14/09/2017

Do Your Own Research: Norway, Taiwan and Canada


Europe's northernmost country, the Kingdom of Norway is famed for its mountains and spectacular fjord coastline, as well as its history as a seafaring power.
It also enjoys one of the world's highest standards of living, in large part due to the discovery in the late 1960s of offshore oil and gas.
It is the world's number seven oil exporter and has resisted the temptation to splurge its windfall, choosing instead to deposit the surplus wealth into its oil fund - now the world's largest sovereign wealth fund.
What to do with the money is a hot political issue: whether to use more of it to improve infrastructure or keep it for a rainy day and future generations.
Norway plays an active international role. It has mediated between Israel and the Palestinians as well as in the Sri Lankan conflict, and has participated in military action in Afghanistan and Libya. Ex-premier Jens Stoltenberg is Nato's secretary general.
It defies a global ban on commercial whaling, along with Japan and Iceland.


Taiwan is an island which has for all practical purposes been independent since 1950, but which China regards as a rebel region that must be reunited with the mainland - by force if necessary.
China has claimed sovereignty over Taiwan since the end of the Chinese civil war in 1949, when the defeated Nationalist government fled to the island as the Communists, under Mao Zedong, swept to power.
China insists that nations cannot have official relations with both China and Taiwan, with the result that Taiwan has formal diplomatic ties with only a few countries. The US is Taiwan's most important friend and protector.
Despite its diplomatic isolation, Taiwan has become one of Asia's big traders. It is considered to have achieved an economic miracle, becoming one of the world's top producers of computer technology.

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