The FINANCIAL: Latest business news and analysis

BSTDB allocating EUR 50 million to support small and medium business in Turkey

The FINANCIAL -- The Black Sea Trade and Development Bank (BSTDB) will provide EUR 50 million long-term loan to the Development and Investment Bank of Turkey (TKYB- Turkiye Kalkınma ve Yatırım Bankası) to support small and medium sized enterprises (SMEs) in the ...

UK economy could fall from fifth to seventh in global rankings in 2019

India and France could overtake the UK economy in terms of size in 2019, according to report by PwC. US growth is expected to moderate from an estimated 2.8% in 2018 to around 2.3% in 2019. Labour ...

Will 5G remake the world? Or just make it faster?

The FINANCIAL -- Thanks to the availability of high-speed mobile Internet connectivity, consumers and business users can connect to the Internet virtually anywhere. But have we even seen the full ...

Social media outpaces print newspapers in the U.S. as a news source

More Americans get news often from social media than print newspapersSocial media sites have surpassed print newspapers as a news source for Americans: One-in-five U.S. adults say they often get news ...

Construction of Largest Business Headquarters in the Region Started by TBC Bank

The FINANCIAL -- Tbilisi Business Center is a new project of TBC Bank, which will soon be constructed in the vicinity of Lisi Lake. This will be a complex where not only will TBC Bank’s head ...

European Commission allocating 233 million EUR to Anaklia Project co-owned by TBC Holding

European Commission said it's allocating 233 million EUR to finance the second phase of the deepwater port of Anaklia, project owned by a consortium of TBC Holding. In addition, European Commission ...

EFSE and Bank of Georgia Group expand financing for MSEs

The FINANCIAL -- The European Fund for Southeast Europe (EFSE) has provided a senior loan of USD 10 million to the Bank of Georgia Group PLC (Bank of Georgia Group, or the Group) for on-lending to ...

U.S.: 220 Cancer Patient Campaigns Raised $1.4 Million

"Crowdfunding" campaigns for the homeopathic treatment of cancer are overwhelmingly an American phenomenon and can be highly successful in terms of dollars raised, despite no evidence of efficacy, ...

The Future is Cashless: Interview with Igor Stepanov – MasterCard Country Manager in Georgia and Central Asia

Q. Recently MasterCard launched a global network for urban co-development, which should improve transportation, transit between cities, and business cooperation. What are the steps MasterCard ...

A Democratic Revolution by a Georgian Teacher

“When I became the first place winner of the National Teacher Prize in 2017, I made a promise to the audience that I would tell my story and our story to the world, the story of teachers of ...

H1N1: Take time to get a flu vaccine.

The FINANCIAL -- CDC (U.S. health protection agency) recommends a yearly flu vaccine as the first and most important step in protecting against influenza and its potentially serious ...

What You Should Know About Flu Antiviral Drugs. FAQ.

Can the flu be treated?Yes. There are prescription medications called “antiviral drugs” that can be used to treat flu ...

5 facts about Catholics in Europe

The FINANCIAL -- While much of the global Catholic population has shifted to Latin America, Africa and Asia, the Catholic Church remains closely tied to Europe. The church is headquartered in ...