Home / 2015 / July / 02 (page 2)

Daily Archives: July 2, 2015

Facebook Just Made a Tiny Change to its Logo

facebook logo

When you’re Facebook, even the slightest changes has a way of capturing the Internet’s attention. A year on from Google’s radical one pixel movement of its second letter ‘g’, Facebook made a similarly subtle and fastidious change to its logo this week, altering the kerning of its letters and switching …

Read More »

Gov’t not Forecasts any Significant Fluctuations in the Lari Exchange Rate

The government does not expect any significant fluctuations in  the lari  exchange rate.  According to  Deputy Prime Minister and Economy Minister George Kvirikashvili,  considering the macroeconomic parameters and trends of the last few months, especially a lately tendency, there is no reason for the sharp fluctuations in the exchange rate. “There …

Read More »

NBG: Refinancing Rate Increases by 50 Basis Points

The Monetary Policy Committee (MPC) of the National Bank of Georgia (NBG) met on July 1, 2015 and decided to increase the refinancing rate by 50 basis points to 5.5 percent. According to the National Bank of Georgia, the monetary policy decision is based on the macroeconomic forecast, which shows …

Read More »

Tbilisi’s Incoming Tourism Grows by 3,4% in June (Infographics)

According to Ministry of Internal Affairs of Georgia‘s report, in June, 496 758 visitors have crossed the Georgian border. The introduced conditional division is shown below: 1) Tourists – 197 537 visits (39, 8% of the total number) 2) Transits – 131 710 visits (26, 5% of the total amount) …

Read More »

New 4-star Hotel “Mercury” Opens in Tbilisi

An international hotel chain operating in 51 countries has opened in Georgia’s capital city. Ceremony, dedicated to the hotel’s official opening, has been held on Tuesday. The event was attended by the Prime Minister. According to Irakli Garibashvili, over 100 new hotels have been opened in Georgia through the last …

Read More »

Toyota, Nissan, Honda Back Hydrogen Stations for Fuel Cells

 Toyota, Nissan and Honda are working together to get more fuel cell vehicles on roads in what they call Japan’s big push toward “a hydrogen society.” Fuel cell vehicles emit no pollution. They run on the power created when hydrogen stored as fuel combines with oxygen in the air to …

Read More »

Tourism Bookings Nosediving in Greece

The government’s decision to call a referendum, shut banks and default on its payment to the International Monetary Fund is  taking a toll on Greek tourism, professionals warned on Wednesday. Andreas Andreadis, the head of the Association of Hellenic Tourism Enterprises (SETE), said that hotel bookings are down 50 000 …

Read More »

NBG Increases Its Policy Rate to 5.5%

The Monetary Policy Committee of the National Bank of Georgia met on July 1, 2015 and decided to increase the refinancing rate by 50 basis points to 5.5 percent. The monetary policy decision is based on the macroeconomic forecast, which shows increase in the inflation expectations as well as in …

Read More »

Saudi Prince to Donate $32bn Fortune to Charity

Saudi Arabian billionaire Prince Alwaleed bin Talal has said he will donate his entire $32bn  fortune to charity. The 60-year-old nephew of King Salman is one of the world’s richest people. The money would be used to “foster cultural understanding”, “empower women”, and “provide vital disaster relief”, among other things, he …

Read More »

Jurassic World: A Film Review

“Jurassic World” boasts the biggest opening weekend of any film in North America, and the highest-grossing opening worldwide. It is the first film to gross $500 million globally in a single weekend and the third highest-grossing film of 2015. Yet, this film-reviewer was hesitant to go see it. So this …

Read More »