Tuvalu Financial News

Greta Thunberg said on Friday. Nearly 200 countries agreed at the summit to begin reducing global consumption of fossil fuel and adopt a raft of measures, including more clean energy production, to avert the worst effects of climate change.

India, USA and Indonesia to island nations like Tuvalu with 11,000 population. Citizen voters, in over 70 countries, millions of them first timers, attempted to address their own situations at the voting booths.

Anguilla is raking in extra unexpected revenue from registration fees for its

Penny Wong said on Sunday that a security and migration pact signed with Tuvalu showed Australia was a «genuine, reliable» regional partner, as it seeks to counter China's influence in the Pacific. Australia announced on Friday the security guarantee to the tiny Pacific Islands nation to respond to military aggression, protect it from climate change and boost migration. Australia, a United States ally, has been working to shore up its Pacific standing amid a rising China, which recently upgraded a security pact with Solomon Islands. «It is about Australia saying to the region and to Tuvalu, we are a genuine, reliable partner and when we say we are part of the Pacific family, we mean it,» Wong told the Australian Broadcasting Corp, regarding the Tuvalu pact. Asked if it was linked to China's activity in the region, Wong said: «We recognise we live in a more contested region and we have to work harder to be a partner of choice, we know that». Under the treaty, announced in the Cook Islands by Australia's Prime Minister Anthony Albanese and his Tuvalu counterpart Kausea Natano, Australia will also vet Tuvalu's security arrangements with other nations. Albanese has called the pact Australia's most significant agreement with a Pacific Island nation, giving «a guarantee that upon a request from Tuvalu for any military assistance based upon security issues, Australia will be there.» Tuvalu, population around 11,000, is one of just 13 nations to maintain an official diplomatic relationship with Taiwan, as Beijing has made increasing Pacific inroads. A collection of nine low-lying islands mid-way between Australia and Hawaii, Tuvalu is one of the world's most at-risk countries from climate change and has long drawn

global Internet outage just for a single day? Have you ever thought about it? According to a new report, if the internet goes down globally for even just a single day, it would cost $43 billion, with the US and China making up almost half of the sum together, which is $21 billion. If an internet outage occurs just for a single day, the US alone would face huge losses of around $11 billion. China is estimated to lose nearly $10 billion, according to the VPN service provider AtlasVPN. Meanwhile, the UK would lose around $3 billion, and Japan is expected to lose approximately $2.7 billion.

By Valerie Volcovici

By Valerie Volcovici and Riham Alkousaa

India has significantly improved its passport ranking by rising 5 spots from last years and is now ranked 80th in the latest Henley Passport Index. Owning to this, Indians can travel to 57 destinations completely visa free or visas on arrival arrangements.  However, it is to be noted here that India has scored poorly in mobility.

In the South Pacific, the island nation of Tuvalu decided to turn to Web3 technology in order to make sure its culture and society are preserved in the future.