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Daily Archives: March 2, 2015



Twitter said Sunday night that it was working with law enforcement agencies to investigate whether purported ISIS-related threats against co-founder Jack Dorsey were real.

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Whether or not 25% of Georgian Railway will be Sold out?

To stabilize the exchange rate of the Georgian lari, the government has put several objects for privatization. Georgian Railway LLC is not included in the list yet, however, there has been a lot of talk around  the company . Economy Minister Giorgi Kvirikashvili said that for quoting it would be …

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“Lukoil”: In Georgia, Gasoline Prices are Lower than Real

Minister of Finance of Georgia Nodar Khaduri met with representatives of the oil business and discussed the situation in the industry, possible measures for its development, the necessary legislative changes, etc. According to Deputy General Director of “Lukoil – Georgia” Shavleg Mishveladze,  the meeting was initiated by the  representatives of …

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Commercial Gas Price still Hiked

The hiked rate has been in force, however,  the  gas distribution company is holding consultations with the National  Energy Regulatory Commission and the Government regarding  the gas tariff. Deputy Energy Minister Mariam Valishvili explains that in Tbilisi the commercial gas price hike decision is valid at this moment. However, Deputy …

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China cuts interest rates

China’s monetary policy

CHINESE monetary policy is rarely straightforward. This weekend’s interest cut was no exception. The third loosening move in little more than three months, it should be evident that China is now in all-out easing mode.

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First Georgia Gaming Congress: recap of the event

On February 20, 2015, Tbilisi with great success hosted Georgia Gaming Congress – the first industry event in recent years in gambling business, organized by Smile Expo, and its general sponsor BetConstruct. The idea of ​​holding such event in this country is not accidental. “Over recent years, Georgia places bets …

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Irish manufacturing boosts eurozone

Ireland's manufacturing

Manufacturing output in Ireland has risen to its highest level in more than 15 years, according to the Markit Purchasing Managers’ Index (PMI). Accelerated growth in both new orders and production pushed Ireland’s PMI to 57.5 in February. A figure above 50 suggests expansion. Overall eurozone manufacturing PMI held steady …

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Rkatsiteli, Vita Vinea, 2011

“This traditional, amber-yellow Rkatsiteli wine made in qvevris has quite intense first aromas blending notes of vegetation with the smell of walnuts. Its flavour reveals sweet hints of spices such as ginger. Quite a long and pleasantly stinging finish, with notes of minerals. This wine would go well with dressed …

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Banksy Sneaks Into Gaza To Create Controversial Street Art


Banksy, a street artist revered by thousands for his ability to express powerful messages and capture our attention, has finally addressed arguably the most controversial topic he could have possibly used his art to comment on – the Israeli-Palestinian conflict and the Gaza strip.

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Can negative interest rates create growth? — Roubini

Monetary policy has become increasingly unconventional in the last six years, with central banks implementing zero-interest-rate policies, quantitative easing, credit easing, forward guidance, and unlimited exchange-rate intervention. But now we have come to the most unconventional policy tool of them all: negative nominal interest rates. Such rates currently prevail in …

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