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Daily Archives: August 29, 2015

Volume of Exports From Georgia to Turkey Decreases by 14%

Georgia-Turkey exports

The volume of export from Georgia to Turkey decreased by 14 percent (by $20.2 million) and amounted to more than $ 125 million – 5.7 percent of Georgia’s total exports in January-July 2015 compared to January-July 2014, the Georgian National Statistics Service said. In particular, semi-finished ironed items or non-alloy steel …

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BBC: Georgian Winemakers Ready to Toast End of EU tariffs

georgian-winemakers

Legend has it that 8,000 years ago wine was first invented in the small country of Georgia. Today, wine remains an important part of both the Georgian economy, and the Caucasus nation’s sense of identity, with thousands of winemakers together typically producing more than 100 million bottles a year. Back …

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Brazil’s Economy Enters Recession

Brazil

Brazil has entered recession after official figures showed the country’s economy contracted by 1.9% between April and June compared with the previous three months. Analysts had expected a contraction, but the number was worse than expected. First quarter output was also revised down to show a 0.7%, rather than a …

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