Jacob Wilson, Author at Riverdale Standard

Jacob Wilson

Gold Prices Surge by 12.8% Since the Beginning of the Year

The price of gold has seen a significant increase of 12.8% since the start of 2024, according to recent reports. This surge in gold prices is attributed to various economic factors, including inflation concerns and increased demand from central banks. The stability of gold prices in June did not deter the overall upward trend observed throughout the first half of the year. As investors seek safe-haven assets amidst economic uncertainties,…

georgian and tajikistan officials meeting

Georgian and Tajikistan Officials Discuss Bilateral Cooperation

The First Deputy Minister of Finance of Georgia, Giorgi Kakauridze, recently met with a government delegation from Tajikistan during their working visit to Georgia from July 10-13. The meeting aimed to discuss bilateral cooperation and familiarize the Tajik delegation with ongoing reforms in Georgia. This visit underscores the commitment of both nations to strengthen their economic and political ties. The discussions focused on various areas of mutual interest, including financial…

Elections in Georgia and US: A New Era for Bilateral Relations

As both Georgia and the United States gear up for their respective elections, there is a growing anticipation of a significant reset in bilateral relations. Dimitri Khundadze, a Member of Parliament from the People’s Power party, has emphasized that the realignment of relations between the two nations will commence post-elections. Khundadze’s remarks highlight the political dynamics at play and the potential for renewed cooperation and understanding between Georgia and the…

Georgia Welcomes Over 3 Million International Travelers in Six Months

In a remarkable achievement, Georgia has welcomed more than 3 million international travelers in the first half of 2024. According to the Georgian National Tourism Administration, a total of 3,021,067 international visitors explored the country from January to June, marking a 5.6% increase compared to the same period in 2023. This surge in tourism underscores Georgia’s growing appeal as a travel destination, driven by its rich cultural heritage, stunning landscapes,…

matthew miller refutes russia allegations georgia

Matthew Miller Denounces Russia’s Allegations Amid Ongoing Occupation of Georgia

In a recent statement, U.S. State Department Spokesman Matthew Miller refuted Russia’s allegations of the U.S. plotting regime change in Georgia. Miller emphasized the irony of Russia, which is illegally occupying 20% of Georgia, making such claims. The allegations, made by Russia’s Foreign Intelligence Service, accuse the U.S. of orchestrating a campaign to discredit Georgia’s ruling party. Miller’s response underscores the ongoing geopolitical tensions and the complex dynamics between the…

Pittsburgh Startup Skild AI Raises $300 Million with Funding from Jeff Bezos and Others

In a groundbreaking move, Pittsburgh-based startup Skild AI has successfully raised $300 million in a Series A funding round. The funding, led by Jeff Bezos’ Bezos Expeditions and Japan’s SoftBank Group, aims to support the development of a general-purpose AI-powered brain for robots. This significant investment brings Skild AI’s valuation to $1.5 billion, marking a major milestone for the company. The funds will be used to scale the company’s AI…

georgia october elections russian interference

Gakharia for Georgia: Russian Intelligence Interference in October Elections

The political landscape in Georgia is heating up as the October elections approach, with allegations of interference from Russian intelligence. Giorgi Gakharia, leader of the “For Georgia” party, has accused Russian intelligence of attempting to meddle in the elections to aid the ruling Georgian Dream party in rigging the results. This statement has sparked significant controversy and concern among the Georgian public and international observers. The upcoming elections are seen…

Qualifying Begins July 31 for Clayton County BOC District 3 Special Election

The Clayton County Board of Commissioners District 3 is gearing up for a special election, with qualifying set to begin on July 31, 2024. This election is crucial as it will fill the unexpired term of the District 3 seat. Candidates interested in running must file their Notice of Candidacy and Affidavit, along with the qualifying fee, at the Clayton County Elections & Registration Office. The special election will be…

mountain days cultural events in georgia

Mountain Days to Be Celebrated Across Georgia in July

This July, Georgia will host a series of events known as “Mountain Days” across various regions. These events aim to celebrate the rich cultural heritage and natural beauty of Georgia’s mountainous areas. Organized by local authorities and cultural organizations, Mountain Days will feature a variety of activities, including traditional music and dance performances, local crafts exhibitions, and outdoor adventures. The initiative seeks to promote tourism and foster a deeper appreciation…

asian development bank investment georgia

ADB Invests $53 Million in Georgia’s Private Sector

The Asian Development Bank (ADB) has made a significant investment of $53 million in Georgia’s private sector. This investment aims to support the development of the local capital market and promote sustainable economic growth. The ADB’s involvement is part of a broader strategy to enhance financial inclusion, strengthen food security, and support small businesses in Georgia. This initiative is expected to have a substantial impact on the country’s economic landscape,…