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Almost UAH 1.2 billion over 70 days – Metinvest’s aid to Ukraine and Ukrainians

6 mins read

Beginning on February 24, Metinvest Group has restructured its operations. According to the decision of shareholders Rinat Akhmetov and Vadym Novynskyi, in addition to supporting the economic stability of Ukraine, the Group has channelled all of its resources to help Ukraine and Ukrainians. Over the more than two months of the war to date, UAH1.176…

Social media manipulation by political actors an industrial scale problem – Oxford report

6 mins read

The FINANCIAL -- Social media manipulation of public opinion is a growing threat to democracies around the world, according to the 2020 media manipulation survey from the Oxford Internet Institute, which found evidence in every one of the 80+ countries surveyed.…

A Greener Future Begins with a Shift to Coal Alternatives

8 mins read

The FINANCIAL -- As the world economy emerges from the COVID-19 crisis, the consumption of coal is expected to recover from its sharp decline during the pandemic. Demand for coal remains strong and helps to fuel economic development in emerging markets. Yet many countries, seeking a more sustainable future, have been taking steps to reduce their…

Verdict: Ivane Machavariani’s statement is a LIE.

8 mins read

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

Source: Geostat

Geostat: Annual Inflation 6.4% in January

1 min read

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 monthly basis prices were up by 0.7% in January.…

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

4 mins read

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 administration’s approach toward Iran has increased the likelihood of a major military conflict between the United States and Iran. Just 17% say the…

[File: Abedin Taherkenareh/EPA]

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

1 min read

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, that increased U.S. sanctions will push Iran to negotiate over its nuclear program.…

Today France, Tomorrow the USA?

6 mins read

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 countrymen:…

Many Still Have Holiday Shopping To Do

1 min read

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 gifts.…

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

7 mins read

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 compared to other countries of the region. There is a double-digit growth of FDI in the…

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

9 mins read

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 new Pew Research Center survey. Large majorities in both areas say the changes that have unfolded in Germany since 1989 have had…

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

4 mins read

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

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

7 mins read

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 doubled…

New PwC report abouf how to keep citizens and business safe

6 mins read

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 it’s because of inadequate responses to natural disasters, terrorist attacks, massive data breaches or the spread of disinformation, trust in governments’ ability to…

Rtveli made khachapuri expensive

1 min read

  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 year-on-year (compared to September 2018). The price of khachapuri increased in all four major cities of Georgia: Tbilisi, Batumi, Kutaisi, and Telavi.…

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