Economy of Tuvalu Economy of Tuvalu Tuvalu is a Polynesian island nation located in the Pacific Ocean, midway between Hawaii and Australia. The economy of Tuvalu is constrained by its remoteness and lack of economies of scale. Government revenues largely come from fishing licences (primarily paid under the South Pacific Tuna Treaty); direct grants from international donors (government donors as well as from the Asian Development Bank); and income from the Tuvalu Trust Fund (established in 1987 by the United Kingdom, Australia, New Zealand). The lease of its highly fortuitous .tv Top Level Domain (TLD) also contributes revenue; however, revenue from the sales
Marshall Islands at the 2016 Summer Olympics of their largest Olympic delegations, matching their size in 2008. The delegation, however, failed to win their first-ever Olympic medal. The Marshall Islands are a Micronesian island nation, located in the western Pacific Ocean midway between Hawaii and Australia. As of 2016 the nation had a population of approximately 53,000. The islands were under Spain's influence until their annexation by Germany in 1885. Japan occupied the Islands during World War I and formally annexed them as part of its postwar South Pacific Mandate. The Marshall Islands were placed under United States control in 1944. The islands granted independence in 1986