February 2024 - Page 5 of 10 - Riverdale Standard

Sophia Johnson

Tbilisi Taxi Drivers Get a Break on License Fees

The city of Tbilisi has announced a reduction in the prices for category A taxi licenses, which are required for white-colored taxis operating in the city. The move is aimed at easing the financial burden on taxi drivers and encouraging them to activate their permits before the deadline of April 1, 2024. What are category A taxi licenses? Category A taxi licenses are a type of permit that allows taxi…

NDI Launches Pre-election Assessment Mission in Georgia

The National Democratic Institute (NDI) has started its Pre-election Assessment Mission (PEAM) in Georgia, ahead of the 2024 parliamentary elections. The mission will evaluate the electoral environment and offer recommendations to improve the integrity and credibility of the democratic process. What is the PEAM? The PEAM is a series of high-level meetings with various electoral stakeholders, including party representatives, government officials, civil society, media, and the international community. The mission…

Georgia and Korea Begin Talks on Economic Partnership Agreement

The first round of negotiations on economic partnership between Georgia and the Republic of Korea was opened in Tbilisi on February 21, 2024. The two countries aim to enhance their trade and investment relations by establishing a comprehensive and mutually beneficial agreement. Background and Objectives of the Negotiations The opening of negotiations was preceded by many years of intensive work with the side of the Republic of Korea. The two…

Georgian Companies See Mixed Performance on London Stock Exchange

The London Stock Exchange (LSE) is one of the world’s largest and most influential financial markets, where many companies from different countries and sectors trade their shares. Among them are three Georgian companies: TBC Bank, Bank of Georgia, and Capital of Georgia. These companies represent the banking and insurance sectors of the Georgian economy, and their share prices reflect their financial performance and outlook. In this article, we will look…

Astana to Host Global Leaders and Experts at the 2024 AIF

Astana, the capital city of Kazakhstan, is preparing to welcome government and business leaders from around the world at the second annual Astana International Forum (AIF) on June 13 and 14, 2024. The AIF is a prestigious platform for dialogue and cooperation on the most pressing issues facing the global community. AIF 2024: A Milestone for Kazakhstan The AIF 2024 is a significant event for Kazakhstan, as the country will…

Remembering Maro Makashvili: The Georgian Heroine Who Died 103 Years Ago

On February 19, 1921, a young Georgian woman named Maro Makashvili lost her life while serving as a nurse during the Red Army invasion of Georgia. She was only 19 years old, but she left behind a legacy of courage, patriotism, and inspiration. Today, on the anniversary of her death, we pay tribute to her remarkable story and achievements. A Passionate Writer and Activist Maro Makashvili was born on August…

ADB and Credo Bank Support Women in Agriculture with $25 Million Loan

The Asian Development Bank (ADB) and Credo Bank have signed a loan agreement of 65 million lari (equivalent to around $25 million) to support micro, small, and medium-sized enterprises (MSMEs) in the agricultural sector, with a special focus on women-owned businesses. Aiming for Food Security and Gender Equality The loan will help Credo Bank to provide financial assistance to MSMEs involved in agricultural production, processing, and trade. The project will…

Jonesboro City Employees Get a Raise in Minimum Wage

The city of Jonesboro, Arkansas, has increased the minimum wage for its employees from $11 to $15 per hour, effective from January 1, 2024. The decision was made by the city council on Tuesday, after months of discussion and public input. The wage increase will benefit about 200 city workers, mostly in the public works and parks and recreation departments. A Step Towards Economic Justice The city council voted 5-2…

Georgia’s Prime Minister Visits Brussels to Strengthen EU and NATO Ties

Kobakhidze Meets EU Officials to Discuss Association Agreement Irakli Kobakhidze, the Prime Minister of Georgia, arrived in Brussels on Monday for his first official visit since taking office in January. He met with several high-ranking officials of the European Union, including Josep Borrell, the High Representative of the EU for Foreign Affairs and Security Policy, and Olivér Várhelyi, the European Commissioner for European Neighborhood Policy and Enlargement. The main agenda…

Kyrgyzstan Tops Georgia’s Export Destinations in January

Georgia’s exports to Kyrgyzstan surged in January, making it the largest export market for the country. The main reason behind this increase was the re-export of cars, which accounted for more than half of the total exports to Kyrgyzstan. Georgia also imported more products from Kyrgyzstan, mainly fruits and nuts. Re-export of Cars Drives Georgia’s Exports to Kyrgyzstan According to the National Statistics Office of Georgia (GEOSTAT), Georgia exported $46.4…