Nauru-a tiny island state in the Pacific Ocean-was once considered one of the richest in the world per capita due to the extraction of phosphates. However, his economic take -off was replaced by a sharp fall, leaving the country in the search for new sources of income. About this writes The Mirror.

The phosphate boom began at the beginning of the 20th century, when the British company discovered huge reserves of this valuable resource used in fertilizers. For decades, Great Britain, Australia and New Zealand, actively developed deposits, until in 1968 Nauru became independent and took control. This led to unprecedented wealth: in the 1980s, per capita income exceeded the indicators of oil monarchies of the Middle East.

On the wave of prosperity, the state provided citizens with free education, medical care and transport. Residents enjoyed luxury: they said that the police chief acquired Lamborghini, but could not fit in him. However, wealth quickly evaporated-by the 1990s, phosphate reserves were exhausted, and the economy was in decline.

In an attempt to cope with the crisis, Nauru tried to become an offshore tax harbor and sold passports, but soon abandoned these schemes. In 2005, the country resumed the prey of phosphates, but this source of income could no longer provide previous well -being.

Nauru received significant financial support thanks to an agreement with Australia: the country posted the center of maintenance of refuge providers in exchange for economic assistance. The island also earns on the fishing industry, but remains vulnerable to possible economic shocks.

The publication notes that today one of the main problems of Nauru is the health of the population: more than 70% of residents are obese, and the smoking level remains critically high. Experts associate this with an economic recession that limited access to high -quality nutrition.

Focus previously reported that the couple sold a large house and built a unique village on the seashore.

After traveling to the Sylvia and Eric Hawkins autofurg, they decided to realize their old dream. They purchased a plot of 4 Akra and turned it into a cozy camping with small houses.

It also became known that the spouses sold a house on the seashore to live in a small boat. Ula and Josh conducted a tour of their house and shared the experience of life on the water. They showed how their unique housing was conveniently and rationally organized, and also talked about the difficulties that they had to encounter.