Southern Hemisphere Southern Hemisphere are São Paulo, where the Bovespa Index is headquartered, along with Sydney, home to the Australian Securities Exchange, Johannesburg, home to the Johannesburg Stock Exchange and Buenos Aires, headquarters of the Buenos Aires Stock Exchange, the oldest stock market in the Southern Hemisphere. Among the most developed nations in the Southern Hemisphere are Australia, with a nominal GDP per capita of US$51,850 and a Human Development Index of 0.939, the second highest in the world as of 2016. New Zealand is also well developed, with a nominal GDP per capita of US$38,385 and a Human Development Index of
Olympic Games of sports to encompass other winter activities. At the 1921 Olympic Congress in Lausanne, it was decided to hold a winter version of the Olympic Games. A winter sports week (it was actually 11 days) was held in 1924 in Chamonix, France, in connection with the Paris Games held three months later; this event became the first Winter Olympic Games. Although it was intended that the same country host both the Winter and Summer Games in a given year, this idea was quickly abandoned. The IOC mandated that the Winter Games be celebrated every four years on the same year