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What Trump Said About China

The FINANCIAL -- “China’s pattern of misconduct is well known. For decades, they have ripped off the United States like no one has ever done before. Hundreds of billions of dollars a year were lost dealing with China, especially over the years during the prior ...

BREAKING NEWS: FDA Approves Rucaparib For Treatment of Advanced Prostate Cancer

The FINANCIAL -- The U.S. Food and Drug Administration (FDA) approved rucaparib, a new medication to treat some patients with advanced prostate cancer. "PCF science is proud to have been involved ...

The Visa Foundation Announces Grantee to Support COVID-19 Recovery in Central Europe (including Georgia), Middle East and Africa

The FINANCIAL -- Tbilisi, May 13, 2020 – The Visa Foundation has announced its approval of a $1.6 million COVID-19 relief grant to the Red Cross to support their COVID-19 recovery programs across ...

The unreal dichotomy in COVID-19 mortality between high-income and developing countries

Here’s a striking statistic: Low-income and lower-middle income countries (LICs and LMICs) account for almost half of the global population but they make up only 2 percent of the global death toll ...

Using culture and heritage as a resource to conquer foreign markets. Lessons from the Japanese

The FINANCIAL -- Internationalising can be difficult for businesses, especially if their products are grounded in domestic cultural traditions and require the possession of some degree of cultural ...

Surge in US Investors Seeking Thai Residence

The FIANNCIAL -- Thailand's sought-after Thailand Elite Residence Program has seen a significant increase in applications from US citizens since the start of the year and the outbreak of the COVID-19 ...

Do Families Have Enough Resources To Live On Until The End Of May?

APRIL 2020: Georgian CCI Reaches A Historic Low, Pushed By Unemployment/Financial Fears. Do Families Have Enough Resources To Live On Until The End Of May? Sixty Percent of Responders Said ...

ICC Georgia back to work after 75 days of forced “holidays”

The FINANCIAL -- It will be very hard to sell Georgia as an attractive destination for foreign investments., Fady Asly, ICC Georgia President told The FINANCIAL while answering questions related to ...

Majority of companies in Georgia reduced their employees, survey

The FINANCIAL -- Decrease in demand is the most significant side effect of COVID-19 in georgia, according to study by PwC Georgia together with the Investors Council. Decrease in demand meaningfully ...

TIS Raises $20m as Demand Grows for its Leading SaaS B2B Payment Platform

The FINANCIAL _- TIS (Treasury Intelligence Solutions), a leading cloud platform for managing corporate payments and cash flows, has announced it has raised $20 million in additional financing led ...

The United Nations releases guidelines for strong and sustainable recovery

The FINANCIAL -- The World Tourism Organization (UNWTO) has released a set of guidelines to help tourism sector emerge stronger and more sustainably from COVID-19. The guidelines highlight the need ...

Swedish SustainTech company to offer micro-factories producing drinking water

The FINANCIAL -- Swedish SustainTech company Wayout said micro-factories can produce 70,000 liters of perfect drinking water monthly - while also preventing up to 200,000 plastic bottles and 8 tons ...

Canada's response to the pandemic represented 8.4% of the GDP while in 2009

The FINANCIAL -- Data gathered by Buyshares.co.uk indicates that the cumulative fiscal package to the Coronavirus pandemic by G20 member countries is $ 4.68 trillion. The fiscal package is not final ...

Georgia in Top Five of Weakest Countries for External Risks

The FINANCAL -- Amid the 2020 global pandemic, Georgia, Turkey and Argentina are the “risky-3” in Scope’s biennial update of its external vulnerability and resilience framework, whereas ...

ICC Georgia Said COVID-19 Regulations for Businesses Are Useless

The FINANCIAL -- “The International Chamber of Commerce cannot support nor endorse policed regulations for businesses”, Fady Asly, President of ICC Georgia stated in open letter sent to members ...

The 2019 Georgian economy – a year in review

Economic growth – a bird’s eye view of 2019 According to Geostat, the 2019 real GDP growth in Georgia was 5.1% year-over-year (YoY). This figure moderately surpassed NBG’s, ADB’s, ...

ow Engineers at NASA-JPL Persevered to Develop a Ventilator

The FINANCIAL -- On April 30, the Food and Drug Administration approved VITAL for a ventilator Emergency Use Authorization. Developed in just 37 days by NASA's Jet Propulsion Laboratory in response ...

World

PACE Group Receives the First Tranche of Investment for Construction of the New Sea Port of Poti from DFC against the Background of Global Pandemic

The PACE Terminal is situated in the so-called New Sea Port of Poti. The project consists of two phases. The total investment cost of the first...

Is your home too crowded?

The FINANCIAL – In the European Union (EU), 17.1% of the population were living in overcrowded households in 2018, meaning they did not have enough...

Disney‘s shares fall as CEO steps down

The FINANCIAL -- Shares of Walt Disney fell after company’s surprise move to replace CEO Bob Iger by Bob Chapek. Iger had telegraphed his retirement plans for...

Markets

Global deal activity showcased decline during week ended May 24, says GlobalData

The FINANCIAL -- A total of 1,030 deals were announced globally during the week ended May 24, 2020, which is a decrease of 12.9% over 1,183 deals...

Cryptocurrency Total Market Cap Jumped 80% After COVID-19 Crash

The last few months have witnessed sharp price falls and massive selloffs in the cryptocurrency market, following the deepest economic plunge in...

Value of Companies Trading on the London Stock Exchange Dropped by £842bn Amid Coronavirus Outbreak

The coronavirus pandemic has hit the global stock market hard, wiping off billions in stock values amid extreme volatility and massive sell-offs....

COVID-19

The unreal dichotomy in COVID-19 mortality between high-income and developing countries

Here’s a striking statistic: Low-income and lower-middle income countries (LICs and LMICs) account for almost half of the global population but they make...

‘Dutch-made’ rapid tests sold to Georgia were relabelled Chinese tests

Thirty thousand ‘Dutch-made’ COVID-19 rapid antibody tests purchased by the Georgian Government were actually relabelled tests produced in China,...

A new partnership initiative to support children with distance learning

Children will benefit from more educational resources to support them with distance and home-based learning during the COVID-19 pandemic thanks to...

Tech

Facebook Quarterly Earnings Doubled in Three Years and Hit $17.7bn in Q1 2020

The FINANCIAL - -With more than 2.6 billion monthly active users as of the first quarter of 2020, Facebook represents the leading social networking...

Digital Certifictes Increasingly Important in Covid-19 World, analysys

The FINANCIAL -- New figures from Z/Yen show heightened interest in Government Digital Certificates as a tool to combat money-laundering and fraud...

NASA TV to Air Launch, Capture of Cargo Ship to International Space Station

NASA will broadcast the launch of a Japanese cargo spacecraft to the International Space Station beginning at 1 p.m. EDT Wednesday, May 20, live on...

Videos

Business

IMF Executive Board Approves Two-Year US$11 Billion Flexible Credit Line Arrangement for Peru

WASHINGTON, DC – May 28, 2020 The Executive Board of the International Monetary Fund (IMF) approved today a two-year arrangement for Peru under the...

Remote working doesn’t need to affect innovation, new research reveals

The FINANCIAL -- Employees that work from home are unlikely to be less innovative, according to new research by the University of Cologne and the...

The United Nations releases guidelines for strong and sustainable recovery

The FINANCIAL -- The World Tourism Organization (UNWTO) has released a set of guidelines to help tourism sector emerge stronger and more sustainably from...

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