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
Internet in Australia to the greater Internet, there existed an IP-based network, linking academic institutions within Australia, known as ACSNet, using the .oz domain and connected to international networks using other technologies. When Australia was fully integrated into the Internet, this domain was moved under .au to become .oz.au and still exists today. The first permanent circuit connecting AARNet to ARPANet using TCP/IP over X.25 was established in May 1989. It linked the University of Melbourne with the University of Hawaii via a 2400-bit/s (bits per second) satellite connection. It was later upgraded to 56 kbit/s (kilobits per second), and then 256 kbit/s,