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The FINANCIAL -- Georgian President Giorgi Margvelashvili vetoed the new surveillance bill, which was approved by the Parliament on March 1, 2017 and which entails the establishment of a special agency for conducting surveillance operations.
The FINANCIAL -- The World Bank’s Board of Executive Directors has approved $450 million in financing to support the Government of Indonesia’s efforts to expand access to affordable housing for low-income families.
The FINANCIAL -- On March 20 World Bank Group President Jim Yong Kim announced that Tanzania will be able to access up to $2.4 billion in concessional financing over the next three years, an increase of half a billion dollars over previous allocations.
The FINANCIAL -- The EBRD considers financial resilience a key quality of well-functioning market economies, one that can be achieved by supporting long-term development while avoiding excessive volatility and market reversals.
The FINANCIAL -- Hourly labour costs rose by 1.6% in the euro area (EA19) and by 1.7% in the EU28 in the fourth quarter of 2016, compared with the same quarter of the previous year.
The FINANCIAL -- The job vacancy rate in the euro area (EA19) was 1.7% in the fourth quarter of 2016, up from 1.6% recorded in both the previous quarter and the fourth quarter of 2015, according to figures published by Eurostat, the statistical office of the European Union.
The FINANCIAL -- Fifty-nine percent of Americans say they worry "a great deal" or "a fair amount" about illegal immigration. This level of concern is typical of what Gallup has measured over the past 17 years, apart from a window between 2006 and 2011 when roughly two-thirds of Americans expressed worry.
The FINANCIAL -- Bristol-Myers Squibb Company and CytomX Therapeutics, Inc., a biopharmaceutical company developing investigational Probody therapeutics for the treatment of cancer, on March 20 announced an expansion of their 2014 strategic collaboration to discover novel therapies that will include up to eight additional targets using CytomX’s proprietary Probody platform.
The FINANCIAL -- Deutsche Bank on March 20 published its 2016 Annual Report.
The FINANCIAL -- To commemorate its 70th anniversary, LG Corp. announced plans to unveil a large-scale light art installation during 2017 Milano Design Week, the world’s largest design exhibition.
The FINANCIAL -- Samsung Electronics announced on March 19 that its 2017 QLED TV line-up has been certified by the UHD Alliance (UHDA) as ULTRA HD PREMIUM. The certification encompasses the 2017 QLED TV portfolio, including the Q9, Q8 and Q7 models.
The FINANCIAL -- IBM on March 20 announced the launch of the IBM Cloud for Financial Services to offer the essential building blocks for the creation of financial services apps on the IBM Cloud.
The FINANCIAL -- On March 19, Intel unveiled the Intel Optane SSD DC P4800X Series and Intel Optane SSD DC P4800X Series with Intel Memory Drive Technology, enabling new possibilities to transform storage and memory architectures for the data center.
The FINANCIAL -- Hong Kong International Airport (HKIA) experienced strong growth in cargo throughput in the first two months of the year, recording a 7.7% increase to 666,000 tonnes from the same period last year.
The FINANCIAL -- Adding to the service currently operating between Muscat and Calicut (Kozhikode) Oman Air, the national carrier of the sultanate of Oman, is delighted to announce the launch of its new daily direct flight between Salalah and Calicut (CCJ), Kerala starting 27 of March 2017; the latest move in the airline’s ambitious and dynamic programme of fleet and network expansion.
The FINANCIAL -- Euronext and Morningstar on March 20 signed a strategic collaboration to launch product creation opportunities and risk management tools, based on Morningstar Indices.
The FINANCIAL -- Kenya Banking Association (KBA) and the Mongolian Bankers Association (MBA), members of the IFC-supported Sustainable Banking Network (SBN), signed a Memorandum of Understanding (MOU) to advance environmental and social risk management and sustainable financing practices for the Kenyan and Mongolian banking sector.
The FINANCIAL -- According to the ILO’s Global Employment Trends Report, agriculture accounts for 32% of total employment globally, and 39% in Asia and the Pacific. In spite of this, it seldom tops young people’s “most wanted” wish list of careers.
The FINANCIAL -- This week we are offering a special edition of the Khachapuri Index. For this edition, we asked our relatives and friends who live abroad to tell us the price of khachapuri ingredients they are buying.
The FINANCIAL -- On 9 March 2017, a member of the European Georgia, Sergi Kapanadze, in his speech before the Parliament of Georgia, stated: “In 2015, when finance sector supervision functions were separated from the National Bank of Georgia, the amount of investments dropped as compared to 2014 – in the third quarter of 2015 investments dropped by 250 million and in the fourth quarter of 2015 by 200 million. In 2016 investments grew by 90 million, but in the third and fourth quarters of 2016, the amount of investments was 20-20 million less as compared to the same periods of 2015.