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Georgian Companies See Mixed Performance on London Stock Exchange
Business News
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…
by Emily Miller access_time2 years agochat_bubble_outlineLeave a comment
Astana to Host Global Leaders and Experts at the 2024 AIF
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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…
by Ethan Brown access_time2 years agochat_bubble_outlineLeave a comment
Remembering Maro Makashvili: The Georgian Heroine Who Died 103 Years Ago
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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…
by Jacob Wilson access_time2 years agochat_bubble_outlineLeave a comment
ADB and Credo Bank Support Women in Agriculture with $25 Million Loan
Business News
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…
by Herman Copeland access_time2 years agochat_bubble_outlineLeave a comment
Jonesboro City Employees Get a Raise in Minimum Wage
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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…
by Emily Miller access_time2 years agochat_bubble_outlineLeave a comment
Georgia’s Prime Minister Visits Brussels to Strengthen EU and NATO Ties
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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…
by Ethan Brown access_time2 years agochat_bubble_outlineLeave a comment
Kyrgyzstan Tops Georgia’s Export Destinations in January
Business News
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…
by Herman Copeland access_time2 years agochat_bubble_outlineLeave a comment
Turkey Tops Georgia’s Import Partners List in January
Business News
Turkey Tops Georgia’s Import Partners List in January
Georgia imported the most products from Turkey in January, according to the latest data from the National Statistics Office of Georgia (GEOSTAT). Turkey accounted for 20.3% of Georgia’s total imports, followed by Russia with 14.8% and China with 7.6%. Georgia’s Import Structure and Trends GEOSTAT reported that in January, the share of the ten largest import partner countries in the total import of Georgia amounted to 70%. The list of…
by Jacob Wilson access_time2 years agochat_bubble_outlineLeave a comment
Georgia showcases its wine and gastronomy at Madrid Fusión 2024
Food News
Georgia showcases its wine and gastronomy at Madrid Fusión 2024
Georgia, the country with the oldest wine-making tradition in the world, has participated as a guest at Madrid Fusión 2024, the world’s leading gastronomic congress. The event, which took place from January 29 to 31, attracted thousands of culinary professionals and enthusiasts who had the opportunity to taste and learn more about Georgian cuisine, wine, and tourist products. Georgia: a hidden gem of culinary and wine tourism Georgia is a…
by Emily Miller access_time2 years agochat_bubble_outlineLeave a comment
How the Red Sea Attacks Impact the Global Trade
Business News
How the Red Sea Attacks Impact the Global Trade
The world is witnessing a surge in the cost and time of shipping goods from Asia to Europe, as a result of the ongoing attacks in the Red Sea by Yemen-based Houthi militants. The European Commissioner for Economy, Paolo Gentiloni, revealed that the shipping cost increased by 400% and the time by 10-15 days due to cargo diversion. This has serious implications for the global trade and economy, as well…
by Herman Copeland access_time2 years agochat_bubble_outlineLeave a comment