1 Billion Years of Tectonic Plate Movement in 40 Seconds
According to plate tectonic theory, the Earth’s surface is made up of slabs of rock that are slowly shifting right under our feet.
Because of this constant movement, today’s Earth looks a lot different from what it did millions of years ago. Today’s animation looks at the Earth’s tectonic plate movement from 1 ga (geological time for 1 billion years ago) to the present-day, via EarthByte on YouTube.
Editor’s note: The video starts at time 1,000 ma (1,000 million years ago), and ticks down at the rate of about 25 million years every second.
The Emergence of Plate Tectonic Theory
Plate tectonics is a relatively new theory—in fact, according to National Geographic, it hadn’t become popular until the 1960s. However, the concept of continental movement was brewing long before it became widely accepted.
In 1912, German scientist Alfred Wegener proposed a theory he called continental drift. According to Wegener’s theory, Earth’s continents once formed a single, giant landmass, which he called Pangaea.
Over millions of years, Pangaea slowly broke apart, eventually forming the continents as they are today. Wegener believed this continental drift explained why the borders of South America and Africa looked like matching puzzle pieces. He also pointed to similar rock formations and fossils on these two continents as proof to back his theory.
Initially, the scientific community wasn’t on board with the theory of continental drift. But as more data emerged over the years, including research on seafloor spreading, the theory started to gain traction.
The Supercontinent Cycle
Nowadays, it’s believed that Pangea was just one of several supercontinents to mass together (and break apart) over the course of geological history.
The exact number of supercontinents is largely debated, but according to the Encylopedia of Geology, here are five (including Pangea) that are widely recognized:
- Kenorland: 2.7-2.5 billion years ago
- Nuna/Columbia: 1.6-1.4 billion years ago
- Rodinia: 950–800 million years ago
- Pannotia: 620-580 million years ago
- Pangea: 325-175 million years ago
According to the theory, this cycle of breaking apart and coming together happens because of subduction, which occurs when tectonic plates converge with one another.
The supercontinent cycle also ties into ocean formation. The below example of the Wilson Cycle specifically keys in on how the Atlantic Ocean, and its predecessor, the Iapetus Ocean, were formed as supercontinents drifted apart:
Source: Hannes Grobe
The Importance of Plate Tectonics
Plate tectonics has been a game-changer for geologists. The theory has helped to explain tons of unanswered geological questions, assisting scientists in understanding how volcanoes, mountains, and ocean ridges are formed.
It’s also valuable for the oil and gas industry since it explains how sedimentary basins were created, allowing geologists and engineers to target and locate vast oil reserves.
Since the theory of plate tectonics is relatively new, there’s still a lot to be discovered in this field of research. However, in March 2021, a report was published in Earth-Science Reviews that, for the first time, visualized a continuous plate model that shows how Earth’s plates have shifted over the last billion years.
The video above visualizes this particular report and accurately depicts the Earth’s tectonic plates’ movement or the observed shift in Earth’s tectonic plates over the years.
Coffee vs Tea vs Soft Drinks: What Caffeine Drinks Do Countries Prefer?
Do you drink coffee, tea, or cola? Each country has their own drink preference.
Coffee vs Tea vs Soft Drinks: Caffeinated Drink Popularity
Coffee, tea, or soft drinks… How do you get your caffeine fix?
It might be the world’s most widely consumed psychoactive substance, but your preferred caffeine drink of choice might come down to where you live.
A study into caffeine consumption of 57 countries examined the role it plays in our diets, using the volume sales of caffeine-containing beverages from Euromonitor to see what caffeine source each country prefers.
The resulting map of caffeine preference shows regional trends, including some surprising standouts.
Most Purchased Caffeine Drink By Country
There are many different caffeine drinks for consumers to choose from, from brewed drinks to ready-to-drink vending machine options.
To simplify tastes, we grouped them into three types:
- Coffee — Includes fresh brewed coffee, instant coffee, and ready-to-drink coffee.
- Tea — Includes herbal, black, green, and other teas, as well as ready-to-drink tea.
- Soft Drinks — Includes colas, other soft drinks, sports drinks, and energy drinks.
Here’s the full breakdown of each country’s preferred caffeine drink of choice, by volume sales.
|Country||Region||Most Purchased Caffeine Drinks|
|South Africa||Africa||Soft Drinks|
|Costa Rica||North America||Coffee|
|Dominican Republic||North America||Coffee|
|Guatemala||North America||Soft Drinks|
|Mexico||North America||Soft Drinks|
|U.S.||North America||Soft Drinks|
|Argentina||South America||Soft Drinks|
|Bolivia||South America||Soft Drinks|
|Chile||South America||Soft Drinks|
|Colombia||South America||Soft Drinks|
|Uruguay||South America||Soft Drinks|
|Venezuela||South America||Soft Drinks|
Examining the regional spread shows us some expected caffeine strongholds.
Tea was the preferred drink of choice for many countries in most of Asia, including China, India, Indonesia, and Japan. But it also showed a strong foothold in Africa, as Kenya is the world’s largest black tea exporter, and in Europe, as Turkey, Ireland, and the UK are the world’s top three tea-consuming countries per capita.
Coffee was the most preferred caffeine drink in a number of countries in Europe, including all of the Nordic countries. It is also the drink of choice in Canada, South Korea, and Brazil, the latter two being the only countries in Asia and South America to prefer coffee.
Perhaps most surprising is the global preference for soft drinks. The U.S. and most of Latin America overwhelmingly consumed soft drinks over other caffeine drinks, as did the Philippines, Thailand, and Australia. Even in Europe, some countries that are heavy coffee drinkers like Italy and Switzerland purchased more soft drinks than coffee by narrow margins.
Coke’s Influence on the Coffee vs Tea vs Soft Drinks Debate
Though the global map of caffeine preference looks regionally-specific at a glance, there are some notable business influences at play.
The proliferation of soft drinks in Latin America is largely due to the power of Coca-Cola. Mexico, the country which preferred soft drinks the most over other drinks, is also the world’s biggest consumer of Coca-Cola per capita. Coca-Cola also reached far beyond the borders of the U.S. where it originated, becoming a staple drink in many parts of Europe, Australia, and Asia.
This power of brands extends to coffee as well. Many coffee-preferring countries actually leaned more towards instant coffee purchases over freshly brewed coffee, a mark of the lasting influence of Nestlé’s brand of instant coffee, Nescafé.
But it’s important to note that many countries were not tabulated, and that caffeine purchases don’t differentiate between every single possible caffeine drink. There are many different types of coffees, teas, soft drinks, and even yerba mate for consumers to choose from.
As a snapshot of global caffeine consumption, it’s a reminder that the world’s most commonly consumed psychoactive stimulant is taken in many different forms. Both throughout history, and in modern times.
Mapped: The World’s Biggest Private Tax Havens
What countries or territories do the ultra-wealthy use as tax havens?
The World’s Biggest Private Tax Havens
When the world’s ultra-wealthy look for tax havens to shield income and wealth from their domestic governments, where do they turn?
If you’re putting money in offshore bank accounts in order to save on taxes, there are two main criteria you’re looking for: secrecy and accessibility. Based on pop culture and media reports, you might imagine a secretive bank in Switzerland or a tiny island nation in the Caribbean.
And though there is some truth to that logic, the reality is that the world’s biggest tax havens are spread all over the world. Some of them are small nations as expected, but others are major economic powers that might be surprising.
Here are the world’s top 20 tax havens, as ranked by the 2020 Financial Secrecy Index (FSI) by the English NGO Tax Justice Network.
Which Countries are the Biggest Tax Havens?
The FSI ranks countries and territories from all over the world on two criteria: secrecy and scale.
- Secrecy Score: How well the jurisdiction’s banking system can hide money. This includes analysis of ownership registration, legal entity transparency, tax and financial regulations, and cooperation with international standards.
- Global Scale Weight: What is the jurisdiction’s share of the world’s total cross-border financial services? This metric is based primarily on the IMF’s Balance of Payments statistics.
By weighing a country’s ability to hide money by its relative share of offshore financial services, we see the tax havens with the biggest impact on the global economy.
|1||🇰🇾 Cayman Islands||Caribbean|
|2||🇺🇸 United States||North America|
|4||🇭🇰 Hong Kong||East Asia|
|5||🇸🇬 Singapore||Southeast Asia|
|7||🇯🇵 Japan||East Asia|
|9||🇻🇬 British Virgin Islands||Caribbean|
|10||🇦🇪 United Arab Emirates||Middle East|
|12||🇬🇧 United Kingdom||Europe|
|13||🇹🇼 Taiwan||East Asia|
|17||🇹🇭 Thailand||Southeast Asia|
|19||🇨🇦 Canada||North America|
|20||🇶🇦 Qatar||Middle East|
At a glance, the top 20 tax havens are spread out across regions. Just under half of the list is located in Europe, but the rest are spread out across the Americas and Asia.
And the jurisdictions are opposites in many ways. They include financial powerhouses like the U.S., Japan, and the UK as well as smaller nations and territories like the Cayman Islands, Hong Kong, and Luxembourg.
But one surprising thing many of them have in common is a link to England. In addition to the UK, four of the top 20 tax havens—Cayman Islands, British Virgin Islands, Guernsey, and Jersey—are British Overseas Territories or Crown Dependencies.
Also worth noting is the importance of scale in the rankings. The highest ranking jurisdictions by secrecy score were actually the Maldives, Angola and Algeria, but they represent less than 0.1% of total offshore financial services.
Best Place To Hide Private Vs. Corporate Tax
Some of the listed tax havens might be confusing to nationals of those countries, but that’s where relativity is important. The U.S. and Canada might not be tax havens for American or Canadian nationals, but the ultra-wealthy from East Asia and the Middle East are reported to utilize them due to holes in foreign tax laws. Likewise, the UAE has reportedly become a tax haven for Africa’s ultra-wealthy.
In addition, many of the countries used as tax havens for individual wealth are also utilized by corporations.
The Tax Justice Network’s 2021 assessment of corporate tax havens listed the British Virgin Islands, Cayman Islands, and Bermuda as the top three tax corporate tax havens.
While individuals might create shell companies in tax havens to hide their wealth, corporations are usually directly incorporated in the tax haven in order to defer taxes.
But the tax haven landscape might soon shift. The G7 struck a deal in June 2021 to start taxing multinational corporations based on the revenue generated in each country (instead of where the company is based), as well as setting a global minimum tax of 15%. In total, a group of 130 countries have agreed to the deal, including India, China, the UK, and the Cayman Islands.
As the campaign to bring back deferred taxes ramps up, the question becomes one of response. Will the ultra-wealthy individuals and corporations start to work in tandem with the new rules, or discover new workarounds and tax havens?
Misc4 weeks ago
Mapped: Global Happiness Levels in 2021
Misc2 weeks ago
Coffee vs Tea vs Soft Drinks: What Caffeine Drinks Do Countries Prefer?
Technology4 weeks ago
Long Waves: The History of Innovation Cycles
Markets4 weeks ago
Who are the Dividend Aristocrats in 2021?
Misc1 week ago
The Best-Selling Car in America, Every Year Since 1978
Demographics2 weeks ago
Interactive: How the U.S. Population Has Changed in 10 Years, by State
Technology3 weeks ago
The World’s Tech Giants, Compared to the Size of Economies
Technology7 days ago
Ranked: The Most Innovative Companies in 2021