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Daily Archives: April 15, 2015

Georgia Regional Leader in Open Government

British newspaper The Telegraph published the World Justice Project’s Open Government Index data, according to which Georgia stands out as the regional leader in Eastern Europe/Central Asia. Whether one agrees or not with this placement, it is worthwhile to look at the research provided on WPJ’s website.  WHAT IS THE WJP OPEN …

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Georgian Bread Cafe opened in New York

Georgian Bread Cafe opened in New York

People living in the United States (US) now have the possibility to taste Georgian national dishes at a new fast food-type restaurant in New York. The first Georgian bistro style restaurant has opened in Manhattan New York, offering a traditional Georgian bakery and authentic Georgian cuisine for an affordable price. …

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Georgia signs second Country Program Framework

On 8 April, Ms Maia Bitadze, Deputy Minister of Environment and Natural Resources and Protection of Georgia, and Mr Kwaku Aning, IAEA Deputy Director General and Head of the Department of Technical Cooperation, signed Georgia’s new Country Programme Framework (CPF). A Country Programme Framework (CPF) is the frame of reference …

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Nokia Agrees To Acquire Alcatel-Lucent For $16.6B

nokia alcatel-lucent

Nokia has announced that it plans to move ahead with the purchase of Alcatel-Lucent, less than one day after confirming that the two companies were discussing a deal. Nokia will pay $16.6 billion in shares for the rival telecom equipment maker. The merger with Alcatel-Lucent is expected to close in …

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Saxo Bank strengthens its capital base with EUR 77.5 million

Saxo Bank strengthens its capital base with EUR 77.5 million

Saxo Bank, the global online trading and investment specialist, has announced that it has strengthened its capital base by issuing Convertible Tier 2 Notes in exchange for EUR 46.25 million and by issuing new equity capital in the amount of EUR 31.25 million. CarVal Investors, a leading global investment fund …

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Georgia has one of the highest birth rates in Europe (Infographics)

Georgia has one of the highest birth rates in Europe (Infographics)

As noted in the information of the Georgian office of the aforementioned fund, researches by international and local experts under the guidance of a well-known demographer, Dr. Ralph Hakkarta, were held in the second half of 2014. “According to the study, the current fertility rate of 2.0 is one of …

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Export of American Cars to Azerbaijan Faces Problems

Problems began after Azerbaijan introduced the standard of fuel Euro-4 that automatically stopped exporting cars made before 2005. However, despite the fact that American cars comply with Euro-4 standard, they practically do not pass through the border. It comes to the cars of American brands manufactured in Japan after 2011 …

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Georgian soprano Nino Machaidze to perform in Tbilisi

Internationally recognised Georgian opera singer Nino Machaidze is in Tbilisi for her first recital after a long break. The Georgian singer will perform at the International Festival of Academic Arts and Classical Music ‘From Easter to Ascension’ at the Tbilisi Conservatory Grand Hall on April 16. The concert will also …

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Fiber-Optic Internet to Cover Entire Georgia

Tbilisi, April 15th — Georgia’s Ministry of Economy and Sustainable Development opened a tender for constructing optical internet cables covering entirety of the country. The aim of the project is to cover Georgia with high-speed internet, including the removed and isolated parts of the country. “A tender will be held up until May 5th …

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