ESIS International - Study, Work, Travel, Settle Abroad

Corruption has a diminishing affect over a country’s economy and growth. The corruption rate of a country exhibits it’s many traits like social security, crime rates, living standards, etc. While corruption rates are high in some countries, there are others where the law has a strong grip over the lawbreakers and the money seekers. Almost everyone is familiar with the economic crisis in Greece where corruption amongst the politicians played an effective role in the country’s economic downfall. Here is a list of the top 10 countries with the least corruption rates. 10. Luxembourg Luxembourg has a unitary parliamentary system with a constitutional monarchy. The country’s  government is highly concerned about the implementation of anti-corruption laws. The administration within judiciary is also very transparent in this country. Luxembourg also has the lowest corruption rate in the European Union. Luxembourg is also known to have  the highest average salary in the world...

The OECD (Organization for Economic Co-operation and Development) carries out a comprehensive data based research on average annual wages for full-time and full-year equivalent employees in the total economy. The outcome of this research gives us a rough approximation of the average salaries of people in different countries around the world. For the past few years, it has been revealed that most of the countries with higher average salaries are in Europe. For decades, EU Countries like Switzerland, Norway, Luxembourg, Denmark, etc. have always dominated this list due to the higher pay received by the employees in these countries. 10. BELGIUM One of the smallest European countries, Belgium is referred to as one of the best countries for expats to live and work in. Due to the high average salaries, a lot of students tend to pursue Masters from the Belgian universities. Although taxes in Belgium are one of the highest in Europe, the higher salaries and the work culture makes u...

To curb the ever increasing pollution in the world, the pollution norms are getting stricter day by day. Countries who are a part of the European Union have to pay hefty fines to control pollution generated by them every day. To prevent them from paying hefty fines, various countries are coming up with plans to curb the pollution levels. Many countries around the world have pledged to ban vehicles running on fossil fuels by 2030 and are investing in electric and hybrid technology to curb pollution.  Germany is one of the top polluting countries in the European Union due to the presence of large industries. Also, a better living standard in Germany means that most people use their own vehicles for commuting rather than utilizing the public transport. Germany has one of the best and the most flexible public transport in the whole world but still a lot of vehicles can be seen on the road. To prevent themselves from paying hefty fines, Germany is making public transport compl...

Cryptocurrency is the new hype in the town. People are investing madly in cryptocurrency since the success of Bitcoin in the past few years so much so that the Bitcoin now has a market value of about $180 million. With cryptocurrency comes the massive risk of volatility as evident by the steep rise and fall in the price of Bitcoin in the past few months. While the Bitcoin witnessed a low of $8,757 this week on 26 November, it bounced back to an all time high of $11,000 yesterday. But in just a few minutes after reaching an all time high of $11,000 it dropped steeply to a low of $9,290 in just a few minutes. According to social media, the price decline coincides with reports that GDAX, the exchange offering of cryptocurrency startup Coinbase, had seen a service outage that is currently ongoing. Data from GDAX indicates the exchange hit a low of $8,593 before going offline. Social media reports also suggest that Bitstamp and Gemini hav...

Elon Musk is everywhere nowadays when it comes to technology. From revolutionizing the electric car industry to the hyperloop concept, he has surely achieved a lot in a short span of time. This time, he has come up with the World’s largest Lithium ion battery, and no, it’s not for the next Tesla or SpaceX, but it will be used in South Australia for it’s crippling energy problems. The billionaire innovator threw down an open challenge to the Australian government on twitter that he and his team can build and install a 100-300 MW powerhouse required to prevent power shortages causing blackouts in the state in less than 100 days. Musk tweeted,” 100 days from contract signature or it’s free.” in a deal initailly negotiated over twitter. The team is well ahead of time and will be running the test runs on the battery in the coming weeks. Tesla Powerpacks have been installed and connected at Neoen’s Hornsdale windfarm, north of Adelaide, and battery tests will be run to ensure...

We have been hearing a lot over the news about Catalonia’s Independence movement against Spain. Catalonia is a small region in the Northeastern part of Spain. The four main provinces in this region are Barcelona, Girona, Lleida and Tarragona. The Catalan Independence Referendum was held on 1 October, 2017 in the Spanish autonomous community of Catalonia. Earlier in September, the Catalan government held a vote for the independence of Catalonia from Spain. But due to the Spanish government’s suppression, only 43.03% could turn up for voting. The referendum question, which voters answered with “Yes” or “No”, was “Do you want Catalonia to become an independent state in the form of a republic?”. The “Yes” side won, with 2,044,038 (92.01%) voting for independence and 177,547 (7.99%) voting against. But due to the police crackdown, more than 770,000 votes were not cast as people didn’t leave their houses to go for voting. Also, 1066 civilians and 11 agents of the National Police an...