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The FINANCIAL -- In an online survey just released by global research experts, GfK, three out of ten people (31 percent) would firmly prefer to have more time than more money – compared to only nine percent who firmly disagree with that. And over four out of ten (44 percent) firmly believe that experiences are more important than possession – compared to just three percent who firmly disagree with that.
The FINANCIAL -- Freddie Mac on May 24 released its monthly Outlook for May, which analyzes why the U.S. housing market is on track to eclipse last year despite weak economic growth.
The FINANCIAL -- ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, on May 25 released its Q1 2017 U.S. Residential Property Loan Origination Report, which shows that more than 1.4 million (1,415,847) loans were originated on U.S. residential properties (1 to 4 units) in the first quarter of 2017, down 30 percent from the previous quarter and down 21 percent from a year ago.
The FINANCIAL -- Stubbornly low supply levels held down existing-home sales in April and also pushed the median number of days a home was on the market to a new low of 29 days, according to the National Association of Realtors.
The FINANCIAL -- Georgia and Turkey signed several significant documents within the framework of the official visit of the Prime Minister of Turkey, Binali Yıldırım and the Declaration on Establishing of the Joint Economic Trade Committee (JETCO).
The FINANCIAL -- Trade and economic relations between the two countries were discussed at the meeting of the Economic Ministers of Turkey and Georgia, which was held within the framework of the official visit of the Prime Minister of Turkey, Binali Yıldırım to Georgia.
The FINANCIAL -- The International Chamber of Commerce (ICC) has welcomed official recognition of the estimated US$1.6 trillion trade financing gap in the United Nations’ (UN) annual Financing for Development (FfD) review.
The FINANCIAL -- IFC, a member of the World Bank Group, and the Australian Government announced on May 25 the launch of the Fiji Partnership—the first initiative of its kind in Fiji to support economic growth and poverty reduction through private sector development.
The FINANCIAL -- German consumers were still highly confident in May of this year, providing reliable support to the German economy.
The FINANCIAL -- On the heels of African Youth in 2016, Ipsos is publishing an unprecedented study of African women to mark the second year of its annual Africa conference at the Dapper Museum. Conducted in seven African countries, the study paints a picture of motivated, independent and optimistic women who are a driving force in this rapidly developing continent.
The FINANCIAL -- Even before this week’s terrorist bombing at a pop concert in Manchester, England, people across Europe and in the U.S. and Canada had pervasive concerns about the threat of extremism in their countries.
The FINANCIAL -- Despite progress made since the Zika and Ebola crises, a report released on May 25 by the International Working Group on Financing Preparedness (IWG), established by the World Bank, shows that most countries are not adequately prepared for a pandemic, and the world is still doing too little to finance recommended actions to strengthen pandemic preparedness.
The FINANCIAL -- Malaysia is ready to formulate an action plan to enable broad public access to government data and strengthen data use in development planning, says a new World Bank report.
The FINANCIAL -- Fifty-nine percent of power and utilities executive respondents expect to actively pursue an acquisition in the next 12 months, according to the latest biannual EY Power & Utilities Capital Confidence Barometer. That demonstrates a 12% increase in M&A appetite since the last Barometer (47%), and a seven-year high.
The FINANCIAL -- The Executive Board of the International Monetary Fund (IMF) on May 24 approved a three-year extended arrangement under Extended Fund Facility (EFF) for Mongolia in a total amount of SDR 314.5054 million (about US$434.3 million, or 435 percent of quota) to support the country’s economic reform program.
The FINANCIAL -- Norway’s macroeconomic framework has proved resilient and well equipped to tackle the economic downturn following the oil price decline. The economy is beginning to recover, supported by strong domestic demand and accommodative macroeconomic policies.
The FINANCIAL -- On May 24, 2017, the Executive Board of the International Monetary Fund (IMF) completed the first review of the arrangement under the Extended Credit Facility (ECF) for Afghanistan.
The FINANCIAL -- Within the framework of the project of the Korea International Cooperation Agency (KOICA), the Korean Government supplied 5 shuttle buses to Georgia.
The FINANCIAL -- The Asian Development Bank’s (ADB) Trade Finance Program (TFP) and two Vietnamese banks — An Binh Joint-Stock Bank (ABBANK) and Tien Phong Commercial Joint-Stock Bank (TPBank) — today signed agreements enabling the program to provide guarantees of up to $50 million annually to support trade finance in Viet Nam.
The FINANCIAL -- Within the framework of the official visit of the delegation of the European Parliament's Committee on Foreign Affairs (AFET), Georgian Foreign Minister Mikheil Janelidze held a meeting with members of the European Parliament.