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Daily Archives: July 17, 2015

Georgian Literature Prize Saba 2015 Nominees

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The literature prize Saba announced its 2015 contestants. Saba is the most prestigious literary award in Georgia, founded by TBC Bank and Rustavi-2 TV. Its winners are revealed each year. The categories vary from fiction to non-fiction, poetry, as well as translation works. You can view the names of some nominated authors …

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“Georgian Primary Healthcare Should be Unique” — Jean-Elie Malkin

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“New demands on primary health care emerge due to aging, depopulation and need of prevention and long-term care of non-communicable diseases (NCDs). Because of underinvestment in primary care in the previous decades, the current supply of primary care needs significant strengthening of network, infrastructure, human resources, financing and setting the …

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Dollar Rises to Seven-week High on Rate-hike Expectations

Dollar Rises to Seven-week High on Rate-hike Expectations

The dollar index rallied to a seven-week peak on Thursday, with an easing in jobless claims reinforcing market expectations of a 2015 U.S. interest rate hike. A day after Federal Reserve Chair Janet Yellen signaled that the first rise in U.S. rates in nearly a decade was likely this year, …

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More Volatility Expected – Euro Currency Update

More Volatility Expected - Euro Currency Update

Euro Greek PMs may have agreed to implement the bailout procedures demanded by creditors, but the social unrest in the nation is keeping investors wary. Demand for the common currency also dipped after ECB chief Mario Draghi implied that quantitative easing would be pursued for at least another year, although …

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New Low-fare Foreign Airlines to Operate in Georgia in 2015

New Low-fare Foreign Airlines to Operate in Georgia in 2015

Georgia Airports Association (GAA)  plans to attract new low-cost airlines and increase the number of flights to Europe in 2015. According to Director of the Association Ketevan Aleksidze, this was one of the major themes of the recent aviation forum Routes Silk Road 2015  held in  Georgia. “A similar forum was …

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Stimor Starts Exporting Tomatoes in 2016

Stimor Starts Exporting Tomatoes in 2016

In 2016, the tomatoes grown in greenhouses of the company  Stimor will be exported to Europe. A representative of the Israeli company Avrum Gagulashvili  says that a  corresponding agreement with European partners has  already been signed and “Stimor” is currently working on obtaining international certificates required for exporting products to …

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Gulf to Challenge the Competition Agency’s Conclusion in Court

Gulf to Challenge the Competition Agency’s Conclusion in Court

The company Sun Petroleum Georgia operating chain of petrol stations under the Gulf brand intends to challenge the Competition Agency’s  decision in the court. CBW  was told at Gulf  oil company. They say that they are strongly against the Agency’s arguments and imposed fine, as Sun Petroleum Georgia is one of …

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Georgian Prime Minister Instructed Finance Minister to Postpone Mandatory Labeling of Non-alcoholic Beverages

Georgian Prime Minister Instructed Finance Minister to Postpone Mandatory Labeling of Non-alcoholic Beverages

Prime Minister of Georgia Irakli Garibashvili instructs Finance Minister Nodar Khaduri to postpone compulsory labeling   of non- alcoholic beverages. “Manufacturers of alcoholic beverages have asked the Prime Minister of Georgia Irakli Garibashvili to defer the mandatory labeling of the products. Ministry of Finance prepared a draft, according to which the …

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Batumi Heats Up with Sanremo Stars’ Weekend

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Everyone’s favorite Italian singer Umberto Tozzi and the near-legendary Ricchi e Poveri graced the newly constructed stage on the Batumi Tennis Courts with their hit songs. “Heat Batumi 2015” moved to an active phase last weekend as 17th to 19th of July saw the Sanremo Stars’ days. The concerts were led …

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