“The most correct answer for how many countries there are in the world is 193– 192 members of the United Nations, plus non-member Vatican City. There are, of course, some controversies: Guantemala claims Belize doesn’t exist, Taiwan and China have their arguments, as do the Greek and Turkish sections of Cyprus.
Of these countries, 118 have some form of stock market. Few are threats to supplant the NYSE anytime soon. Many are quite small: The Royal Security of Bhutan lists 15 companies, and the International Brunei Exchange lists none at the moment.
But all combined, all these international stock exchanges are larger than the three major exchanges in the United States, having 5 times the number of companies, and a total market cap at $23 billion, which exceeds that of the American-listed companies. That excludes ADRs, of course. That would be double counting.
In case you’re wondering, Peru has the best-performing stock market since 2001, gaining an average of 42% per year.”
* Excerpt taken from Motley Fool Global Gains– Volume 1, Issue 1, December 2006
Yes! I am back from my ‘hiatus’ with the Singapore Acting (wayang) Force (SAF)… Ho ho ho…
Overall, reservist was a good therapy away from urban living and getting detached from technology especially blogging. Ha ha…
And it allowed me to have a good rest and served many opportunities to know my camp mates better.
Now in my 10th year since I ORD-ed (operational release date) from my active NS days, I did a quick observation on some of the things that remained unchanged like…
They are things like:
- The poor communication from top-down
- The free-flowing usage of vulgarities
- The ‘chao keng’ (malingering) antics by soldiers
- The wayang-ness of every training and programme
- The waste of human resources, talents, time and food
However, I also had observed the things that has changed:
- My body-aches after a 6-day outfield exercise
- I look forward to eating at the camp cookhouse (now food is outsourced)
- The commanders do not ask me to ‘down 20’ (push ups)
- In camp, we sleep on spring mattresses and not on a slab of sponge
- AND I can no longer fully button up my army slacks*
* Picture for reference below, but not for the weak stomach =p
Hope you never vomit… Ha ha ha…