Picture of the Day

Picture of the Day

The Fiscal Times Staff  // 

August 10, 2015

Children wearing LED-lit costumes perform during Singapore's Golden Jubilee celebration parade at Padang near the central business district. Singapore marks 50 years of independence on Sunday. An island of 5.5 million people that sits just north of the equator, what was a post-colonial backwater at independence from Malaysia in 1965 is now a global business hub whose economic and social model is the envy of nations around the world.

© Kevin Lamarque / Reuters