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News Terrorists opened fire on people in Vienna, the capital of Austria, early on Tuesday. At least two people were killed and 15 were wounded. Police said the incident began near a synagogue, a community building in which Jewish people worship and study their religion, in Vienna. A major anti-terror operation is swung into action. People are asked not to use public transport. History Austria is a wealthy country. It has one of the highest standards of living in the world. It is located in central Europe. The capital of Austria is Vienna. Austria is considered a landlocked country because, it is surrounded on all sides by other countries and has no direct access to oceans. Its neighbours are Germany, the Czech Republic, Slovakia, Hungary, Switzerland, and Liechtenstein. Approximately 64% of the population of Austria is Roman Catholic. The Church enjoys a high and respected position in Austrian society. German is the official language.  Austria’s history is characteri...

News The World Thrift Day falls on October 31. The first International Thrift Congress, held in Milan, Italy in 1924, declared October 31 as the World Thrift Day. English Thrift is a noun. It means careful management, especially of money.  Sample sentences: Through hard work and thrift, they sent all of their children to college. Thrift is a great revenue. Diligence and thrift made him a possessor of warm fortunes He has the virtues of thrift and hard work. You have to work at thrift. Science > Economy At its simplest, interest is the cost of borrowing money. Generally, you’ll pay interest to borrow money, and you can collect interest when you lend money. When you put money in a savings account, the bank is technically borrowing the money and paying you interest in return. https://www.discover.com/online-banking/banking-topics/how-interest-works-on-savings-accounts/ There are two types of interest: simple, and compound interest. Simple interest is calculated on the principal, or...