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Daily Archives: October 6, 2015

More than 119 Thousand Tons of Grapes Processed in Kakheti

According to the National Wine Agency, 119 thousand tons of grapes have been processed since the start of the harvest in Kakheti region, as of 6 October 12. Revenues from the sale of the crop reached GEL 81 million. As of October 5, more than 118 thousand tons of grapes …

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Pension Increases not Planned in Georgia’s 2016 Budget

Georgian Lari strengthens against US dollar and Euro

Amid a difficult economic situation in Georgia and the greater region, the government does not consider it appropriate to take on additional social obligations – Deputy Minister of Finance George Kakauridze stated. According to him, the state does not intend to abandon the already undertaken obligations, including pension provision, especially …

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Claims of KazTransGas Came as a Surprise for the Georgian Governmnet

“There has never been a conversation that KazTransGas may request a refund of investments the company made,” the Minister of Economy of Georgia Dimitri Kumsiashvili. Kumsiashvili’s comment followed in response to the Kazakh side’s unexpected statement about a compensation for damages if the parties fail to agree on the company’s return …

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China’s Yuan Joins Top 4 Global Currencies

The Chinese yuan became the fourth most-used currency for cross-border payments in August, according to global transaction services organization SWIFT. It’s the first time, the yuan has moved ahead of the Japanese yen. There was a “substantial” increase in the use of the Chinese currency in the final week of …

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Georgia Expects Plentiful Citrus Harvest 2015

Citrus in Georgia

After the last year’s poor citrus harvest, Georgia is expecting a rich and high quality ‘orange harvest’ this season. The typical citrus season runs from November to January and in this time it is expected more than 135,000 tonnes of citrus fruit will be harvested, of which 105,000 tonnes will …

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Hillary Clinton Was Fired from a Fishery Before she was Famous

Hillary Clinton

Before heading to Yale, former Secretary of State Hillary Clinton says she was fired from her brief stint at a salmon cannery in Valdez, Alaska. The former New York Senatorrecounted on the “Today” show Monday that after graduating from Wellesley College, she and some friends worked their way across Alaska washing dishes, and she …

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FOX International Will be Available on Georgian Satellites

A presentation of Fox International Channels took place in Tbilisi’s Radisson Blue Iveria Hotel last week. The company FOX International Channels is the leading international company that produces world’s leading TV channels, including FOX, National Geographic Channel, FOX Life, Nat Geo Wild, FOX News, Sky News, Baby TV. FOX International …

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Chernobyl Full of Wildlife 30 Years after the Radiation Explosion

The accident at the Chernobyl Nuclear Power Plant in 1986 had a devastating impact on the local population and forced 116,000 people to permanently leave their homes. But now researchers have discovered that, while the people may not have returned, the contaminated area of Belarus is teeming with wild animals, …

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KazTransGas may Demand Returning Investments Put in Georgian Subsidiary

Kazakhstan’s KazTransGas may demand Georgia to return investments made in 2006-2009 in its subsidiary KazTransGas-Tbilisi, according to a message from the company. KazTransGas, Kazakhstan’s national gas and gas supply operator, created KazTransGas-Tbilisi in 2006, pursuant to an investment memorandum signed between KazTransGas and Georgia’s Economic Development Ministry on Dec. 26, …

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Angry Air France Workers Attack Execs (PHOTOS)

Angry workers stormed an Air France meeting where executives were planning to cut 2,900 jobs, forcing the bosses to flee with their clothes in tatters. A shirtless Xavier Broseta, Executive Vice President for Human Resources and Labour Relations at Air France, is evacuated by security after employees interrupted a meeting …

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