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London is the capital and largest city of England and the United Kingdom. The city stands on the River Thames in the south-east of England, at the head of its 50-mile (80 km) estuary leading to the North Sea. London has been a major settlement for two millennia. Londinium was founded by the Romans. The City of London, London's ancient core and financial centre − an area of just 1.12 square miles (2.9 km2) and colloquially known as the Square Mile − retains boundaries that closely follow its medieval limits. The adjacent City of Westminster is an Inner London borough and has for centuries been the location of much of the national government. Thirty one additional boroughs north and south of the river also comprise modern London. London is governed by the mayor of London and the London Assembly.London is one of the world's most important global cities and has been called the world's most powerful, most desirable, most influential, most visited, most expensive, sustainable, most investment-friendly, and most-popular-for-work city. It exerts a considerable impact upon the arts, commerce, education, entertainment, fashion, finance, healthcare, media, professional services, research and development, tourism and transportation. London ranks 26th out of 300 major cities for economic performance. It is one of the largest financial centres and has either the fifth- or sixth-largest metropolitan area GDP. It is the most-visited city as measured by international arrivals and has the busiest city airport system as measured by passenger traffic. It is the leading investment destination, hosting more international retailers than any other city. As of 2020, London has the second-highest number of billionaires of any city in Europe, after Moscow.
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Schenectady () is a city in Schenectady County, New York, United States, of which it is the county seat. As of the 2010 census, the city had a population of 66,135. The name "Schenectady" is derived from the Mohawk word skahnéhtati, meaning "beyond the pines". Schenectady was founded on the south side of the Mohawk River by Dutch colonists in the 17th century, many of whom were from the Albany area. The Dutch transferred the name "Skahnéhtati" which is in reality the Mohawk name for Albany, New York. These Dutch were prohibited from the fur trade by the Albany monopoly, which kept its control after the English takeover in 1664. Residents of the new village developed farms on strip plots along the river.
Connected to the west via the Mohawk River and Erie Canal, Schenectady developed rapidly in the 19th century as part of the Mohawk Valley trade, manufacturing, and transportation corridor. By 1824, more people worked in manufacturing than agriculture or trade, and the city had a cotton mill, processing cotton from the Deep South.
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