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Verdict: FactCheck concludes that Ivane Machavariani’s statement is MOSTLY FALSE.

3 mins read

The FINANCIAL -- Ivane Machavariani: Today, the estimated growth rate for our economy is 4.6% which is the highest growth rate in the entire region…

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

1 min read

The FINANCIAL -- Natia Turnava: “Of two hundred countries, we are number six in terms of the ease of doing business. We are ahead of many European countries.”…

Chess Is to Play and Math Is for Life

5 mins read

The FINANCIAL -- At times math teachers use a legend,“mathematics in the game of chess”, as an introduction to Exponential Functions.Theoriginal mythtells of amathematician in Indiawho invented the game of chess and was subsequently bestoweda vast reward for its creation.…

How the circular economy can help the environment

4 mins read

he FINANCIAL -- Once upon a time, farming closely followed the cycles of nature, with the by-products from each stage of production being fed into another growth process on the land so no materials were wasted. Manure from cows fed the fields where crops were grown. Cropped land replenished itself by being left fallow every…


CEO turnover at record high

2 mins read

The FINANCIAL -- CEO turnover hit a record high of 17 percent in turbulent 2018 but there is a group of executives holding steady according to the 2018 CEO Success study released by Strategy&, PwC’s strategy consulting business.…

In Vietnam, about half of adults say social media are at least somewhat important for keeping up with political news and other developments. Above, Vietnamese activist La Viet Dung has alleged Facebook may be helping to suppress online dissent. (AFP/Getty Images)

Publics in Emerging Economies Worry Social Media Sow Division

2 mins read

The FINANCIAL -- In recent years, the internet and social media have been integral to political protests, social movements and election campaigns around the globe. Events from the Arab Spring to the worldwide spread of #MeToo have been aided by digital connectivity in both advanced and emerging economies. But popular social media and messaging platforms like…

April 2019: What Happened To Expectations Of Georgian Consumers?

2 mins read

The FINANCIAL -- According to a nationally representative sample of 320 Georgians, interviewed in early April 2019, the Consumer Confidence Index (CCI) decreased by nearly two index points, from -18.9 in March to -20.8 in April.…

Verdict: FactCheck concludes that Salome Samadashvili’s statement is MOSTLY FALSE.

2 mins read

The FINANCIAL -- Salome Samadashvili: “The currency depreciated under the Georgian Dream government and the budget of the Ministry of Defence decreased as compared to 2014 because we have to make calculations in USD.”…

Verdict: FactCheck leaves Irakli Abesadze’s statement WITHOUT A VERDICT.

4 mins read

The FINANCIAL -- Irakli Abesadze: “Thousands of jobs have been lost because of banking regulations, there is a usury problem and it is precisely because of the regulations that the World Bank and the International Monetary Fund decreased the estimated economic growth rate from 5% to 4.6%.”…

More Than One in Five Millennials Still Live With Mom

2 mins read

The FINANCIAL --  More people age 23-37 are living with their moms than at any time this century, according to a Zillow® analysisi. Nearly 22% of American millennials – more than 14 million in total – live with their mom or both parents, the highest share for this age group since at least 2000.…

Fossil fuel giants failing to disclose investor risk, study warns

3 mins read

The FINANCIAL -- Oil and gas firms are largely failing to disclose the information investors need to accurately assess their exposure to risk associated with climate change and the transition to a low carbon economy, according to a report by financial think tank Carbon Tracker.…

No Occupancy: High Court Backs Czech Hotel Owner’s Crimea Test For Russian Guests

2 mins read

The FINANCIAL -- Despite death threats, Tomas Krcmar says he doesn't regret denying rooms at his four-star Moravian hotel to Russians unless they acknowledge that Crimea belongs to Ukraine.…

Turkey: Purchase Of Russian Missiles No Reason To Exclude It From F-35 Work

1 min read

The FINANCIAL -- Turkey says its purchase of Russian S-400 missile defense systems is no reason to exclude the country from the U.S.-led F-35 fighter jet project.…

FactCheck concludes that Roman Gotsiridze’s statement is HALF TRUE.

3 mins read

The FINANCIAL -- Roman Gotsiridze: “In the course of the last six years, Georgia’s GDP growth exceeded that of Armenia’s only twice. In the last six years, there has not been a single instance in Georgia when the GDP growth reached 5%.”…

What can be learned from the experiences of theKhadori 3 HPP Project?

5 mins read

The FINANCIAL -- News of the conflicts between the local population and the construction company involved in the construction of a small HPP in the Pankisi valley (Khadori 3) hasrecently made it into the headlines. Khadori is a small HPP with an installed capacity of 5.4 MW and an estimated annual generation of 27.5 mln.kWh.…

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