The 'world's richest island' with Lamborghinis and Ferraris that's now bankrupt
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manchestereveningnews.co.ukA beautiful island nation in Micronesia was once one of the richest countries in the world after a startling discovery was made there.
Nauru, a country in the southwestern Pacific Ocean, is known for its idyllic scenery with a coral reef, white-sand beaches and swaying palms - but also has a dark history of foreign domination.
For decades, the island's economy was dominated by phosphate, a sought-after material used in fertilisers, which it was discovered to have rich reserves of in the early 1900s by a British company.
Mining began on the island in 1907, which was exploited for much of the 20th century, by the British, Australian and New Zealand governments.
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