The FINANCIAL: Latest business news and analysis

Weekly Market Watch by Galt & Taggart

The FINANCIAL -- Economy -- Exports up 7.2% y/y in January ...

An investigation against TBC Bank founders will affect FDI, says TI

The FINANCIAL -- An investigation launched by the Prosecutor’s Office against Mamuka Khazaradze and Badri Japaridze, the founders of TBC Bank, on a case of alleged money laundering together with ...

TBC Bank’s statement:

The FINANCIAL -- “TBC Bank has received a letter from the National Bank. Based on this letter, the chairman, as well as vice-chairman of the supervisory board are required to leave the board within ...

Millennial life: How young adulthood today compares with prior generations

Over the past 50 years – from the Silent Generation’s young adulthood to that of Millennials today – the United States has undergone large cultural and societal shifts. Now that the youngest ...

Environmental taxes in the EU: countries compared

The FINANCIAL – Government revenues from environmental taxes amounted to €369 billion in 2017 in the European Union (EU), compared with €264 billion in 2002. Over the same period, the share of ...

Wheat is Becoming More Expensive, Again!

The FINANCIAL -- In January 2019, the cost of cooking one standard Imeretian khachapuri decreasedcomparatively both annual and monthly, ranging between 3.56 GEL (Tbilisi) and 3.70 GEL (Kutaisi), with ...

Zurab Tchiaberashvili: “Under the accumulated pension plan, a 40-year-old female teacher, who has a GEL 500 salary, will receive a pension equal to the current purchasing power of GEL 85.”

The FINANCIAL -- Verdict: FactCheck concludes that Zurab Tchiaberashvili’s statement is MOSTLY ...

Irakli Petriashvili: “Georgia is obliged to introduce unemployment benefits before 2021. This is envisioned by the Association Agreement.”

The FINANCIAL -- Verdict: FactCheck concludes that Irakli Petriashvili’s statement is a ...

Share of renewable energy in the EU up to 17.5% in 2017

The FINANCIAL -- In 2017, the share of energy from renewable sources in gross final consumption of energy, in the European Union (EU), reached 17.5%, up from 17.0% in 2016 and more than double the ...

Which EU countries have the highest marriage rates?

The FINANCIAL -- In 2017, the European Union (EU) countries with the highest number of marriages relative to the population were Lithuania (7.5 marriages per 1,000 inhabitants) and Romania (7.3). ...

Unmet child needs medical 2017

The FINANCIAL --The highest share of children with unmet medical needs was reported in Belgium (8.7%) and Romania (7.4%), followed by Sweden (4.3%), Finland (3.3%) and Czechia ...

Only 27% of People Currently Own a Virtual Assistant, But Use of Consumer AI Devices Is Growing, New Survey Finds

The FINANCIAL – Slightly more than one-fourth of people (27%) own an AI-powered virtual assistant such as an Amazon Echo or Google Home, according to new research from Clutch, the leading B2B ...

UK wages could still be four times higher than wages in India by 2040, despite faster relative wage growth in emerging economies

The FINANCIAL -- Rising real wages in emerging markets will make them increasingly attractive for UK exporters in the decades after Brexit. India is projected to see the fastest real wage growth of ...