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The FINANCIAL -- When it comes to the factors that make up ‘the good life’, the top three most popular items selected by people internationally are good health, financial security and leisure time. These are followed by a happy marriage, travel for leisure, a home you own, and control over one’s life.
The FINANCIAL -- Americans felt slightly less confident in the economy last week, as their perceptions of current conditions dimmed somewhat. Gallup's U.S. Economic Confidence Index averaged +4 for the week ending Nov. 19, down from the previous reading of +7.
The FINANCIAL -- "Georgia, a country of 3.7 million people at the crossroads of western Asia and eastern Europe, is thriving. Its government program to refashion the country as an attractive investment destination has proved successful. We sat down with First Deputy Prime Minister and Minister of Economy Dimitry Kumsishvili and National Bank of Georgia Governor Koba Gvenetadze at the sidelines of the IMF’s Annual Meetings that took place this past October 2017," IMF said.
The FINANCIAL -- The Asian Development Bank’s (ADB) Board of Directors has approved a total of $30 million in grants to assist the Kyrgyz Republic’s efforts to strengthen technical and vocational education and training (TVET)—a key contributor to inclusive and sustainable growth in the country.
The FINANCIAL -- The Asian Development Bank (ADB) has disbursed $50.85 million of budget support assistance for the second phase of a program to expand economic opportunities, develop the private sector, and attract investments to Tajikistan.
The FINANCIAL -- Increased exports of footwear, electrical machinery, equipment and auto parts has helped Cambodia’s economy to remain robust, but growth is projected to ease slightly to 6.8 percent in 2017, compared with 7.0 percent in 2016, says a new World Bank report.
The FINANCIAL -- Four out of five businesses say that tax is an opportunity to drive growth. More than half of businesses said that growth and investment was main motivation in tax affairs. However, four in ten medium-sized businesses say that the tax system is too complex, the same proportion felt that their voice wasn’t being heard enough in shaping tax policy.
The FINANCIAL -- KPMG International, the professional services firm providing audit, tax and advisory services, has appointed Blair Nimmo as Global Head of Insolvency. Blair succeeds Richard Heis who retired from the firm earlier in the year.
The FINANCIAL -- Two-thirds (67%) of respondents interviewed for the EY report Global ETF Research 2017: reshaping around the investor believe most managers will have an ETF offering in the next five years.
The FINANCIAL -- Organizations believe that today’s cyber threat landscape places them at high risk of cyber attacks, according to the 20th annual EY Global Information Security Survey (GISS).
The FINANCIAL -- Belarus says President Alyaksandr Lukashenka will not attend the European Union's Eastern Partnership summit in Brussels on November 24.
The FINANCIAL -- On 20 November, the European Council extended the mandate of the European Union Advisory Mission (EUAM) in Ukraine until 31 May 2019 and approved a budget of €32 million for the next 18 months.
The FINANCIAL -- On 20 November 2017, Georgian Vice Prime Minister, Foreign Minister Mikheil Janelidze held a meetng with the Vice Prime Minister of Serbia and the Minister of Trade, Tourism and Telecommunications Rasim Ljajic and Minister of Public Administration and Local Self-Government Branko Ružić .
The FINANCIAL -- Small and medium sized enterprises (SMEs – up to 249 persons employed) are considered as a driver of the economy of the European Union (EU), creating jobs and contributing to economic growth.
The FINANCIAL -- The Georgian Foreign Ministry hosted a preparatory meeting for the 42nd round of the Geneva International Discussions between Georgia’s representatives and the EU, UN and OSCE Co-chairs. The Deputy Foreign Minister, head of the Georgian delegation to the Geneva International Discussions, David Dondua led the meeting from the Georgian side.
The FINANCIAL -- Afghanistan’s economic growth is projected to increase slightly to 2.6 percent in 2017 from 2.2 percent in 2016 as the country’s deteriorating security weighs on the economy, according to the latest Afghanistan Development Update series released on November 21 by the World Bank.
The FINANCIAL -- As of November 20, Ukraine harvested 57.345 mln tonnes of grains and pulses throughout the areas of 13.704 mln ha (94% of the plan). The average yield totaled 4.18 t/ha, declared the Ministry of Agrarian Policy and Food of Ukraine.
The FINANCIAL -- Prices in non-life insurance and reinsurance are expected to increase, according to Swiss Re Institute's Global insurance review 2017, and outlook 2018/19 report.
The FINANCIAL -- As of 01 January 2018, Jerome Jean Haegeli will become Swiss Re's Group Chief Economist at the Swiss Re Institute. Current Group Chief Economist Kurt Karl will retire at the end of December 2017 after six years in the role and 17 years with Swiss Re.
The FINANCIAL -- ING Wholesale Banking on November 21 announced a number of initiatives aimed at further enhancing client centricity, addressing clients' daily challenges and their strategic needs.