The FINANCIAL – Scope Ratings GmbH (Scope) has today affirmed Georgia’s long-term issuer and senior unsecured debt ratings at BB in both local and foreign currency and revised the Outlooks to Stable from Negative. The short- term issuer ratings have been affirmed…
The FINANCIAL – Scope Ratings GmbH (Scope) has today affirmed Georgia’s long-term issuer and senior unsecured debt ratings at BB in both local and foreign currency and revised the Outlooks to Stable from Negative. The short- term issuer ratings have been affirmed…
A large part of the population of Georgia believes that high-level corruption – cases of corruption involving high-ranking officials – is common in the country. At the same time, the population seldom encounters petty corruption in their daily life. Such are the…
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are providing fresh funding to support the green transition of micro, small and medium-sized enterprises (MSMEs) in Georgia. The EBRD is extending a €25 million loan to Bank of…
The recent Russian cyberattacks against the U.S. are a stark reminder to Americans that aggressive provocations are an essential component of the Vladimir Putin playbook, designed to inflict severe harm. In Ukraine, Russia continues its relentless aggression, using its military as a…
Being a household brand in the banking sector, Bank of Georgia continues to forge a successful year, having received an Excellence award for the second time in the last two months. The authoritative financial magazine Euromoney and the international edition Global Banking…
On the outskirts of Tbilisi, Georgia’s capital city, thousands of books are crammed into a huge warehouse. From classical prose to mystery thrillers, romance novels to poetry collections, there is something here for even the most discerning reader. Bookland lives up to…
Low-income neighborhoods and communities with higher Black, Hispanic and Asian populations experience significantly more urban heat than wealthier and predominantly white neighborhoods within a vast majority of populous U.S. counties, according new research from the University of California San Diego’s School of…
The FINANCIAL — The World Bank Group today announced its new Climate Change Action Plan that aims to deliver record levels of climate finance to developing countries, reduce emissions, strengthen adaptation, and align financial flows with the goals of the Paris Agreement.…
The FINANCIAL — Total UK advertising spend to grow at 7% p.a. over the next 5 years as it recovers from the pandemic disruption. Total UK consumer spending on Entertainment & Media to grow at 5% p.a. over the next 5 years, driven…
The FINANCIAL -- The discovery of the comet estimated to 100-200 kilometers across was made by Penn researchers following a comprehensive search of data from the Dark Energy Survey. Comet Bernardinelli-Bernstein is the most distant comet ever discovered and possibly the largest…
The FINANCIAL -- Scientists at the University of Oxford demonstrate how it is possible to directly extract valuable metals from hot salty fluids (‘brines’) trapped in porous rocks at depths of around 2km below dormant volcanoes. They propose this radical green-mining…
The FINANCIAL -- For the first time, scientists have picked up the ripples in space-time caused by the death spiral of two celestial juggernauts, a neutron star and black hole, UKRI notes. Scientists picked up the reverberations from these two objects using a…
The FINANCIAL -- 11 individuals and 2 entities have been added to the Belarus financial sanctions regime.…
The FINANCIAL -- Nature-based solutions (NbS) can contribute to the fight against climate change up to the end of our century, according to new Oxford research in the leading scientific journal Nature. The analysis suggests that, to limit global temperature rise, we must…
The FINANCIAL -- An international team of astronomers observed the star, VVV-WIT-08, decreasing in brightness by a factor of 30, so that it nearly disappeared from the sky. While many stars change in brightness because they pulsate or are eclipsed by another star…
