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Daily Archives: May 13, 2015

Mountainworld Khevsureti

Possibly the most mysterious region in the Greater Caucasus. It borders with Chechnya in the north, with a little more than 3000 inhabitants, who some believe are the last descendants of the Crusaders. Through Khevsureti run steep valleys overlooked by ancient fortresses. The village of Shatili, a mere 6 km …

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US Army official: Noble Partner is the Name Georgian Army has Earned

US Army official: Noble Partner is the Name Georgian Army has Earned

The name ‘Noble Partner’ was deliberately chosen for the Georgia – US joint military exercises, to underline the significance of Georgian armed forces, US Army official said. The United States Air Force Brigade General and European Command’s director of exercises and assessments Mark Loeben praised Georgian army and stressed its …

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Socar About Gossip Around The Project In Georgia

Head of the Investment Department of the State Oil Company of Azerbaijan Vagif Aliyev named the reasons for suspending the construction of the company’s carbamide plant in Georgia. “This decision was made due to the changes in the conditions in the energy market, long-term gas supply and other issues”- said …

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Europe’s economy has been flipped on its head

The eurozone recovery isn’t as strong as everyone thought — and it’s the fault of Germany and the UK. New data from Eurostat out Wednesday morning shows Europe’s economy grew by 0.4% in the first three months of the year. That’s up from 0.3% in the final three months of …

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The U.S. Workweek Is Getting Shorter

Productivity in the U.S. has been pretty abysmal of late. Data in thejobs report released last week show that trend may be about to turn. The Labor Department figures showed that the length of the average workweek for all employees in April was 34.5 hours. That was unchanged from March, when the workweek shrank for the first …

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Georgia and EBRD establish Investors Council to bolster economic growth

Georgian Prime Minister Irakli Garibashvili and European Bank for Reconstruction and Development (EBRD) President Sir Suma Chakrabarti signed a Memorandum of Understanding to establish an Investors Council, a ground-breaking initiative to promote investment in Georgia. The Investors Council will facilitate dialogue at the highest level in order to advance economic …

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