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The FINANCIAL -- U.S. retail sales barely budged in April, a sign of continued consumer caution heading into the spring, according to Nasdaq.
The FINANCIAL -- Prices of imported goods fell last month, suggesting weak global demand and a stronger dollar continue to hold back U.S. inflation, according to Nasdaq.
The FINANCIAL -- The European Bank for Reconstruction and Development (EBRD) has honoured the most successful participants in its Trade Facilitation Programme (TFP) 2014 in an award ceremony on the eve of the Bank’s Annual Meeting and Business Forum in Tbilisi on May 13.
The FINANCIAL -- The European Bank for Reconstruction and Development (EBRD) is providing a €9.6 million loan for the development of a new liquid-cargo terminal in Ploče, the second-largest cargo seaport in Croatia and the southern terminus of the Pan-European Corridor Vc.
The U.S.-Georgia Strategic Partnership Commission’s Economic, Trade, and Energy Working Group met in Washington, DC, on May 4, 2015.
The FINANCIAL -- The second of May, 2015, may well go unnoticed by historians of the future; but I am convinced that it marks a watershed not only in Georgia’s recent evolution – but also, maybe, in the history of our times...
The second of May, 2015, may well go unnoticed by historians of the future; but I am convinced that it marks a watershed not only in Georgia’s recent evolution – but also, maybe, in the history of our times...
Europe’s eastern sphere of influence is a collection of five countries that once were firmly integrated in Russia’s orbit (Georgia, Moldova, Ukraine, Armenia and Azerbaijan).
The FINANCIAL -- Cushman & Wakefield and DTZ have reached a definitive agreement to merge and are set to become one of the largest global real estate services companies.
The FINANCIAL -- The University of North Carolina at Chapel Hill and GSK, a global, research-based pharmaceutical and healthcare company with a legacy of success in developing treatments for HIV, on May 10 announced the creation of a dedicated HIV Cure center and a jointly owned new company that will focus on discovering a cure for HIV/AIDS.
The FINANCIAL -- Roche on May 11 announced that data from 10 of its approved cancer medicines and 10 of its investigational medicines will be presented during the American Society of Clinical Oncology (ASCO) Annual Meeting from 29th May - 2nd June in Chicago, United States. These data demonstrate the strength of Roche’s oncology pipeline, particularly in cancer immunotherapy and personalised medicine.
The FINANCIAL -- Safe drinking water has been provided to over 42,000 people in government-controlled areas and 3,300 people in non-government-controlled areas in eastern Ukraine’s Donetsk and Luhansk regions in a UNICEF project funded by the European Commission’s Humanitarian Aid and Civil Protection Department (ECHO).
The FINANCIAL -- As of May 8, Ukrainian agrarians planted spring grains and pulses throughout the areas of 5.5 mln ha, or 78% of the plan, as opposed to 6.7 mln ha on the same date last year, declared the Ministry of Agrarian Policy and Food of Ukraine.
The FINANCIAL -- Ahead of the Riga Summit, the Eastern Partnership Civil Society Forum (EaP CSF) has called on the EU to recognise the right of Georgia, Moldova and Ukraine to apply for EU membership.
The FINANCIAL -- Morgan Stanley Global Private Equity (MSPE) on May 11 announced the sale of its majority interest in Creative Circle, a leading professional staffing firm specializing in advertising, creative and marketing talent, to On Assignment, Inc. for $570 million, plus up to $30 million in contingent consideration if certain financial performance measures are achieved in 2015.
The FINANCIAL -- Nissan Lannia, making its global debut at Auto Shanghai 2015, stood out among the 109 global premier models at Auto Shanghai 2015 and was awarded as the “Best New Model to Come" by Auto Shanghai and six leading Chinese media.
The FINANCIAL -- International experts gathered in al-Khobar to discuss the challenges of balancing the ever-growing worldwide need for energy with the responsibility of doing so in an environmentally sustainable manner, according to Saudi Aramco.
The FINANCIAL -- Auto sales in China, the world's largest car market, fell an annual 0.5% in April to 1.99 million vehicles, the China Association of Automobile Manufacturers (CAAM) said, according to Borsa Italiana.
The FINANCIAL -- Given the economic crisis all over the world, the global investment environment is becoming more competitive. In light of that, the Turkish Ambassador advises the Georgian Government to be even more active. In his words, for instance, besides the well-known business centres in Turkey, the country has what they call the ‘Anatolian Tigers’ which represent a new generation of big Turkish companies. “Georgia should reach out and link up with these growing Turkish business communities. It will be a win-win process for both of us.” he promised.
The FINANCIAL -- The road death rate in Georgia is around four times that of the better performers globally and twice as high as the average EU road death rate. The country is working on a National Road Safety Strategy and the Action Plan at the moment. However, this will not be sufficient in itself until there is a concrete key agency working on the implementation of the strategy.