Monaco vs Triest

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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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Trieste ( tree-EST, Italian: [triˈɛste] (listen); Slovene: Trst [tə́ɾst]) is a city and a seaport in northeastern Italy. It is towards the end of a narrow strip of Italian territory lying between the Adriatic Sea and Slovenia, which lies approximately 10–15 km (6.2–9.3 mi) south and east of the city. Croatia is some 30 km (19 mi) to the south. Trieste is at the head of the Gulf of Trieste and has a very long coastline, free sea access in Barcola and is surrounded by grassland, forest and karst areas. In 2018, it had a population of about 205,000 and it is the capital of the autonomous region Friuli-Venezia Giulia. The metropolitan population of Trieste is 410,000, with the city comprising about 240,000 inhabitants. Trieste was one of the oldest parts of the Habsburg Monarchy, belonging to it from 1382 until 1918. In the 19th century the monarchy was one of the Great Powers of Europe and Trieste was its most important seaport. As a prosperous seaport in the Mediterranean region, Trieste became the fourth largest city of the Austro-Hungarian Empire (after Vienna, Budapest, and Prague). In the fin de siècle period at the end of the 19th century it emerged as an important hub for literature and music. Trieste underwent an economic revival during the 1930s, and the Free Territory of Trieste became a major site of the struggle between the Eastern and Western blocs after the Second World War.

Trieste, with its deep-water port, is a maritime gateway for Northern Italy, Germany, Austria and Central Europe, as it was before 1918 and is considered the end point of the Maritime Silk Road with its connections via the Suez Canal and Turkey and the other Overland to Africa, China, Japan and many countries in Asia. Since the 1960s, Trieste, thanks to its many international organizations and institutions, has been one of the most important research locations in Europe, an international school and university city and has one of the highest living standards among Italian cities. In 2020, the city was also rated as one of the 25 best small cities in the world in terms of quality-of-life.The city, which lies at the intersection of Latin, Slavic, Germanic, Greek and Jewish culture, where Central Europe meets the Mediterranean Sea, is considered one of the literary capitals and was often referred to as early New York because of its diverse ethnic groups and religious communities. There are also other national and international names for the city such as "Città della Barcolana", "Trieste città della bora", "città del vento", "Trieste città della scienza – City of Science", "City of the three winds", "Vienna by the sea" or "City of coffee".

Source: Wikipedia