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adb invests basisbank sustainability bond
Finance News
ADB Invests $15 Million in BasisBank’s Certified Sustainability Bond, a First in Georgia
The Asian Development Bank (ADB) has made a significant investment of $15 million in BasisBank’s certified sustainability bond, marking the first such bond issued by a commercial bank in Georgia. This pioneering move is expected to bolster the country’s capital market and promote sustainable finance practices. The bond, which has a three-year maturity, aims to finance green and social sector projects, aligning with Georgia’s commitment to environmental sustainability and social…
evolution georgia employees hunger strike
News
Evolution Georgia Employees Begin Hunger Strike Amidst Ongoing Labor Dispute
A significant number of employees at Evolution Georgia, an online casino company, have initiated a hunger strike as part of their ongoing protest for better working conditions. The strike, which began on July 12, 2024, has seen participation from around 5,000 employees, representing more than half of the company’s workforce. The strikers are demanding improvements in salary, working conditions, and overall treatment by the management. Demands for Better Working Conditions…
central georgia emc annual meeting
News
More Than 950 Members Attend Central Georgia EMC Annual Meeting
The Central Georgia Electric Membership Corporation (CGEMC) recently held its annual meeting, drawing over 950 members to the event. The meeting, which took place at the CGEMC Annex in Jackson, Georgia, provided an opportunity for members to engage with the cooperative’s leadership, learn about the organization’s achievements, and participate in the election of directors. The event also featured various activities and presentations, highlighting the cooperative’s commitment to serving its members…
atlanta drug dealer sentenced
Crime News
Drug Dealer Who Laughed About Overdose Death Sentenced to 28+ Years in Prison
An Atlanta resident, Lagary Williams, also known as “Frog,” has been sentenced to over 28 years in prison for his role in distributing large quantities of fentanyl and other controlled substances in Middle Georgia. Williams was recorded laughing about an overdose death caused by the drugs he supplied. This case highlights the severe consequences of drug distribution and the ongoing efforts to combat the fentanyl crisis. Williams’ sentence includes 340…
substitute teacher raises concerns about school facilities
Education News
Substitute Raises Concerns About School Facilities
A substitute teacher has raised significant concerns about the state of school facilities in the district. The teacher, who has worked in various schools across the district, highlighted issues such as outdated infrastructure, lack of proper maintenance, and inadequate resources. These concerns have sparked a broader conversation about the need for investment in school facilities to ensure a safe and conducive learning environment for students. The district administration has acknowledged…
ossoff introduces access to homeownership act
News
Senator Ossoff Introduces Access to Homeownership Act
U.S. Senator Jon Ossoff has introduced the Access to Homeownership Act, a new bill aimed at helping Georgia families become homeowners. This legislation seeks to include positive rental payment history in credit reports, thereby boosting credit ratings for renters. The bill requires landlords receiving federal financing to report on-time rental payments to credit bureaus. This initiative is expected to improve access to affordable homeownership opportunities for many families in Georgia.…
shaheen turner visit georgia bipartisan
News Politics
Saakashvili: Visit of Jeanne Shaheen and Mike Turner to Georgia is Part of Important Bipartisan Policy
In a significant diplomatic move, U.S. Senator Jeanne Shaheen and Congressman Mike Turner visited Georgia, marking a crucial step in the ongoing bipartisan efforts to support Georgia’s democratic aspirations and territorial integrity. This visit underscores the United States’ commitment to fostering strong bilateral relations and addressing concerns about democratic backsliding in the region. The visit also highlights the importance of maintaining a united front against external threats and ensuring the…
humanity new development jonesboro
News
Southern Crescent Habitat to Break Ground on New Development in Jonesboro
Southern Crescent Habitat for Humanity is set to break ground on a new development in Jonesboro, Georgia. This initiative aims to provide affordable housing to low and moderate-income families in the area. The project is part of the organization’s broader mission to build homes, communities, and hope. The new development will feature multiple homes, each designed to be energy-efficient and sustainable. This groundbreaking event marks a significant milestone in the…
helsinki commission georgian dream black money
News Politics
Helsinki Commission: Georgian Dream Relies on Black Money from Fraudulent Call Centers
In a startling revelation, the U.S. Helsinki Commission has accused Georgia’s ruling party, Georgian Dream (GD), of relying on black money from a network of fraudulent call centers worldwide to finance its operations and harass the opposition. This accusation has sparked significant concern about the integrity of Georgia’s political landscape and the influence of illicit funds on its democratic processes. The Commission’s call for action underscores the need for transparency…
georgia foreign trade turnover
Economy News
Georgia’s Foreign Trade Turnover Reaches $12.564 Billion in January-July 2024
In the first seven months of 2024, Georgia’s foreign trade turnover with goods amounted to $12.564 billion, reflecting a dynamic shift in the country’s economic landscape. This period saw a mix of growth and challenges, with exports decreasing by 6.7% to $2.848 billion, while imports slightly increased by 0.2% to $7.472 billion. The resulting negative trade balance stood at $4.624 billion, representing 44.8% of the total foreign trade turnover. Export…