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Daily Archives: January 20, 2015

Georgia’s GDP increases by 6% for first three quarters of 2014

Georgia’s GDP increased by 5.9 percent for the first three quarters of 2014, the Georgian Statistics Committee said. The largest share in the GDP growth for the period accounted for the construction sector (1.2 percent), the industry (1.1 percent) and trade (1.1 percent). During the reporting period, the volume of …

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Georgian PM to travel to Switzerland for Davos forum

Georgia’s Prime Minister Irakli Garibashvili will on Jan. 20 depart for Davos, Switzerland to attend the World Economic Forum (WEF). Georgia’s State Chancellery told Trend that the Georgian economic delegation also includes the Deputy Prime Minister and Economy Minister Giorgi Kvirikashvili, Foreign Minister Tamar Beruchashvili, Executive Director of the Co-Investment …

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Brent crude to fall to $31 per barrel by end-Q1

Brent oil prices will tumble $31 per barrel by the end of the first quarter as global petroleum inventories continue to build, Bank of America Merrill Lynch analysts forecast on Thursday. Analysts around the world are slashing forecasts for Brent and WTI crude in the wake of a slide of …

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