Monaco
| Principality of Monaco |
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(and Monaco's largest city) |
Source information is available at [ Sources ] |
Monaco, officially the Principality of Monaco, is a sovereign city-state and microstate on the French Riviera a few kilometers west of the Italian region of Liguria, in Western Europe, on the Mediterranean Sea. It is a semi-enclave bordered by France to the north, east, and west. The principality is home to 38,682 residents, of whom 9,486 are Monégasque nationals; it is recognized as one of the world's wealthiest and most expensive places. The official language is French; many residents speak and understand Monégasque, English, and Italian.
With an area of 2.08 km2 (0.80 sq mi), Monaco is the second-smallest sovereign state in the world after Vatican City. Its population of 38,367 in 2023 makes it the most densely populated sovereign state. Monaco has the world's shortest coastline: 3.83 km (2.38 mi). The principality is about 15 km (9.3 mi) from the border with Italy and consists of nine administrative wards, the largest of which is Monte Carlo.
The principality is governed under a constitutional monarchy, with Prince Albert II as head of state, who wields political power despite his constitutional status. The prime minister, the head of government, can be either a Monégasque or French citizen; the monarch consults with the Government of France before an appointment. Key members of the judiciary are detached French magistrates. With brief interruptions, the House of Grimaldi has ruled Monaco since 1297. The Franco-Monégasque Treaty of 1861 officially recognized the state's sovereignty, with Monaco becoming a full United Nations voting member in 1993. Despite Monaco's independence and separate foreign policy, its defense is France's responsibility, besides maintaining two small military units.
Monaco's economic development was spurred in the late 19th century by opening the state's first casino, the Monte Carlo Casino, and a rail connection to Paris. Monaco's mild climate, scenery, and gambling facilities have made it a tourist destination and recreation center for the rich. Monaco has become a major banking center and sought to diversify into the services sector and small, high-value-added, non-polluting industries. Monaco is a tax haven with no personal income tax (except for French citizens) and low business taxes. Over 30% of residents are millionaires, and real estate prices reached €100,000 ($116,374) per square meter in 2018. Monaco is a global hub of money laundering. In June 2024, the Financial Action Task Force placed Monaco under increased monitoring or a “grey list” to combat money laundering and terrorist financing.
Monaco is not part of the European Union (EU) but participates in certain EU policies, including customs and border controls. Monaco uses the euro as its sole currency through its relationship with France. Monaco joined the Council of Europe in 2004 and is a member of the Organisation internationale de la Francophonie (OIF). It hosts the annual motor race, the Monaco Grand Prix, one of the original Grands Prix of Formula One. The local motorsports association gives its name to the Monte Carlo Rally, hosted in January in the French Alps. The principality has a club football team, AS Monaco, which competes in French Ligue 1 and has been French champions on multiple occasions, and a basketball team, which plays in the EuroLeague. A center 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 Marine Environment Laboratories, the only marine laboratory in the UN structure.
Spanking and Spanking Art in Monaco
In the 20th century, school corporal punishment fell out of fashion and was gradually banned in many countries, a trend that continues until the present day.
As of May 2008, Monaco permits corporal punishment in schools.
( We have no further information from SAOTK as of Oct, 2024 )
( We have no further information from Corpun.com as of Oct, 2024 )
Prostitution in Monaco
- Prostitution in Monaco ↗ on Wikipedia
External links
- More information is available at [ Wikipedia:Monaco ]
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