foreign exchange

Tourism is one of the main income sources of developing countries. For Kenya, one of Africa's leading tourism destinations, the industry is the country's second largest source of foreign exchange after agriculture. [...] Currently Kenya is serviced from the key long-haul source markets by five international full-service airlines that fly direct from their hub to Nairobi.

Tourism is a key foreign exchange earner in East Africa. Rwanda, which is still heavily dependent on foreign aid after the 1994 genocide tore the nation apart, has been seeking to boost the sector. Tourism generated $404 million from 1.3 visitors in 2016, and revenues are expected to climb 14 percent to 460 million in 2017.

Seven students of M S University (MSU) have been selected for the prestigious European Union-funded Erasmus Mundus Fellowships worth Rs 85 lakh. The fellowship programmes are arranged and managed by the Office of International Affairs at the M S University of Baroda.

This week, Barack Obama emphasized U.S. soft power but news coverage revealed mixed reviews of American public diplomacy. 

The Knesset Education Committee said Tuesday it vehemently opposes a recent push to establish English-language degree programs in law, saying such studies could undermine the place of Hebrew in Israeli society and facilitate emigration. Mks said they would only allow English-language law programs that cater exclusively to foreign students.

Tourism has evolved over the past decades into one of the fastest-growing sectors in the world and a transformative force in global development. More than one billion people travelled the world in 2012. Tourism represents today up to 9 percent of global GDP in direct, indirect and induced impacts), 30 percent of service exports and employs 1 in 11 people around the world.