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Daily Archives: July 20, 2014

US Federal Debt to reach 106% of GDP by 2039

America’s public debt will rise to 106 percent of GDP in the next 25 years, a level seen just once in US history – just after World War II, the US Congressional Budget Office (CBO) warned. US debt has skyrocketed to over $17 trillion, and is now about 74 percent of …

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“KAZANTIP” TO KICK OFF ON AUGUST 20

On 20- 30 August the electronic dance music festival “Kazantip” will be held in Anaklia.  The project manager Nikita Marshunok met with Georgian journalists and told them the details of the upcoming project. Infrastructure works have  already started in Anaklia, installation of the stage and construction of the tent city …

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KAKHA BENDUKIDZE: IRAN IS LESS DANGEROUS THAN RUSSIA

An interview with the adviser to the Government of Ukraine Kakha Bendukidze – You once said that it would be very difficult to carry out  reforms in Ukraine, as systemic corruption is the main problem the country faces. What do you think about this now? – Now I think the …

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HANS ROSLING: IN THE FUTURE, GEORGIA WILL HAVE TO CHOOSE BETWEEN ONE -BILLION EUROPEAN MARKET AND 9-BILLION MARKET OF ASIA AND AFRICA

An interview with professor, Swedish Academy member Hans Rosling  -The methodology of calculating unemployment level is one of the problems existing in   Georgia.Different organizations have different results, not to mention the social issues. How can we resolve this issue? – Indeed, the methodology is crucial. For example, can a woman …

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PROSTITUTION ECONOMY

Distort the market” thinking we imagine government regulations, taxes, subsidies, which may interfere with market mechanisms to achieve optimal benefits. For example, if you pay 100 euros for a taxi 30 minute service (as it is in many European capital), you can, it is easily subject to government regulations that …

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9 EU countries ready to block economic sanctions against Russia

France, Germany, and Italy are among EU members who don’t want to follow the US lead and impose trade sanctions on Russia. US sanctions are seen as a push to promote its own multibillion free-trade pact with Europe. “France, Germany, Luxembourg, Austria, Bulgaria, Greece, Cyprus, Slovenia, and EU President Italy …

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US readies to impose unilateral sanctions against Russia

Officials in the United States called European Union ambassadors this week for a closed-door meeting in the White House to urge their governments to impose tougher sanctions on Russia over the situation in Ukraine. If European countries refuse America’s request, however, the Obama administration is reportedly ready to announce so-called …

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Leaked: EU to cut loans and investment for Russia, punish Crimea

EU leaders may impose a new round of sanctions against Russia at Wednesday’s summit, including blocking trade and investment in Russia and Crimea, according to media sources that have obtained a copy of a draft statement. EU leaders may impose a new round of sanctions against Russia at Wednesday’s summit, …

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