rmula, China's socialist economic system will not be
imposed on Hong Kong and that Hong Kong will enjoy a high degree of
autonomy in all matters except foreign and defense affairs for the
next 50 years.

Howland Island
Discovered by the US early in the 19th century, the
island was officially claimed by the US in 1857. Both US and British
companies mined for guano until about 1890. Earhart Light is a day
beacon near the middle of the west coast that was partially
destroyed during World War II, but has since been rebuilt; it is
named in memory of the famed aviatrix Amelia EARHART. The island is
administered by the US Department of the Interior as a National
Wildlife Refuge.

Hungary
Hungary was part of the polyglot Austro-Hungarian Empire,
which collapsed during World War I. The country fell under Communist
rule following World War II. In 1956, a revolt and announced
withdrawal from the Warsaw Pact were met with a massive military
intervention by Moscow. Under the leadership of Janos KADAR in 1968,
Hungary began liberalizing its economy, introducing so-called
"Goulash Communism." Hungary held its first multiparty elections in
1990 and initiated a free market economy. It joined NATO in 1999 and
the EU in 2004.

Iceland
Settled by Norwegian and Celtic (Scottish and Irish)
immigrants during the late 9th and 10th centuries A.D., Iceland
boasts the world's oldest functioning legislative assembly, the
Althing, established in 930. Independent for over 300 years, Iceland
was subsequently ruled by Norway and Denmark. Fallout from the Askja
volcano of 1875 devastated the Icelandic economy and caused
widespread famine. Over the next quarter century, 20% of the
island's population emigrated, mostly to Canada and the US. Limited
home rule from Denmark was granted in 1874 and complete independence
attained in 1944. Literacy, longevity, income, and social cohesion
are first-rate by world standards.

India
The Indus Valley civilization, one of the oldest in the world,
dates back at least 5,000 years. Aryan tribes from the northwest
invaded about 1500 B.C.; their merger with the earlier Dravidian
inhabitants created the classical Indian culture. Arab incursions
starting in the 8th century and Turkish in the 12th were followed by
those of European traders, beginning in the late 15th century. By
the 19th century, Britain had assumed political control of vir