Nauru: Once the World’s Richest Island, Now Bankrupt
Nauru, a small island nation in the southwestern Pacific Ocean, was once considered one of the richest countries in the world. With a booming phosphate industry, it enjoyed immense wealth, allowing its citizens to experience a standard of living that surpassed many developed nations. However, this golden age was short-lived. Today, Nauru stands bankrupt, its … Read more