⃣ High Income Requirements:
⭐️ Iceland and Belize set the highest minimum income requirements for applicants, at $85,000 and $75,000 per year, respectively, indicating these visas target relatively high-earning individuals.

4️⃣ Common Visa Lengths:
⭐️ The most prevalent visa duration is one year, which is offered by countries diverse in climate and economic stature, from tropical islands like The Bahamas to large economies such as Italy and Brazil.

5️⃣ Renewal Options:
⭐️ Some countries, including South Korea, Spain, and Portugal, provide visas for one year or less with options for renewal, accommodating those who may wish to extend their stay.

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📞 Top Countries, by Mobile Data Usage

1️⃣ Global Leader - Curaçao:
Tops the chart with a staggering 131.3 gigabytes of monthly mobile data usage per capita, influenced by its tourist economy and low use of fixed broadband.

2️⃣ Middle Eastern Dominance:
Kuwait, Saudi Arabia, and Bahrain are notable for their high mobile data usage, supported by widespread 5G network coverage and government investment in digital services.

3️⃣ European Innovators:
Finland, known for its technological advancements, leads Europe in mobile data usage, partly due to its role as a testing ground for new tech such as 6G networks.

4️⃣ U.S. Mobile Data Consumption:
Despite being a tech hub, the U.S. ranks 34th in mobile data usage, which could be attributed to relatively high costs of mobile data compared to other developed nations.

5️⃣ Technological and Economic Factors:
The differences in mobile data usage across countries are influenced by a combination of factors including technological infrastructure, economic conditions, competitive pricing of data plans, and government policies promoting digital access.

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🫥 Cobalt Production by Country in 2023

1️⃣ Dominance of the DRC:
The DRC’s cobalt production is critical, with 74% of the global output coming from the country. It holds the majority of the world’s cobalt reserves, estimated at 6 million metric tons out of a global 11 million.

2️⃣ Ethical Concerns:
Approximately 20% of the DRC’s cobalt is sourced from artisanal mines, which are notorious for harsh working conditions and the employment of child labor.

3️⃣ Global Consumption Patterns:
China leads the world in cobalt consumption, utilizing 87% of its cobalt intake for the lithium-ion battery industry, which underscores the metal's importance in modern technology and renewable energy sectors.
In the U.S., half of the cobalt consumed is used in the production of superalloys, primarily for aircraft turbine engines.

4️⃣ Impact on Electric Vehicle Industry:
The EV sector accounts for 40% of the cobalt market, reflecting the increasing demand for cobalt in battery production amid the global shift towards electric vehicles.

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💩 Most Impersonated Companies by Online Scammers

1️⃣ Tech Companies as Major Targets:
Tech companies like Microsoft, Adobe, and Google are top targets for online scammers due to their widespread use and trust among consumers.

2️⃣ Microsoft's High Risk Profile:
Microsoft is notably the most impersonated brand, with Office 365 being particularly vulnerable, reflecting the brand's extensive global reach and integral role in many business operations.

3️⃣ Tactics Used by Scammers:
Phishing emails often disguise themselves as legitimate communications, such as service updates or delivery notifications, to lure victims into entering their personal information on fake websites.

4️⃣ Impersonation of Non-Tech Companies:
DHL ranks third, indicating that scammers also impersonate brands in other sectors, exploiting the common expectation of package delivery communications to obtain sensitive information.

5️⃣ Financial Impact of Online Scams:
The financial ramifications are substantial, with the FBI reporting a 22% increase in losses due to online scams in 2023, amounting to over $12.5 billion in the U.S. alone.

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🪙 The Top Retailers in the World, by Store Count

1️⃣ Japanese Retail Dominance:
Seven & I Holdings, along with FamilyMart and Lawson, represent the top positions globally, showcasing the strength of Japanese convenience store chains.

2️⃣ Global Retail Strategies:
The expansion strategies of these retailers are marked by high store counts and international presence, with companies like FamilyMart and Lawson each boasting over 20,000 locations.

3️⃣ Significant European and North American Presence:
Schwarz Group in Germany and Couche-Tard in Canada demonstrate the robustness of discount and convenience store formats in Europe and North America, respectively.
Walgreens Boots Alliance, despite its large number of locations, is shifting focus to its core U.S. operations.

4️⃣ Convenience Store Advantage:
The smaller footprint of convenience stores compared to big-box retailers like Walmart, which operates 10,569 locations, allows for more rapid expansion and a larger total store count.

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💪 Daily Protein Sources by Region

1️⃣ Protein Sources in Developed Regions:
⚠️ In North America and Europe, a significant portion of daily protein comes from meat and dairy products.

2️⃣ Leading in Meat Consumption:
⚠️ South America, particularly Brazil and Argentina, are notable for high meat consumption, making it the primary protein source in the region.

3️⃣ Seafood Consumption in Asia:
⚠️ Asia, with major fish producers like China and India, has the highest intake of protein from seafood.

4️⃣ Plant Protein in Africa:
⚠️ Due to economic factors and agricultural practices, plant protein is the predominant source of protein in many African countries.

5️⃣ Health and Nutritional Implications:
⚠️ The type of protein consumed in a region can have significant health and nutritional implications, reflecting the region's dietary patterns, economic status, and cultural preferences.

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😳 15 Countries with the Highest Smoking Rates

📌 World's Highest Smoking Rate:
Nauru leads globally with nearly half of its adult population engaging in tobacco use.

📌 Balkans High Incidence:
Countries in the Balkans show higher smoking rates compared to other European nations, influenced by cultural norms and more lenient tobacco laws.

📌 Lower Rates in Americas and Africa:
Both the Americas and sub-Saharan Africa exhibit lower smoking rates, with countries like the U.S. and Canada showing significantly reduced usage.

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💰 The World’s Top 10 Billionaires in 2024

World's Richest: Elon Musk tops the global billionaire list in June 2024 with a net worth of $205.4 billion, followed by Jeff Bezos and Bernard Arnault.

Fluctuating Rankings: The rankings frequently change due to stock market dynamics and major business activities.

Significant Wealth: The combined wealth of the top 10 billionaires amounts to $1.6 trillion, comparable to Mexico's GDP.

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🚀 Where Unemployment Benefits are the Highest, in OECD Countries

🔆 Luxembourg Leads: Luxembourg provides the highest unemployment benefits among OECD countries, offering 87% of previous in-work income for up to one year.

🔆 Significant Gaps: There is a noticeable gap between the top and bottom countries, with Belgium and Denmark both providing around 78%, significantly more than the U.S. and Hungary at 9%.

🔆 Tax Considerations: The countries providing the highest unemployment benefits, such as Luxembourg, Belgium, and Denmark, also have some of the highest personal income tax rates.

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The 10 Hottest and Coldest Countries in the World

❗️ Hottest Country: Burkina Faso recorded the highest average annual temperature in 2022 at over 29°C (84.7°F).

❗️ Coldest Territory: Greenland had the lowest average temperature at -18.6°C (-1.5°F).

❗️ Regional Patterns: The top ten hottest countries are primarily located near or within the Sahara Desert, while the coldest places are often found within the Arctic Circle.

❗️ Temperature Variability: Countries like Tajikistan and Kyrgyzstan experience extreme temperature swings due to their mountainous terrains and inland locations.

❗️ Global Context: The global average temperature for 2022 was 14.8°C (58°F), making it the sixth-warmest year on record.

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⬜️ Countries with the Most Embassies Around the World

➡️ China's Diplomatic Reach: Tops the list with 173 embassies, indicating its broad and growing international influence, particularly in Africa, East Asia, and the Pacific.

➡️ United States: Has 168 embassies, leading in the Americas, Europe, and South Asia, reflecting traditional geopolitical spheres of influence.

➡️ European Presence: France and the UK, both former colonial powers, have extensive diplomatic networks, ranking third and fourth respectively.

➡️ Japan's Diplomatic Network: Holds the fifth spot with 152 embassies, underscoring its active engagement in international affairs.

➡️ Dynamic Changes: Türkiye and India have significantly expanded their diplomatic networks, focusing notably on Africa, showcasing their emerging roles on the global stage.

➡️ Impact of Geopolitics: Russia's diplomatic presence decreased due to the geopolitical consequences following its invasion of Ukraine in 2022, highlighting how international relations impact diplomatic strategies.

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🏥 Which Countries Have Universal Health Coverage?

1️⃣ Global UHC Status:
Out of 195 countries worldwide, 73 countries have achieved UHC as of 2024. This means approximately 69% of the world’s population has access to health services without suffering financial hardship.

2️⃣ U.S. Health Coverage:
The United States stands out as the only developed nation without universal health coverage. Data from the Census Bureau in 2022 indicates significant reliance on private health insurance, with public health insurance covering only 36.1% of Americans.

3️⃣ Healthcare Spending:
Despite the lack of UHC, the U.S. records the highest healthcare expenditure per capita globally, highlighting inefficiencies and the burden of healthcare costs on Americans.

4️⃣ Historical Perspective:
Germany was the pioneer in establishing a public health insurance system in 1883, initially for blue-collar workers, setting a model for other countries to follow.

5️⃣ International Health Declarations:
The Declaration of Alma-Ata in 1978 and the Ottawa Charter for Health Promotion in 1986 were significant milestones, setting the ambitious goal of achieving "Health for All by the year 2000".

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⭐️ The World’s Highest Homicide Rates, in Each Region

1️⃣ High Homicide Rates in South America and the Caribbean:
✔️ Jamaica, with a rate of 53.3 homicides per 100,000 people, is identified as one of the most violent countries globally. The influx of illegal firearms, largely from the U.S., has exacerbated the violence.

2️⃣ Cocaine Trafficking Impact:
✔️ Saint Vincent and the Grenadines and Trinidad and Tobago are noted as transit points for Venezuelan cocaine traffickers, which contributes to their high homicide rates.

3️⃣ Violence in North America:
✔️ Mexico is highlighted as North America’s most dangerous country, with persistent high murder rates influenced by the trafficking of guns from American manufacturers to criminal organizations.

4️⃣ Crime in South Africa:
✔️ South Africa is marked as Africa's most violent country, with a high rate of violent crimes including murder and kidnapping, compounded by the prevalence of illegal firearms.

5️⃣ Low Violence in Europe and Oceania:
✔️ Oceania and Europe are noted for having lower violence levels. However, Russia, the deadliest in Europe, has seen a significant increase in murder rates among returning soldiers from the Ukraine war.

6️⃣ Challenges and Lawsuits:
✔️ The article touches on Mexico’s legal action against U.S. gun manufacturers, aiming to address the flow of firearms contributing to the country’s high crime rates.

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🪙 Raw Steel Production in 2023

1️⃣ China's Dominance:
China remains the world’s leading steel producer, significantly impacting global supply and pricing dynamics. This has led to issues of overcapacity, where production exceeds domestic demand, affecting global markets.

2️⃣ Production Cuts:
In response to overcapacity and environmental concerns, the Chinese government has implemented steel production cuts since 2021. These cuts are also partly aimed at addressing inefficiencies within the troubled real estate sector, a major consumer of steel in the country.

3️⃣ Global Contributors:
India and Japan are the next largest producers of steel, contributing to the global supply but at levels far behind China. Their production capabilities are crucial for regional demands and market stability.

4️⃣ Recyclability of Steel:
Steel’s infinite recyclability without loss of quality makes it a sustainable choice in various industries, including construction, water infrastructure, and food preservation.

5️⃣ Industry Applications:
Steel's use in construction for structural support and roofing, in water infrastructure due to its corrosion-resistant properties, and in food preservation highlights its versatility and essential role in modern economies.

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The 15 Most Valuable Bitcoin Addresses

1️⃣Top Bitcoin Address:
The highest-ranked Bitcoin address first appeared in October 2018, initially holding just 0.1 BTC. It has since seen its balance peak at 180,000 BTC in November 2019, demonstrating the extreme value fluctuations typical in the cryptocurrency market.

2️⃣ Massive Accumulation and Stability:
The top address underwent a significant accumulation phase, reaching a balance of 300,000 BTC ($10.3 billion) by July 2021. As of January 2023, this address holds approximately 248,597 BTC, indicating a phase of relative stability in its holdings.

3️⃣ Decentralized and Distributed Ledger:
Bitcoin operates on a blockchain, a decentralized and distributed ledger that records all transactions. This ensures transparency and security, as all transaction data is publicly accessible.

4️⃣ Role of Miners:
Miners play a critical role in the Bitcoin network by validating new transactions and adding them to the blockchain, ensuring the integrity and chronological order of the ledger.

5️⃣ Market Impact:
The addresses listed are crucial indicators of Bitcoin's market dynamics, where large holders can significantly influence price movements and market sentiment.

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👶 Declining Birth Rates in the Most Populous Countries (1950-Today)

1️⃣ Global Fertility Trends:
Globally, the average number of births per woman has decreased from 3.2 in 1990 to 2.5 in 2019, with a projection to further decline to 2.2 by 2050.

2️⃣ China's Rapid Decline:
China has experienced the most significant drop among the featured countries, with its birth rate falling from 24.4 per 1,000 in 1990 to 7.6 in 2021. This steep decline raises concerns about potential demographic challenges similar to those faced by Japan, such as an aging population and the associated economic impacts.

3️⃣ U.S. Birth Rates and Immigration:
The U.S. saw its birth rate decrease from 22.8 per 1,000 in 1950 to 11.1 in 2021. Unlike other countries, the U.S. offsets some of the impacts of its declining birth rate with net immigration.

4️⃣ Nigeria's Remaining High Fertility:
Despite a decline, Nigeria still has the highest birth rate among the countries listed, with 37.1 births per 1,000 people in 2021. This rate is significantly higher compared to other major countries and indicates a different stage in demographic transition.

5️⃣ Economic and Social Implications:
The trend of declining birth rates has profound implications, including potential labor shortages, increased dependency ratios, and challenges in sustaining economic growth and social services.

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🔫 The World’s Largest Armies in 2024

1️⃣ China's Military Dominance:
With over 2 million active personnel, China has the largest standing army, supported by significant investments in military infrastructure including tanks and aircraft carriers.

2️⃣ Vietnam's Extensive Reserve Forces:
Vietnam leads in total personnel when considering its large reserve force, underpinned by conscription policies that require service from young adults.

3️⃣ India and South Korea's Large Armies:
Both countries also have extensive military forces, with South Korea's large reserve numbers due in part to its conscription policy, similar to Vietnam.

4️⃣ Impact of the Ukraine Conflict:
The ongoing conflict has significantly increased Ukraine’s military personnel from 170,000 in 2016 to over 900,000, reflecting the country’s extensive mobilization in response to Russian aggression.

5️⃣ U.S. Military Spending:
Despite not having the largest number of personnel, the U.S. leads global military expenditures, accounting for nearly 40% of the world's total, highlighting its vast defense capabilities and global military presence.

6️⃣ China's Growing Defense Budget:
China's defense spending is also notable, making up 13% of global military expenditures, underscoring its increasing military capabilities and strategic ambitions.

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🥸 Comparing Saudi Aramco’s $1.9T Valuation to Its Rivals

1️⃣ Unprecedented Market Cap:
Saudi Aramco’s market cap of approximately $1.9 trillion distinguishes it significantly from other major oil companies globally.

2️⃣ Historic IPO:
The 2019 IPO remains the largest in history and set a precedent in terms of valuation and capital raised.

3️⃣ Proven Oil Reserves:
With 259 billion barrels of oil equivalent, Aramco’s reserves are vastly superior to those of its closest competitors, ExxonMobil and Chevron.

4️⃣ Ownership and Liquidity:
The Saudi government's ownership accounts for 98% of the company, which some critics argue makes its public valuation less reflective of market dynamics, evidenced by its low trading volume compared to other major companies.

5️⃣ Market Comparisons:
Despite its massive valuation, Aramco's daily trading turnover is significantly lower than that of other major oil firms, prompting some to question the robustness of its market cap as a true indicator of value.

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🇨🇳 Chinese Provinces With Cities Over 1 Million People

1️⃣ Guangdong's Urban Concentration:
With 17 cities housing over a million residents each, Guangdong is a major urban hub, home to 127 million people, akin to the population of Japan.

2️⃣ Jiangsu's Significant Urban Presence:
Jiangsu stands out with over 10 cities surpassing the million-resident mark, underscoring its critical role in China's urban landscape.

3️⃣ Directly Administered Cities:
Shanghai, Beijing, Tianjin, and Chongqing are notable for being directly administered by the central government and have imposed population caps to manage urban sprawl and its associated challenges.

4️⃣ Tibet's Sparse Population:
Contrasting sharply with urban giants, Tibet remains the only Chinese province-level division without a city over a million people, attributed to its harsh climate and challenging terrain.

5️⃣ Global Comparison:
China's urban density is highlighted by its 105 cities with over one million inhabitants, a stark contrast to India's 65 and the United States' nine.

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📊. Berkshire Hathaway’s Stock Portfolio (Q1 2024)

1️⃣ Dominance of Apple in Portfolio:
🟢 Apple remains the largest single investment in Berkshire Hathaway's portfolio, comprising nearly 40% of its total value, amounting to approximately $150 billion.
🟢 Despite trimming its stake by 13%, Berkshire still holds a significant 5.1% ownership in Apple.

2️⃣ Investment in Japanese Trading Houses:
🟢 Berkshire Hathaway holds positions in five major Japanese trading houses: Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo, which are diversified across various industries.
🟢 These investments are part of Buffett’s strategy to tap into markets with low-interest rates and other favorable economic conditions.

3️⃣ Portfolio Composition:
🟢 The portfolio includes a variety of holdings, but positions worth less than $5 billion are collectively categorized under "Other."
🟢 The exact composition and valuation of the portfolio are subject to change and are influenced by market conditions.

4️⃣ Regulatory Permissions:
🟢 Berkshire has received permission from the SEC to withhold data on certain investments, specifically its Japanese stocks as of June 2023, which adds an element of confidentiality to some aspects of the portfolio.

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🗺 The World’s Wettest and Driest Countries

1️⃣ Wettest Countries:
Colombia: Tops the list with an average of 3,240 mm of rainfall annually.
Sao Tome & Principe, Papua New Guinea, Solomon Islands, and Panama: Also receive high levels of rainfall, all averaging more than 2,900 mm annually.
These countries are generally located near the equator and close to large bodies of water, which contributes to their high precipitation levels.

2️⃣ Driest Countries:
Egypt: Records the lowest average annual rainfall at just 18 mm.
Other countries in North Africa and the Middle East, such as Libya, Saudi Arabia, and Oman, also feature on the list of the driest countries, reflecting the arid conditions typical of these regions.

3️⃣ Environmental and Geographic Influences:
Proximity to the equator and nearby oceans significantly influences the precipitation patterns in the wettest countries.
The driest countries are typically located in desert regions where sparse rainfall is a defining characteristic of the climate.

🔗 Source: Visual Capitalist
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