Tech companies Microsoft, Google, and Adobe are all giving up on their Russian operations amid a new law requested by President Vladimir Putin and which requires companies to store collected user data on local servers which would obviously become accessible to authorities.
Read More »Daily Archives: December 17, 2014
60% of the world is still without internet
In the relatively short amount of time since its invention, the internet has become a dominant force in our lives, and be it through our smartphones, tablets, laptops, PCs, speaker systems watches or other devices we make use of it in some cases for more hours of the day than …
Read More »Turkey’s unemployment rate hits 10.5 percent
Turkey’s unemployment rate rose to 10.5 percent in September, from 10.1 percent in the previous month, the Turkish Statistical Institute said on Monday. It was the second month in a row to show double-digit unemployment, as the Turkish economy has slowed sharply in the past three months.
Read More »Lado Gurgenidze to Advise Ukrainian Gov’t on Reform Implementation
The former Prime Minister of Georgia and co-owner of Liberty Bank Lado Gurgenidze will advise the Ukrainian power on reforms implementation. The Chief of Presidential Administration Boris Lozhkin said in an interview with the Ukrainian Pravda. “I met him several times in the last three weeks. He will hold active …
Read More »SOCAR to increase investments to joint venture of Azerbaijan, Poland
Azerbaijan’s State Oil Company (SOCAR) delivered over 750,000 metric tons of crude oil to Poland in 2014, Energy Minister of Azerbaijan Natig Aliyev said. He made the remarks Dec. 15 at the Azerbaijan-Poland business forum held in Baku. “Azerbaijani and Polish companies are successfully cooperating in energy, oil and gas, …
Read More »Parliament Already Discovered Inconsistencies in Several Tenders
According to Temur Maisuradze, Deputy Chairman of the Sector Economy and Economic Policy Committee, they have already received requested information from state agencies and questions arose in relation to eight tenders. In particular, Maisuradze notes that there are tenders which initial cost was 3.7 million, but after winning the tender …
Read More »Georgian National Tourism Administration: It is Necessary to Focus on Solvent Tourists
An interview with the Head of the Georgian National Tourism Administration George Chogovadze The budget of your department in 2015 is virtually identical to the budget in 2014. What new projects do you intend to implement in the coming year? We cannot say that it is identical. In 2015, our …
Read More »The Washington Post: Sorry, Putin. Russia’s Economy is Doomed
A funny thing happened on the way to Vladimir Putin running strategic laps around the West. Russia’s economy imploded. The latest news is that Russia’s central bank raised interest rates from 10.5 to 17 percent at an emergency 1 a.m. meeting in an attempt to stop the ruble, which is down …
Read More »Azerbaijani citizens not to feel oil price decrease on world market – Ilham Aliyev
Azerbaijani citizens will not feel the oil price decrease on the world market, Azerbaijani President Ilham Aliyev said during the opening ceremony of the first All-Republican Forum of ASAN Volunteers in the Heydar Aliyev Center in the Sabirabad district. “The oil prices have sharply decreased,” the president said. “Has anyone …
Read More »NEW FURNITURE SHOP INSOLITO OFFERING VARIOUS STYLES AND DESIGN PIECES
Insolito shop opened its door on December 1st. It offers carefully curated and eccentric collection of furniture and accessories that are represented at their showroom in Tbilisi,Georgia. At a first glance shop looks like a modern,stylish house where you will definatly feel like a home. This is because Insolito furniture …
Read More »GEORGIA’S OMBUDSMAN SPEAKS OUT AGAINST BANK OF GEORGIA’S SEXIST ADD
Georgia’s ombudsman Ucha Nanuashvili addressed Bank of Georgia with his concern regarding the institution’s recent advertisement which was sexist in its content. Mr Nanuashvili made general recommendations as to how the bank should avoid such instances in the future. The provoking add in question is a caricature drawing of a …
Read More »Georgia, Ukraine May Get Visa-Free Regime With EU At Riga Summit
Latvian Foreign Minister Edgars Rinkevics has said that the EU might grant both Georgians and Ukrainians visa-free access to the EU’s Schengen zone next year.
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