History of Orkney should continue to be observed in Orkney and Shetland. Thus the udal succession and mode of land tenure (that is, absolute freehold as distinguished from feudal tenure) lingered to some extent, and the remaining udallers held their lands and passed them on without written title. The islands cluster round the huge deep-water anchorage of Scapa Flow like a protecting hand, and in both World War I and World War II, the Royal Navy had a major base there, enabling them to challenge any attempt by German warships to emerge into the ocean through the Norwegian Sea. After the Armistice in
Economy of the British Virgin Islands Economy of the British Virgin Islands The economy of the British Virgin Islands is one of the most prosperous in the Caribbean. Although tiny in absolute terms, because of the very small population of the British Virgin Islands, in 2010 the Territory had the 19th highest GDP per capita in the world according to the CIA World factbook. In global terms the size of the Territory's GDP measured in terms of purchasing power is ranked as 215th out of a total of 229 countries. The economy of the Territory is based upon the "twin pillars" of financial services, which generates