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Daily Archives: January 28, 2016

Georgia and Kazakhstan Announce First Big Arms Export Deals

Georgia and Kazakhstan Announce First Big Arms Export Deals

Georgia and Kazakhstan have both announced the first major arms sales of their nascent defense industries, both for armored vehicles: Georgia’s to Saudi Arabia, and Kazakhstan’s to Jordan- Eurasianet reports.  Under one deal, Georgia’s state arms manufacturer Delta will sell “more than 100” armored medical evacuation vehicles to Saudi Arabia, …

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Admiral Markets: A Tale of Three Banks

The European Central Bank's new chief Ma

As we enter the finishing straight for January central banks take centre stage once more. Last Thursday Mario Draghi and the ECB set the ball rolling. Mr Draghi, no doubt chastened by the market’s reaction to his non-event in December, was more expansive, suggesting that the ECB would take the …

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Mark Zuckerberg Just Became the 6th Richest Person on Earth

Mark Zuckerberg

Mark Zuckerberg just became the sixth-richest person on Earth. The Facebook Inc. founder saw his fortune rise $5.5 billion in early trading Thursday as the world’s biggest social network delivered another quarter of record revenue. That gives the 31-year-old a net worth of about $47 billion, enough to surpass the …

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Another Georgian Wine House Opens in China

Georgian wine in china

The Georgian Wine House was unveiled in the Chinese town of Lishui, the Zhejiang Province. Maia Tskitishvili, a special representative of LEPL National Wine Agency of the Georgian Agriculture Ministry to China, attended the wine house inauguration ceremony jointly with a Georgian delegation. The Georgian Wine House was unveiled by …

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The Guardian Announces Reopening of Tbilisi Opera House

Tbilisi Opera House

London based publishing Guardian writes about reopening of a Tbilisi Opera House, which is due to take place in two days. With funding from nation’s richest man, former prime minister Bidzina Ivanishvili, prestigious cultural institution hopes to bring back glory years. The article quotes sayings from Georgian prima ballerina Nina …

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Georgian Persimmon is Sold for €8 in Holland


In 2015 Geofood company exported a test consignment of 100 kilogram dried Persimmon to the Netherlands and supplied it to the supermarkets that trade in bio products. The supply price per kilogram marked 8 EUR. The company failed to export the second consignment. Geofood founder Giorgi Kochlamazashvili told the Business …

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Tesla’s Model III Goes 320km Per Charge and Costs $35,000

Tesla's Model III Goes 320km Per Charge and Costs $35,000

I think we’re going to try to do something more radical, says Elon Musk, creator of Tesla Motors, whose charging stations will power your Tesla for free, forever.  This one, the Model III could be available in 2016, but more likely the middle or end of 2017.  It’s 20% lighter …

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Georgian Bankers Receive Highest Salaries in the Country

Men In Suits in The Financial Square Mile In London

According to Geostat, the national statistics service of Georgia, highest salaries are recorded in the financing business. According to the Geostat report, in the third quarter of 2015 the averaged monthly salaries of employees marked 930 GEL, down 0.4% compared to the second quarter  of 2015, but up 9.3% compared …

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