Home / 2015 / February (page 4)

Monthly Archives: February 2015

GEL Devaluation Suspended Sales in the Real Estate Market

“Archi” Group” Director General Ilya Tsulaia says the company is suffering   sales decline. He estimates that demand decreased   30 percent. In such circumstances Tsulaia does not plan to revise pricing policy, because the company is already working on a low profit margin, although the company launched a new …

Read More »

Local Tobacco Production may Stop

Due to the growth of excise tax, production of Georgian tobacco company “Samgori 94” has fallen by 80%. According to the company’s co-founder Avtandil Tsereteli, in the near future a sharp deterioration of the tobacco production is  expected in Georgia due to the introduction of ad valorem tax since July …

Read More »

Georgia intends to take $500M loan for infrastructure projects

The Georgian government intends to take a loan in the amount of $500 million for infrastructure projects, Georgian Minister of Regional Development and Infrastructure David Shavliashvili told reporters Feb. 23. He said that these funds will be spent for the construction of tunnels, bridges, roads and rehabilitation of the water …

Read More »

Why everyone benefits from making the law fair for women

Leveling the legal playing field for women holds real promise for the world—in both human and economic terms. Unfortunately, that promise remains largely ignored and its potential untapped. In too many countries, too many legal restrictions conspire against women to be economically active—to work. What can be done to remove these barriers?  …

Read More »

Vintage Awards Show Style

Take a look back at the icons who paved the way for the red carpet style setters of today. From Grace Kelly to Audrey Hepburn,the most glamorous moments from Academy Awards and Golden Globes of the past. Grace Kelly at Academy Awards in 1955 Vivien Leigh at the Academy Awards …

Read More »

MTPL in Georgia – a vital step to Economic and Social development

Activating driver’s liability compulsory insurance is inevitable – AYFB Driving force of the insurance industry is obligatory insurance, Yet, in Georgia, such simple matters as easening vechile and other insurances to protect and comfort citizens are not resolved. In every developed country there are numerous such insurances.Obligatory insurance in these …

Read More »

Georgian government not to take IMF loan

The Georgian government does not intend to take a loan from the International Monetary Fund, Georgian Finance Minister Nodar Khaduri told reporters Feb. 23. He said that the matter rests in attracting additional funds from other donors. “An IMF mission is in Georgia,” he said. “The mission representatives will meet …

Read More »

​Russia ratifies $100bn BRICS New Development Bank

The Russian State Duma has ratified the $100 billion BRICS bank that’ll serve as a pool of money for infrastructure projects in Russia, Brazil, India, China and South Africa, and challenge the dominance of the Western-led World Bank and the IMF. The New Development Bank is expected to start fully …

Read More »

10 signs you have a toxic boss

The new boss proved an able negotiator, winning himself an outsize compensation and benefits package. They even bought him a mansion. But at his first and only party for employees, he roped off most of the interior and installed backyard porta-potties. He located his office in a separate building. And …

Read More »

Apple is worth more than Switzerland

At $733 billion, Apple is worth more than Switzerland, and And only $15 billion shy of Saudi Arabia’s GNP. Apple’s market capitalization (share price times number of shares) didn’t stop at $700 billion. At Thursday’s opening bell, the company was valued by investors at $733 billion. That’s more than… The gross …

Read More »

Get an early start when hunting for Georgian wines

Get an early start when hunting for Georgian wines

Waltz, a tiny standing bar that specializes in natural wines, is nearly impossible to find the first time you try looking for it. On a recent Saturday evening, the bar’s obscure location — on a dimly lit backstreet between Tokyo’s Ebisu and Shirokane neighborhoods — confounded me and two of …

Read More »

What Your Favorite Wine Says About You

what-your-wine-says-about-you

Find out what your favorite wine says about your personality. Although, to be fair, as long as you’re drinking wine, there is already something very correct about you. If you love Malbec… You have a box full of adult toys and you like to dip your pizza crust in ranch. …

Read More »