Gartner HR Survey Finds Australian Employees Less Willing to Go ‘Above and Beyond’ at Work

3 mins read

The FINANCIAL — The impact of extended COVID-19 lockdowns in major Australian cities took its toll on workers in 3Q21 as discretionary effort levels – or willingness to go above and beyond at work – fell to new lows, according to Gartner, Inc.…

EU Bank invests up to EUR 34 million for fast internet connection for rural Georgia

7 mins read

The European Investment Bank, the Bank of the European Union, will invest up to EUR 34 million in the expanding a high-speed internet network bringing fast and reliable internet services to some 500,000 Georgians living in 1000 rural and remote settlements in Georgia. The investment from the EU bank will finance the installation of 5000…

New approach to predicting battery failure could help maintain electricity for millions around the world

4 mins read

The FINANCIAL — The new method of predicting battery failure is 15 – 20% more accurate than current approaches. Millions of people around the world lack access to electricity. Decentralised solar-battery systems are key for addressing this whilst avoiding carbon emissions and air pollution, but are hindered by relatively high costs and rural locations that inhibit…

The economies of central and eastern Europe (CEE) have continued to rebound

5 mins read

The FINANCIAL — The economies of central and eastern Europe (CEE) have continued to rebound from last year’s pandemic-related recession, ensuring mostly improved sovereign credit outlooks for 2022, says Scope Ratings.…

Human Rights Day: 45 Journalists killed in 2021 and 365 still in prison

4 mins read

The two lists underscore the deepening crisis in journalism, with rights and freedom of journalists under sustained threat in many regions of the world. …

Senior U.S. Official To Travel To Ukraine, Russia Amid Effort To Ease Tension

3 mins read

WASHINGTON — A top U.S. official is being dispatched to Ukraine and Russia next week amid an effort to ease tension between the two nations.…

Ukraine reports 5,804 new COVID-19 cases

2 mins read

Ukraine has recorded 5,804 new COVID-19 cases in the past 24 hours, the ukrinform reported based on Ukrainian Health Ministry information on Facebook.…

Arctic Ocean started getting warmer decades earlier than we thought

5 mins read

The Arctic Ocean has been getting warmer since the beginning of the 20th century – decades earlier than records suggest – due to warmer water flowing into the delicate polar ecosystem from the Atlantic Ocean.…

EU dairies increased production in 2020

2 mins read

The FINANCIAL – In 2020, EU farms produced 160.1 million tonnes of raw milk, 1.1% more than in 2019. From that total, an estimated 149.9 million tonnes were used by dairies, together with skimmed milk, to produce a range of manufactured dairy products, as well as fresh products. This information comes from data on milk…

EU: Rail transport severely impacted by COVID-19 in 2020 

2 mins read

  The FINANCIAL — As a result of strict precautionary measures and a reduced number of trains in operation since March 2020, rail transport reduced significantly in the EU. Freight transport was impacted by those restrictions to a much lesser extent than passenger transport, which almost halved between 2019 and 2020 (-46%) reaching 223 billion passenger-kilometres. Particularly…

Euro area international trade in goods surplus €7.3 bn

2 mins read

The FINANCIAL– The first estimate for euro area exports of goods to the rest of the world in September 2021 was €209.3 billion, an increase of 10.0% compared with September 2020 (€190.2 bn). Imports from the rest of the world stood at €202.0 bn, a rise of 21.6% compared with September 2020 (€166.1 bn). As a…

“Your government is the worst government that Georgia has seen in decades”, Fady Asly to Georgia’s PM

12 mins read

Mr. Prime Minister, Watching the appalling state of affairs in Georgia and contemplating the country’s very grim perspectives, I felt compelled to write to you in all honesty; I owe it to you, I owe it to the Georgian people, but most importantly I owe it to my own conscience.…

Scope revises Georgia’s Outlook to Stable from Negative, affirms ratings at BB

16 mins read

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 at S-3 in local and foreign currency, with Outlooks maintained at Stable.…

Majority of public believes high-level corruption is common in Georgia

4 mins read

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 results of a telephone-based public opinion survey that was commissioned by TI Georgia…

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EBRD provided €25 million to Bank of Georgia to make private sector greener

3 mins read

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 Georgia for on-lending to local companies, with a special focus on investment in…