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With a total area of 12,407 square miles (32,130 km 2 ), Maryland is the ninth-smallest state by land area, [10] and its population of 6,177,224 ranks it the 18th-most populous state and the fifth-most densely populated. Maryland's capital is Annapolis, and the most populous city is Baltimore. [11]
Officially registered unemployment stood at 30.9% of the labour force in September 2013, although 63.1% of the population are not economically active. The IMF have pointed out that informal employment is widespread, and the ratio of wages to per capita GDP is the second highest in South-East Europe; the true rate may therefore be lower. [21]
The main increase in revenue came from income tax, which in 1915 went up to 3s. 6d in the pound (17.5%), and individual exemptions were lowered. The income tax rate grew to 5s in the pound (25%) in 1916, and 6s (30%) in 1918. Altogether, taxes provided at most 30 percent of national expenditure, with the rest from borrowing.
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Emirates Airlines decided to accelerate the retirement of its A340 fleet, writing down the value of the A340-500 type to zero despite the oldest −500 only being 10 years old, with president Tim Clark saying they were "designed in the late 1990s with fuel at $25–30. They fell over at $60 and at $120 they haven't got a hope in hell".
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