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  • UNWTO: International tourism – strongest half-year results since 2010

    AFGHANISTAN, 2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.

  • US Vice President Mike Pence To Visit Georgia

    GEORGIA, 2017/07/08 US Vice President Mike Pence will travel to Georgia in late July, according to the White Home reported. In Tbilisi, the Vice President will meet with President Giorgi Margvelashvili and Prime Minister Giorgi Kvirikashvili, part others, and visit U.S. and Georgian troops participating in the Noble Partner exercise. As part of his diplomatic tour in Europe, Pence will as well visit Estonia and Montenegro.

  • Kremlin Aide Visits Abkhazia, Speaks Of ‘Favorable’ Political Environment

    GEORGIA, 2017/07/08 Russian President’s aide Vladislav Surkov, who oversees Georgia’s Abkhazia and South Ossetia regions, visited Sokhumi on July 3, and discussed, part other issues, Russia’s financial assistance to the region. Surkov, who is deeply implicated in all political decisions of the two regions, held meetings with Abkhaz leader Raul Khajimba, inclunding the chief of the Abkhaz government Beslan Bartsits. In the opening statement before his conference with Raul Khajimba, Vladislav Surkov pointed out that it was significant to look at “outstanding issues” of economic and political cooperation during the talks, inclunding the implementation of the treaty on “alliance and strategic partnership” signed between Sokhumi and Moscow on November 24, 2014.

  • Higher earning Why a university degree is worth more in some countries than others

    AFGHANISTAN, 2016/12/11 A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree. The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.

  • Georgia Ships High Enriched Uranium To Russia

    GEORGIA, 2016/01/03 The International Atomic Energy Agency (IAEA) has announced “an extra succcess in world nuclear non-proliferation efforts”, with the shipment of high enriched uranium (HEU) from Georgia this week. The 1.83 kg of HEU was removed from the Breeder-1 Neutron Source at Tbilisi National University in Georgia to a fasten storage facility in Russia. The Georgian government in June requested assistance from the IAEA for the HEU removal operation. The IAEA subsequently contracted LUCH, a subsidiary of Russian national nuclear corporation Rosatom, and the Tbilisi National University’s Andronikashvili Institute of Physics in Georgia for the removal.

  • Kremlin Aide Visits Sokhumi, Discusses Abkhaz Turkish Ties

    GEORGIA, 2016/01/03 Russian President’s aide Vladislav Surkov, who met leaders of breakaway Abkhazia in Sokhumi on December 29, said that he discussed, part other issues, Abkhazia’s relations with Turkey and the need to coordinate policies in this regard. The Abkhaz leadership and opposition parties condemned downing of a Russian fighter jet by Turkey near Turkey-Syria border in November. Abkhaz commentators have been expressing fears over negative consequences of Turkey-Russia tensions on Abkhazia and its economy. Trade with Turkey accounts for 18-20% of breakaway region’s foreign trade turnover; Turkey is destination of about 10% of Abkhaz exports, according to Russian and Abkhaz sources. The breakaway region imports mostly building materials, fuel, food and textile from Turkey; it exports coal, fish and scrap metal.

  • Georgia: Ivanishvili On New PM, Controversial Judge Reappointment And His Role In Next Elections

    GEORGIA, 2016/01/03 Georgia’s ex-PM Bidzina Ivanishvili said he is personally involved in compiling party-inventory of MP candidates of the Georgian Dream (GD) ruling coalition and wants to have “new faces” in next parliament to be elected in October, 2016. In an interview with “2030” program on GDS, Tbilisi-based television channel owned by his son, Bera, Ivanishvili said that he will be involved very actively in GD’s activities ahead of next year’s parliamentary elections. In the same interview He as well spoke about recent changes in the government and controversial decision of the High Council of Justice to reappoint the Girgvliani case judge. Asked if he will as well be involved in compiling GD’s party inventory of MP candidates, Ivanishvili responded: “Yes, I will. I will participate in everything of course.”

  • Georgia strengthens security after France terrorist attacks

    GEORGIA, 2015/11/19 Georgian National Security Service Chief Vakhtang Gomelauri said that dozens of people were not allowed to enter Georgia due to tightened security measures, RIA Novosti news agency reported. He made the remarks in the wake of the November 13 brutal terrorist attacks in France. A series of terrorist attacks were committed in Paris Nov.13. Unidentified people opened fire at a restaurant and three explosions occurred in the vicinity of the Stade de France. In addition, unknown people took hostages during a rock concert in the Bataclan theater.

  • Georgia sees decrease in imports

    GEORGIA, 2015/10/29 The volume of import in Georgia has decreased by 9 % over January-September 2015 compared to the same period of the completed year. The National Statistics Office of Georgia reported that the volume of the import in the country amounted to $5.66 billion. Oil and oil products, passenger cars are the major products imported in Georgia over the reported period. This inventory is replenishes with petroleum gases and gaseous hydrocarbons, grain electrical transformers and medicaments. Actual drop in price of imports was even larger – about 14 % – if excluding one-off import of donated C hepatitis medicines, which, according to the Healthcare Ministry, stood at 750 million lari (roughly $313.8 million).

  • Georgia seeks to construct power plants worth $4.153B

    GEORGIA, 2015/10/26 Plans for construction of new power plants valued at $4.153 billion are being carried out in Georgia, Georgia’s ministry of energy reported. Part these projects, 24 power plants, to cost $3.023 billion, are in the process of licensing and construction. Part the major power plants are the Khudoni hydropower plant on the Enguri river (installed capacity - 702 MW, expected annual output of 1,500 gigawatt/hours), Nenskra hydropower plant on the Nenskra river (installed capacity - 210 MW, expected annual output of 1,200 gigawatt/hours), Dariali hydropower plant on the Tergi river (installed capacity - 108 MW, expected annual output of 521 gigawatt/hours), Koromkheti hydropower plant on the Acharistskali river (installed capacity - 150 MW, expected annual output of 463 gigawatt/hours) and the Shuakhvi hydropower plant on the Acharistskali river (installed capacity - 175 MW, expected annual output of 437 gigawatt/hours). The Khudoni hydropower plant is expected to begin operating in 2022. The investment in this project is estimated at $776.702 million. As well, the Nenskra hydropower plant is scheduled for completion in 2021, with electricity generation beginning in 2019. The investment in this project is $1 billion.
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