Economy - GUARDIAN.GE http://guardian.ge/ ka Economy - GUARDIAN.GE Guardian.ge Extended Meeting of Irakli Garibashvili, Prime Minister of Georgia with Abdulla Aripov, Prime Minister of Uzbekistan http://guardian.ge/70210-extended-meeting-of-irakli-garibashvili-prime-minister-of-georgia-with-abdulla-aripov-prime-minister-of-uzbekistan.html http://guardian.ge/70210-extended-meeting-of-irakli-garibashvili-prime-minister-of-georgia-with-abdulla-aripov-prime-minister-of-uzbekistan.html

One-on-one meeting was followed with negotiations engaging delegations in an extended format. Dignitaries considered main directions of bilateral cooperation between Georgia and Uzbekistan. Close friendly relations and partnership existing between the countries was highlighted.

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http://guardian.ge/uploads/posts/2023-07/1689663661_22.jpeg Mon, 17 Jul 2023 11:00:34 -0500
US raises interest rates despite banking turmoil http://guardian.ge/69167-us-raises-interest-rates-despite-banking-turmoil.html http://guardian.ge/69167-us-raises-interest-rates-despite-banking-turmoil.html

The US central bank has raised interest rates again, despite fears that the move could add to financial turmoil after a string of bank failures.

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http://guardian.ge/uploads/posts/2023-03/1679545453_4.jpg Wed, 22 Mar 2023 23:23:19 -0500
China plans $75 billion infrastructure fund to revive economy - sources http://guardian.ge/66558-exclusive-china-plans-75-billion-infrastructure-fund-to-revive-economy-sources.html http://guardian.ge/66558-exclusive-china-plans-75-billion-infrastructure-fund-to-revive-economy-sources.html

China will set up a state infrastructure investment fund worth 500 billion yuan ($74.69 billion) to spur infrastructure spending and revive a flagging economy, two people with knowledge of the matter told Reuters on Tuesday.

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http://guardian.ge/uploads/posts/2022-07/1657002753_33.png Tue, 05 Jul 2022 01:31:59 -0500
Facebook owner Meta sees biggest ever stock market loss http://guardian.ge/64442-facebook-owner-meta-sees-biggest-ever-stock-market-loss.html http://guardian.ge/64442-facebook-owner-meta-sees-biggest-ever-stock-market-loss.html

Facebook's owner Meta Platforms saw its stock market value slump by more than $230bn (£169bn) on Thursday, in a record daily loss for a US firm.

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http://guardian.ge/uploads/posts/2022-02/1643950409_mark.jpg Thu, 03 Feb 2022 23:53:06 -0600
Donald Trump calls Bitcoin 'a scam against the dollar' http://guardian.ge/61407-donald-trump-calls-bitcoin-a-scam-against-the-dollar.html http://guardian.ge/61407-donald-trump-calls-bitcoin-a-scam-against-the-dollar.html

Former US President Donald Trump has told Fox Business that he sees Bitcoin as a "scam" affecting the value of the US dollar.

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http://guardian.ge/uploads/posts/2021-06/1623129677_donald-trump-calls-bitcoin-a-scam-against-the-dollar.jpg Tue, 08 Jun 2021 00:22:07 -0500
Stock markets slide on fears of rising inflation http://guardian.ge/60961-stock-markets-slide-on-fears-of-rising-inflation.html http://guardian.ge/60961-stock-markets-slide-on-fears-of-rising-inflation.html

Stock markets across the world have slid amid worries that US inflation is set to rise.

 

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http://guardian.ge/uploads/posts/2021-05/1620791048_market.jpg Tue, 11 May 2021 22:44:12 -0500
Brexit: London loses out as Europe's top share trading hub http://guardian.ge/59256-brexit-london-loses-out-as-europes-top-share-trading-hub.html http://guardian.ge/59256-brexit-london-loses-out-as-europes-top-share-trading-hub.html

Amsterdam ousted London as the largest financial trading centre in Europe last month as Brexit-related changes to finance rules came into force.

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http://guardian.ge/uploads/posts/2021-02/1613065497_london-loses-out-as-europes-top-share-trading-hub-1.jpg Thu, 11 Feb 2021 12:43:24 -0600
U.K. House Prices Rise in January Despite Buyers Staying Away http://guardian.ge/59229-uk-house-prices-rise-in-january-despite-buyers-staying-away.html http://guardian.ge/59229-uk-house-prices-rise-in-january-despite-buyers-staying-away.html

U.K. house prices rose last month, despite weaker activity in the property market amid a third national coronavirus lockdown.

 

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http://guardian.ge/uploads/posts/2021-02/1613010042_uk-houses-rise.jpg Wed, 10 Feb 2021 21:20:29 -0600
Elon Musk's Tesla buys $1.5bn of Bitcoin causing currency to spike http://guardian.ge/59163-elon-musks-tesla-buys-15bn-of-bitcoin-causing-currency-to-spike.html http://guardian.ge/59163-elon-musks-tesla-buys-15bn-of-bitcoin-causing-currency-to-spike.html

Elon Musk's car firm Tesla has said it bought about $1.5bn (£1.1bn) of the cryptocurrency Bitcoin in January and expects to start accepting it as payment in future.

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http://guardian.ge/uploads/posts/2021-02/1612802158_elon-musks-tesla-buys-1.5bn-of-bitcoin-causing-currency-to-spike.jpg Mon, 08 Feb 2021 11:36:48 -0600
Biden's immense economic challenge: Putting 10 million people back to work http://guardian.ge/59118-bidens-immense-economic-challenge-putting-10-million-people-back-to-work.html http://guardian.ge/59118-bidens-immense-economic-challenge-putting-10-million-people-back-to-work.html

President Joe Biden pushed for more fiscal support Friday to address one of the greatest challenges created by the COVID-19 pandemic - how to get millions of out-of-work Americans back on the job.

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http://guardian.ge/uploads/posts/2021-02/1612665173_44.png Sat, 06 Feb 2021 21:31:24 -0600
UK officially in recession for first time in 11 years http://guardian.ge/55084-uk-officially-in-recession-for-first-time-in-11-years.html http://guardian.ge/55084-uk-officially-in-recession-for-first-time-in-11-years.html

The UK economy suffered its biggest slump on record between April and June as coronavirus lockdown measures pushed the country officially into recession.

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http://guardian.ge/uploads/posts/2020-08/1597222451_uk-officially-in-recession-for-first-time-in-11-years.jpg Wed, 12 Aug 2020 03:55:01 -0500
Coronavirus bringing record $1 trillion of new global corporate debt in 2020: report http://guardian.ge/54558-coronavirus-bringing-record-1-trillion-of-new-global-corporate-debt-in-2020-report.html http://guardian.ge/54558-coronavirus-bringing-record-1-trillion-of-new-global-corporate-debt-in-2020-report.html

Companies around the world will take on as much as $1 trillion of new debt in 2020, as they try to shore up their finances against the coronavirus, a new study of 900 top firms has estimated.

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http://guardian.ge/uploads/posts/2020-07/1594619957_coronavirus-bringing-record-1-trillion-of-new-global-corporate-debt-in-2020-1.jpg Mon, 13 Jul 2020 01:00:37 -0500
One fifth of German firms fear for their survival amid pandemic: Ifo http://guardian.ge/54411-one-fifth-of-german-firms-fear-for-their-survival-amid-pandemic-ifo.html http://guardian.ge/54411-one-fifth-of-german-firms-fear-for-their-survival-amid-pandemic-ifo.html

Around one fifth of German companies (21%) believe their survival is threatened by the coronavirus crisis, Germany’s Ifo institute said on Monday, with travel agents, hotels and restaurants particularly concerned.

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http://guardian.ge/uploads/posts/2020-07/1594015142_germania.png Mon, 06 Jul 2020 00:59:12 -0500
Fears of second coronavirus outbreak hit global shares http://guardian.ge/53878-fears-of-second-coronavirus-outbreak-hit-global-shares.html http://guardian.ge/53878-fears-of-second-coronavirus-outbreak-hit-global-shares.html

Global stock markets have fallen amid fears that an uptick in coronavirus cases could cause more economic damage.

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http://guardian.ge/uploads/posts/2020-06/1591935077_fears-of-second-coronavirus-outbreak-hit-global-shares.jpg Thu, 11 Jun 2020 23:11:23 -0500
Pandemic pushes US into recession http://guardian.ge/53785-pandemic-pushes-us-into-recession.html http://guardian.ge/53785-pandemic-pushes-us-into-recession.html

The economic downturn in the US triggered by the pandemic has been officially declared a recession.

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http://guardian.ge/uploads/posts/2020-06/1591677071_recesia.png Mon, 08 Jun 2020 23:31:15 -0500
Coronavirus: US unemployment claims hit 33.3 million amid virus http://guardian.ge/53022-coronavirus-us-unemployment-claims-hit-333-million-amid-virus.html http://guardian.ge/53022-coronavirus-us-unemployment-claims-hit-333-million-amid-virus.html

A further 3.2 million Americans sought unemployment benefits last week as the economic toll from the coronavirus pandemic continued to mount.

 

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http://guardian.ge/uploads/posts/2020-05/1588870974_us.jpg Thu, 07 May 2020 12:02:26 -0500
US airline drops 'distancing' seat charge after criticism http://guardian.ge/53019-us-airline-drops-distancing-seat-charge-after-criticism.html http://guardian.ge/53019-us-airline-drops-distancing-seat-charge-after-criticism.html

Frontier Airlines has said it will end a plan to charge passengers $39 (£31) per flight to ensure an empty middle seat during the Covid-19 crisis, following sharp criticism from Democratic lawmakers.

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http://guardian.ge/uploads/posts/2020-05/1588864664_plane.jpg Thu, 07 May 2020 10:16:56 -0500
U.S. private payrolls dive by a record 20.2 million http://guardian.ge/52994-us-private-payrolls-dive-by-a-record-202-million.html http://guardian.ge/52994-us-private-payrolls-dive-by-a-record-202-million.html

U.S. private employers laid off a record 20.236 million workers in April as mandatory business closures in response to the novel coronavirus outbreak savaged the economy, setting up the overall labor market for historic job losses las

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http://guardian.ge/uploads/posts/2020-05/1588785748_u.s.-private-payrolls-dive-by-a-record-20.2-million.jpg Wed, 06 May 2020 12:22:17 -0500
Barclays boss: Big offices 'may be a thing of the past' http://guardian.ge/52824-barclays-boss-big-offices-may-be-a-thing-of-the-past.html http://guardian.ge/52824-barclays-boss-big-offices-may-be-a-thing-of-the-past.html

Having thousands of bank workers in big, expensive city offices "may be a thing of the past", Barclays boss Jes Staley has said.

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http://guardian.ge/uploads/posts/2020-04/1588179026_barklis.jpg Wed, 29 Apr 2020 11:50:36 -0500
US oil prices drop to record low as demand dries up http://guardian.ge/52580-us-oil-prices-drop-to-record-low-as-demand-dries-up.html http://guardian.ge/52580-us-oil-prices-drop-to-record-low-as-demand-dries-up.html

The price of US oil has fallen to record lows, as demand dries up and storage runs out.

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http://guardian.ge/uploads/posts/2020-04/1587408709_oil.jpg Mon, 20 Apr 2020 13:50:58 -0500