UK: benefits of international students add £20 bn to economy

International students are worth about 10 times more to the UK economy than they cost the taxpayer, according to a new report that will add to pressure currently mounting on the country’s government for a shift in policy on the issue.

The analysis, which, unlike most similar studies in the past, looks at the cost of hosting overseas students as well as the benefits, calculates the bill at £2.3 billion, including use of the NHS and other public services.

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Switzerland ranked first in Global Knowledge Index

The Global Knowledge Index is based on a combination of six sectoral indices including preuniversity education; technical vocational education and training (TVET); higher education; information and communications technology; research, development and innovation (RDI); and, finally, economy, in addition to a general sub-index on the general enabling environment.

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Business school ranking: LBS on the Top

The Financial Times has published the 2017 edition of its European Business School Ranking, which is based on the performance of each business school’s MBA, EMBA, Master in Management and Executive Education programs. The top 10 in this year’s ranking shows only a minor shuffling from last year.

For the fourth year in a row, London Business School leads the ranking, even though the school’s position in the FT’s Global MBA Ranking dropped this year, from third to sixth.

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Yale expert calls Bitcoin a "Dangerous Speculative Bubble"

A Yale expert has added his voice to the growing list of bitcoin naysayers by arguing that it is a ‘dangerous speculative bubble.’ The digital currency has been experiencing record highs throughout 2017. However, despite the impressive journey that bitcoin has been on, that hasn’t stopped many from claiming that it is in a bubble. Another voice added to that list is Stephen Roach, a Yale University senior fellow and the former Asia chairman and chief economist at Morgan Stanley, reports CNBC.

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Paradise Papers: Oxford and Cambrigde invested ten of millions offshore

The Paradise Papers have revealed that the prestigious British universities have committed significant sums to a hedge fund scheme related to investments in fossil fuels. The revelations are likely to increase pressure on both institutions over their investment policies. The universities of Oxford and Cambridge invested millions of pounds in offshore funds, according to revelations contained in the Paradise Papers.

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Swiss Public University started accepting Bitcoin

The Lucerne University of Applied Sciences and Arts in Switzerland announced the decision to accept Bitcoin payments. The university has identified that Bitcoin is on the cutting edge of new technologies, and seemingly appreciates the direction in which cryptocurrency is heading.

“Its [Bitcoin’s] ability to disseminate knowledge on cutting-edge technologies such as Blockchain, as well as its desire to gain experience in the practical aspects of this novel area,” the University said.

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