Grand Fleet Grand Fleet The Grand Fleet was the main fleet of the Royal Navy during the First World War. Formed in August 1914 from the First Fleet and elements of the Second Fleet of the Home Fleets, the Grand Fleet included 25–35 state-of-the-art capital ships. It was initially commanded by Admiral Sir John Jellicoe. He was succeeded by Admiral Sir David Beatty in December 1916. The Grand Fleet was based first at Scapa Flow in the Orkney Islands and later at Rosyth on the Firth of Forth. It took part in the biggest fleet action of the war – the Battle
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