The recently released Economist Intelligence Unit’s Worldwide Cost of Living Index has declared Singapore as the most expensive city to live in the world. This is the fifth year in a row that the Asian city has taken the title. Meanwhile, Paris, France and Zurich, Switzerland tie at second place.
Twice annually, the Economist Intelligence Unit conducts a survey of 400 individual prices across over 150 products and services in 133 cities in 93 countries. This survey is then used to rank the different cities according to their expense. The list is made to help businesses determine the cost-of-living allowances and create compensation packages for employees they send abroad.
Singapore has higher costs for domestic help, personal care products, and household goods than in other cities.
Singapore also remains the most expensive city in the world to buy and maintain a car. It is also the third most expensive city to buy clothing. The prices of alcohol is also higher than in the other cities surveyed.
Singapore’s consistent number one rank in the survey proves a regional trend that shows cost of living rise in some parts of Asia.
This upward trend happens as the economies of several Asian nations continue to expand. Asian cities Hong Kong and Seoul in South Korea also join the top 10. There are other European cities that also rank high in the list along with Paris and Zurich; they are Oslo in Norway, Geneva in Switzerland, and Copenhagen in Denmark. The only city outside of Europe and Asia in the top 10 is Sydney in Australia.
However, the survey also found that some of the world’s cheapest cities are still in Asia.
The cheapest cities in the world include Bangalore, Chennai, Karachi, and New Delhi. They are also joined by Damascus, Caracus, Almaty, Lagos, Algiers, and Bucharest.
US Army Built a Fake Town to Hide Boeing Factory From Air Strikes During WWII
Consider the cost of each plane, the military really had to go the extra mile.
During the infamous World War 2, one B-17 Bomber would cost more or less $200,000 to produce. And in today’s economy, it is around $3.4 million. With the US Army requesting thousands of these planes, they would take every possible measure just to secure the Boeing factory responsible for creating them. And believe it or not, by “every possible measure” they mean hiring Hollywood set designers.
Well, that is because they wanted to build a fake neighborhood atop it. And in order to make it look very real, they also hired dozens of actors to live in the area. They believed that by doing so, they could protect the factory from any potential air strike. The so-called neighborhood was built sometime in 1944, though it was removed a year after.
At first glance, you would think this is nothing but an ordinary town with people enjoying the heat of the sun.
How Would You Like To Get Paid $38,000 a Year Playing with LEGO?
Everything is awesome in this job!
If someone offers you a chance to make a living playing with LEGO, would you go for it? Most of us have fond childhood memories with these iconic bricks that many probably won’t even hesitate about such a dream job opportunity if it ever existed.
Well, guess what? LEGO is actually looking forward to hiring an individual to work for their company as a Master Model Builder – and it pays quite well!
According to reports, the qualified applicant will be receiving a yearly salary of £27,000 (approximately US$38,000).
9 Popular Brand Logos Transformed Into Female Versions to Honor Women
These logos were transformed into their female versions in a bid for more gender equality.
The International Women’s day is all about empowering women, and recently, more companies than ever have come up with an idea to support the celebration. Creative Equals, in particular, aims to support talented women and promote diversity in various creative industries. Interestingly, the organization decided to replace some iconic brand logos with female versions in order to highlight the issues concerning the unbalanced branding in the media.
Their logos include popular brands such as Pringles, Schwarzkopf, DreamWorks, Monopoly, and Bic. Creative Equals hope that these witty female logo versions will bring out the issues of gender equality. In an interview, founder and CEO named Ali Hanan said that they are not doing this simply to attack brands personally. Instead, they want to show a couple of examples so as to get people celebrating International Women’s Day. Also, through this, they hope to convey the message which is the need for more women. Scroll down below to see how these iconic brand logos would appear if they were only females.