Monaco vs Detroit

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Monaco ( (listen); French pronunciation: ​[mɔnako]), officially the Principality of Monaco (French: Principauté de Monaco), is a sovereign city-state and microstate on the French Riviera close to the Italian region of Liguria, in Western Europe. Bordered by France to the north, east and west, it is lapped by the Mediterranean Sea to the south. The principality is home to 38,682 residents, of which 9,486 are Monégasque nationals; it is widely recognised for being one of the most expensive and wealthiest places in the world. The official language is French, although Monégasque (Ligurian-Italian dialect) Italian and English are spoken and understood by a sizeable group.With an area of 2.1 km2 (0.81 sq mi), it is the second smallest sovereign state in the world, after Vatican City. Its 19,009 inhabitants per square kilometre (49,230/sq mi) make it the most densely-populated sovereign state in the world. Monaco has a land border of 5.47 km (3.40 mi) and the world's shortest coastline of approximately 3.83 km (2.38 mi); it has a width that varies between 1,700 and 349 m (5,577 and 1,145 ft). The highest point in the state is a narrow pathway named Chemin des Révoires on the slopes of Mont Agel, in the Les Révoires ward, which is 161 metres (528 feet) above sea level. The principality is about 15 km (9.3 mi) from the border with Italy. Its most populous ward is Larvotto/Bas Moulins with a population of 5,443 as of 2008. Through land reclamation, Monaco's land mass has expanded by 20 percent. In 2005, it had an area of only 1.974 km2 (0.762 sq mi). The principality is governed under a form of constitutional monarchy, with Prince Albert II as head of state. Although Prince Albert II is a constitutional monarch, he wields immense political power; the Minister of State is the head of government. The officeholder can be either a Monégasque or French citizen; the monarch consults with the Government of France before an appointment. The House of Grimaldi has ruled Monaco, with brief interruptions, since 1297. The state's sovereignty was officially recognised by the Franco-Monégasque Treaty of 1861, with Monaco becoming a full United Nations voting member in 1993.

Despite Monaco's independence and separate foreign policy, its defence is the responsibility of France. However, Monaco does maintain two small military units. Economic development was spurred in the late 19th century with the opening of the state's first casino, the Monte Carlo Casino, as well as a railway connection to Paris. Since then, Monaco's mild climate, scenery and gambling facilities have contributed to the principality's status as a tourist destination and recreation centre for the rich. In more recent years, Monaco has become a major banking centre and has sought to diversify its economy into the services sector and small, high-value-added, non-polluting industries. The state has no income tax, low business taxes and is well known for being a tax haven. Over 30% of the resident population are millionaires, with real estate prices reaching €100,000 ($142,000) per square metre in 2018. Monaco is not formally a part of the European Union (EU), but it participates in certain EU policies, including customs and border controls. Through its relationship with France, Monaco uses the euro as its sole currency; prior to this it used the Monégasque franc. Monaco joined the Council of Europe in 2004 and is a member of the Organisation internationale de la Francophonie (OIF). It is also the host of the annual street circuit motor race Monaco Grand Prix, one of the original Grands Prix of Formula One and birthplace of Scuderia Ferrari driver Charles Leclerc. The principality has a club football team, AS Monaco, who compete in the French Ligue 1 and have become French champions on multiple occasions. A centre of research into marine conservation, Monaco is home to one of the world's first protected marine habitats, an Oceanographic Museum and the International Atomic Energy Agency Environment Labs, which is the only marine laboratory in the United Nations structure.

Source: Wikipedia

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Detroit (, locally also ; French: Détroit, lit. 'strait') is the largest and most-populous city in the U.S. state of Michigan, the largest U.S. city on the United States–Canada border, and the seat of Wayne County. The municipality of Detroit had a 2019 estimated population of 670,031, making it the 24th-most populous city in the United States. The metropolitan area, known as Metro Detroit, is home to 4.3 million people, making it the second-largest in the Midwest after the Chicago metropolitan area, and 14th-largest in the United States. Regarded as a major cultural center, Detroit is known for its contributions to music and as a repository for art, architecture and design.Detroit is a major port on the Detroit River, one of the four major straits that connect the Great Lakes system to the Saint Lawrence Seaway. The City of Detroit anchors the second-largest regional economy in the Midwest, behind Chicago and ahead of Minneapolis–Saint Paul, and the 13th-largest in the United States. Detroit is best known as the center of the U.S. automobile industry, and the "Big Three" auto manufacturers General Motors, Ford, and Fiat Chrysler are all headquartered in Metro Detroit. As of 2007, the Detroit metropolitan area is the number one exporting region among 310 defined metropolitan areas in the United States.The Detroit Metropolitan Airport is among the most important hubs in the United States. Detroit and its neighboring Canadian city Windsor are connected through a highway tunnel, railway tunnel, and the Ambassador Bridge, which is the second busiest international crossing in North America, after San Diego–Tijuana.In 1701, Antoine de la Mothe Cadillac founded Fort Pontchartrain du Détroit, the future city of Detroit. During the late nineteenth and early twentieth century, it became an important industrial hub at the center of the Great Lakes region. The city's population became the 4th-largest in the nation in 1920, after only New York City, Chicago and Philadelphia, with expansion of the auto industry in the early 20th century.

As Detroit's industrialization took off, the Detroit River became the busiest commercial hub in the world. The strait carried over 65 million tons of shipping commerce through Detroit to locations all over the world each year; the freight throughput was more than three times that of New York and about four times that of London. By the 1940s, the city's population remained as the fourth-largest in the country. However, due to industrial restructuring, the loss of jobs in the auto industry, and rapid suburbanization, Detroit entered a state of urban decay and lost considerable population from the late 20th century to the present. Since reaching a peak of 1.85 million at the 1950 census, Detroit's population has declined by more than 60 percent. In 2013, Detroit became the largest U.S. city to file for bankruptcy, which it successfully exited in December 2014, when the city government regained control of Detroit's finances.Detroit's diverse culture has had both local and international influence, particularly in music, with the city giving rise to the genres of Motown and techno, and playing an important role in the development of jazz, hip-hop, rock, and punk music. The rapid growth of Detroit in its boom years resulted in a globally unique stock of architectural monuments and historic places. Since the 2000s conservation efforts have managed to save many architectural pieces and achieved several large-scale revitalizations, including the restoration of several historic theatres and entertainment venues, high-rise renovations, new sports stadiums, and a riverfront revitalization project. More recently, the population of Downtown Detroit, Midtown Detroit, and various other neighborhoods has increased. An increasingly popular tourist destination, Detroit receives 19 million visitors per year. In 2015, Detroit was named a "City of Design" by UNESCO, the first U.S. city to receive that designation.

Source: Wikipedia