Monaco vs Edinburgh

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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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Edinburgh ( (listen); Scots: Edinburgh; Scottish Gaelic: Dùn Èideann [ˈt̪uːn ˈeːtʲən̪ˠ]) is the capital of Scotland and one of its 32 council areas. Historically part of the county of Midlothian (interchangeably Edinburghshire before 1921), it is located in Lothian on the Firth of Forth's southern shore. Recognised as the capital of Scotland since at least the 15th century, Edinburgh is the seat of the Scottish Government, the Scottish Parliament and the supreme courts of Scotland. The city's Palace of Holyroodhouse is the official residence of the monarch in Scotland. The city has long been a centre of education, particularly in the fields of medicine, Scots law, literature, philosophy, the sciences and engineering. It is the second largest financial centre in the United Kingdom (after London) and the city's historical and cultural attractions have made it the United Kingdom's second most visited tourist destination attracting 4.9 million visits including 2.4 million from overseas in 2018.Edinburgh is Scotland's second most populous city and the seventh most populous in the United Kingdom. The official population estimates are 488,050 (2016) for the Locality of Edinburgh (Edinburgh pre 1975 regionalisation plus Currie and Balerno), 524,930 (2019) for the City of Edinburgh, and 1,339,380 (2014) for the city region.

Edinburgh lies at the heart of the Edinburgh and South East Scotland city region comprising East Lothian, Edinburgh, Fife, Midlothian, Scottish Borders and West Lothian.The city is the annual venue of the General Assembly of the Church of Scotland. It is home to national institutions such as the National Museum of Scotland, the National Library of Scotland and the Scottish National Gallery. The University of Edinburgh, founded in 1582 and now one of three in the city, is placed 20th in the QS World University Rankings for 2020. The city is also known for the Edinburgh International Festival and the Fringe, the latter being the world's largest annual international arts festival. Historic sites in Edinburgh include Edinburgh Castle, the Palace of Holyroodhouse, the churches of St. Giles, Greyfriars and the Canongate, and the extensive Georgian New Town built in the 18th/19th centuries. Edinburgh's Old Town and New Town together are listed as a UNESCO World Heritage site, which has been managed by Edinburgh World Heritage since 1999.

Source: Wikipedia