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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

The U.S. House adds new provisions about Georgia to the Defense Bill

The U.S. House of Representatives added new provisions about Georgia to Defense Bill. According to the new section, the Secretary of State shall...

UNICEF: Gambling prevention in adolescents should be on a national health agenda

Problem gambling among adolescents and youth is a growing public health concern globally, as well as in Georgia, UNICEF study says.The aim of the...

Eco-migrant from Georgia expands broccoli production with EU support

Georgian eco-migrant expands broccoli production with the support of EU and Food and Agriculture Organisation of the United Nations (FAO). With the...

Markets

What You Need to Know About Getting Started with Investing

Investing your money for the first time might seem like a daunting prospect at the moment. Our money is precious, and finding the right approach to...

Turkish lira hits all time low

Turkish lira dropped to record low against dollar as state bank interventions could not reassure investors. The last lowest point was hit in May. Meanwhile,...

July 2020 inflation rate in Georgia

National Statistics Office of Georgia published data of inflation rate in Georgia (July 2020). The Consumer Price Index decreased by 0.5 percent...

COVID-19

Impact of Covid-19 on Amazon Sellers

The current pandemic has greatly impacted the entire world and will certainly be the most significant factor that shapes people’s lives when history looks...

Obesity might be an issue for COVID-19 vaccine effectiveness

Obesity makes it more difficult to vaccinate adults against influenza. Will this be the case for COVID-19 too? Evidence that obese people have a...

Coronavirus patients report hair loss after recovering

A growing number of recovered coronavirus patients report hair loss. A Study Conducted by Dr. Natalie Lambert and Survivor Corps shows that 27% of...

Tech

TikTok responds to Trump's decision and threatens with legal action

President Trump agreed to allow Microsoft Corp negotiate the purchase of TikTok, only if they can have a deal in 45 days. TikTok thinks that...

Ericsson second quarter profit rises

Ericsson reported its second-quarter 2020 results, which shows that the gross margin was higher than expected. Ericsson’s position could also be...

Many iOS apps including Spotify, Facebook, and Tinder are crashing for a large number of users

Popular iPhone apps are crashing for thousands of people as soon as they are opened. This is not the first time a Facebook SDK has resulted in...

Videos

Business

John Dodelande and Fujin Are Building a New Airport Hotel

A remarkable new project is underway in Tbilisi Georgia. Led by business executive John Dodelande, the Fujin real estate development company is...

Significant increase in the number of flights

Air travel demand in Europe is recovering from COVID-19 impact. Business aviation recovering faster than other segments and now only 9% below 2019...

What You Need to Know About Getting Started with Investing

Investing your money for the first time might seem like a daunting prospect at the moment. Our money is precious, and finding the right approach to...

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