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Daily Archives: July 9, 2015

New York Stock Exchange Temporarily Halt Trading

Yesterday, the New York Stock Exchange temporarily halted trading. The stock exchange shut down at around 11.32 am local time and did not resume until 3.10 pm. Currently the shut down is attributed to a technical glitch. There is no evidence that such difficulties were caused by a malevolent hacker. …

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IMF Cuts Global Growth Forecast for 2015

The International Monetary Fund has cut its forecast for global growth this year, as a result of a slowdown in the US economy. The IMF now says the global economy will expand by 3.3% in 2015, compared with a previous forecast of 3.5%. Last month, the IMF lowered is forecast for …

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7000 Tons of Peaches Harvested in the Region of Kakheti

According to the Ministry of Agriculture, as of July 9, a total of  6000 – 7000 tons of peaches have been already harvested, 700 tons of which will be  exported and the rest will be  sold on the local market. Peach exports are carried out smoothly to the Russian Federation, Kazakhstan, …

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Stocks Fall, Yen Jumps on China Turmoil

World stock indexes fell and the yen jumped against the dollar on Wednesday on concerns over China’s market turmoil and lingering worries over the future of Greece in the euro zone. U.S. stocks ended sharply lower, with investors also unnerved by a more than three-hour suspension in New York Stock …

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EU Antitrust Regulator Accuses MasterCard of Excessive Card Fees

EU antitrust regulators accused MasterCard on Thursday of over-charging non-European cardholders to process their purchases in Europe, the second time the EU has taken on the world’s No. 2 credit and debit card network. “We currently suspect Mastercard is artificially raising the costs of card payments,” said the EU statement. …

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National Geographic Georgia to Display Photos at Kus Tba Today

On July 9, National Geographic’s Georgian editorial will present its photo show at Kus Tba or the Turtle Lake in Tbilisi. The photos on display will include the National Geographic magazine’s best photos from the past year, as well as archival photos and unpublished photos. Among the archival material, the …

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