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Daily Archives: January 14, 2015

First Conversations 2 Mln Yrs Ago Likely About Tools

The first verbal conversations likely occurred between 2.5 and 1.8 million years ago and were about tool-making, a new study suggests. The study, published in the journal Nature Communications, presents compelling evidence that stone tool-making helped to drive the evolution of language and teaching among prehistoric human ancestors in the …

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The jobs challenge in Georgia-The World Bank review (infographic)

Unemployment remains a major challenge in Georgia, despite reform efforts and relatively strong economic growth over the past decade. At about 14.6% in 2013, the unemployment rate has dropped slightly in recent years but this has been due mostly to declining labor force participation. Job opportunities for young people in …

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Azerbaijan reduces dependence on oil

The economic model of Azerbaijan continues to demonstrate its success against the background of negative processes occurring in the world, when many countries faced the threat of a new crisis. Several years ago, Azerbaijani President Ilham Aliyev set a target to reduce the economy’s dependence on oil revenues. As a …

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“Georgia should not Expect New Investments from Kazakhstan”

New, large-scale investments from Kazakhstan are  not expected in Georgia at this stage. Olzhas Khudaibergenov,   advisor to Chairman of the National Bank of the Republic of Kazakhstan and Executive Director of the Kazakhstan Economists Association  told “Commersant”. It was announced about Kazakhstan’s plans to made  large investments in Georgia after …

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New Waste Management Code to be Enacted on January 15

A new Waste Management Code  will come into effect from January 15. The Government has reviewed the country’s Waste Management Code and made amendments, which included increasing fines for those who dropped rubbish. The law will regulate household, municipal, constructing and other types of waste transportation and storage. According to …

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Georgia among the Best Places to Eat and Drink in Europe

Georgian food and drinks are included in  Europe’s top five. The web site Thrillist publishes a list of 48 European countries where Georgia is ranked the  fourth. The portal’s representatives traveled to 39 countries from 48 and tasted local dishes and drinks. Italy occupies the first place in the list …

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Italy’s President Giorgio Napolitano Resigns

Italy’s veteran President Giorgio Napolitano resigned Wednesday after almost a decade at the helm of the eurozone’s third largest economy, setting the stage for the election of a new head of state. “President of the Republic Giorgio Napolitano signed his resignation letter this morning,” the presidential office said in a …

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