The FINANCIAL - Special Reports

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Verdict: Ivane Machavariani’s statement is a LIE.

The FINANCIAL -- Ivane Machavariani: For the last 2 years, Georgia’s economic growth exceeds 5% and this is the best performance in the ...

The Warning Bells are Ringing: A Difficult Summer Season for the Georgian Electricity Market

The FINANCIAL -- Historically, the main concern in monitoring the Georgian electricity market derives from the negative generation-consumption gap arising in the winter season. However, persistent ...

New PwC report abouf how to keep citizens and business safe

The FINANCIAL--The ability of citizens and businesses to go about their daily lives with a sense of safety and security is vital to prosperity, but citizens in many countries feel unsafe¹. Whether ...

Rtveli made khachapuri expensive

The FINANCIAL -- In September 2019, the average cost of cooking one standard Imeretian khachapuri reached 3.64 GEL, which is 3.0% higher month-on-month (compared to August 2019), and 2.3% higher ...

Cushman & Wakefield Releases 2018 CSR Report

The FINANCIAL -- Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today released its annual Corporate Social Responsibility (CSR) Report covering the firm’s global ...

War on plastic heats up as beverage giants push water in a can

The FINANCIAL -- As Ipsos notes, the world’s biggest beverage makers are about to take the war on plastic to the next level with the introduction of water in an aluminum ...

Most Americans have positive image of research scientists, but fewer see them as good communicators

The FINANCIAL -- What comes to mind when people think of research scientists? Studies have explored the idea that stereotypes of scientists – like the less-than-warm image of men in white lab ...

American Culture Center Established in Tbilisi

The FINANCIAL -- The American Cultural Center (ACC) today announces the launch of a non-profit organization in Tbilisi to promote cultural links between U.S. and ...

Geostat: Annual Inflation 6.4% in January

The FINANCIAL -- Georgia’s annual inflation stood at 6.4% in January 2020 after it was registered at 7% in the previous month, the National Statistics Office (Geostat) reported on February 3. On a ...

Majority of U.S. Public Says Trump’s Approach on Iran Has Raised Chances of a Major Conflict

The FINANCIAL -- By a narrow 48% to 43% margin, Americans view the U.S. airstrike that killed Iranian Gen. Qassem Soleimani as the right decision. However, a majority (54%) says the Trump ...

41% Say U.S. Should Do More to Help Iranian Protesters

The FINANCIAL -- A sizable number of Americans want to get involved in the pro-democracy protests in Iran, but they’re doubtful the protests will lead to meaningful change. Most suspect, however, ...

Today France, Tomorrow the USA?

The FINANCIAL -- As that rail and subway strike continued to paralyze travel in Paris and across France into the third week, President Emmanuel Macron made a Christmas appeal to his dissatisfied ...

Many Still Have Holiday Shopping To Do

The FINANIAL -- According to a Rasmussen Reports a sizable number of Americans appear to be giving excuses tomorrow morning when it comes to their Christmas ...

Verdict: FactCheck concludes that Natia Turnava’s statement is HALF TRUE.

The FINANCIAL -- Natia Turnava: In the last 7 years, the average volume of FDI increased by 35% as compared to the previous same period of time. The FDI to GDP ratio is 3 times higher in Georgia as ...

How the attitudes of West and East Germans compare, 30 years after fall of Berlin Wall

The FINANCIAL -- Three decades after the fall of the Berlin Wall, people in former West and East Germany overwhelmingly say the unification of their country was a positive development, according to a ...

Verdict: FactCheck concludes that Zurab Tchiaberashvili’s statement is HALF TRUE.

The FINANCIAL -- Zurab Tchiaberashvili: In 2014, each baby in this country was born with GEL 2,630 in debt whilst in 2019 every baby is born with GEL 5,200 in debt. The External debt has ...

Verdict: FactCheck concludes that Zurab Tchiaberashvili’s statement is TRUE.

The FINANCIAL -- Zurab Tchiaberashvili: In the last six years, the prices of antibiotics increased by 68% whilst prices increased by 11% in the last ...

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

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....

Strong GPW Group's Financial Results, Driven by Market Volatility in Q1 2020

The FINANCIAL --The Warsaw Stock Exchange (GPW) Group generated revenues of PLN 90.7 million and a net profit of PLN 29.3 million in Q1 2020. EBITDA was...

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

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...

Cross-Industry Coalition Advances Digital Trust Standards

The Linux Foundation, the nonprofit organization enabling mass innovation through open source, announced it will host the Trust over IP (ToIP)...

Global Seedstarts Summit Goes Online

The FINANCIAL -- Seedstars, the Swiss-based private group of companies said its Global Seedstars Summit will be held exclusively online, from March...