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The FINANCIAL -- The Asian Development Bank (ADB) and the Government of Mongolia on October 20 signed two technical assistance (TA) agreements totaling $1.6 million to support the preparation of the country’s health and education sector master plans.
The FINANCIAL -- Newly appointed Minister of Finance Khurelbaatar Chimed met with the Asian Development Bank’s (ADB) Country Director in Mongolia, Yolanda Fernandez Lommen, to discuss ADB’s partnership with the country.
The FINANCIAL -- According to Mikheil Janelidze, Effective implementation of the DCFTA reforms, including in the field of standardization, significantly boosted trade relations with the EU – making the EU the largest trade partner for Georgia total trade and exports growing steadily.
The FINANCIAL -- “Georgia and other Associated partners are at the frontline of a severe aggression directed towards the EU. Eastern Partnership – as a strategic dimension of the European Neighbourhood Policy – is a key contributor to stability, political transformation and economic development in the region.”- the Georgian Vice Prime Minister, Foreign Minister Mikheil Janelidze said about this when speaking before the Foreign Affairs Committee of the European Parliament.
The FINANCIAL -- Within the framework of his visit to Brussels the Georgian Vice Prime Minister, Foreign Minister Mikheil Janelidze has met with Didier Reynders, Deputy Prime Minister and Minister of Foreign Affairs and European Affairs.
The FINANCIAL -- The percentage of U.S. adults lacking health insurance rose in the third quarter of 2017 to 12.3%, up 0.6 percentage points from the previous quarter and 1.4 points since the end of 2016. The uninsured rate is now the highest recorded since the last quarter of 2014 when it was 12.9%.
The FINANCIAL -- Americans' approval of Congress ebbed further in October, to 13%, and it is now at its lowest point since July of 2016. This is a few percentage points higher than the historic low of 9% recorded in 2013.
The FINANCIAL -- The United States is on pace to export more than $2.3 trillion in goods and services this year, representing about 12% of total gross domestic product. With the Trump administration talking tough about renegotiating various trade deals with other countries – or even leaving them altogether – local economies that rely heavily on exports could be significantly affected.
The FINANCIAL -- Concessional finance, together with investments and other types of donor funding, is increasingly a key tool that development financial institutions (DFIs) are using to boost private sector involvement in developing economies and to achieve the UN Sustainable Development Goals.
The FINANCIAL -- The EBRD has teamed up with development partners to make a significant investment in the renewable energy sector in Egypt with the financing of Africa’s largest solar plant.
The FINANCIAL -- Multi-billion dollar projects are fueling stronger private sector investment in infrastructure projects in developing countries, which increased by 24 percent from 2016 levels, reflecting US$36.7 billion across 132 projects, says a new World Bank Group report.
The FINANCIAL -- The Procter & Gamble Company reported first quarter fiscal year 2018 net sales of $16.7 billion, an increase of one percent versus the prior year.
The FINANCIAL -- Johnson & Johnson Medical GmbH on October 19 announced a definitive agreement to acquire German software company, Surgical Process Institute (SPI), one of the leading specialists for the standardization and digitalization of surgical workflows in the operating theatre.
The FINANCIAL -- Georgia’s foreign trade turnover in the first nine months of 2017 increased by 12.1%, compared to the same period of last year, reaching USD 7.56 billion, according to the preliminary figures released by the state statistics office, Geostat, on October 19.
The FINANCIAL -- Royal Philips announced that today’s Extraordinary General Meeting of Shareholders (EGM) appointed Marnix van Ginneken as member of Philips’ Board of Management with effect from November 1, 2017.
The FINANCIAL -- The Green Bay Packers and Microsoft Corp. today announced the launch of TitletownTech, a one-of-a kind partnership between the two organizations aimed at boosting economic expansion in Wisconsin’s Fox River Valley and beyond by bringing world-class digital innovations and expertise to Green Bay.
The FINANCIAL -- Apple on October 19 previewed Apple Michigan Avenue, its newest and most ambitious store, creating a new connection between North Michigan Avenue, Pioneer Court and the Chicago River.
The FINANCIAL -- For the first time in Azerbaijan, the private and public sectors have entered into a partnership for the development of the tourism sector. Azerbaijan’s national air carrier has joined today the members of the board of the Azerbaijan Tourism Association (AZTA).
The FINANCIAL -- Next summer, Brussels Airlines sets sail for a new Greek holiday destination.
The FINANCIAL -- Marriott International, Inc. on October 19 announced the appointment of Rena Hozore Reiss as Executive Vice President and General Counsel, reporting to President and Chief Executive Officer Arne Sorenson and serving as a member of the company’s executive team.