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

]]> http://guardian.ge/uploads/posts/2023-07/1689663661_22.jpeg Mon, 17 Jul 2023 11:00:34 +0400 US raises interest rates despite banking turmoil https://guardian.ge/69167-us-raises-interest-rates-despite-banking-turmoil.html https://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.

]]> http://guardian.ge/uploads/posts/2023-03/1679545453_4.jpg Wed, 22 Mar 2023 23:23:19 +0400 China plans $75 billion infrastructure fund to revive economy - sources https://guardian.ge/66558-exclusive-china-plans-75-billion-infrastructure-fund-to-revive-economy-sources.html https://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.

]]> http://guardian.ge/uploads/posts/2022-07/1657002753_33.png Tue, 05 Jul 2022 01:31:59 +0400 Facebook owner Meta sees biggest ever stock market loss https://guardian.ge/64442-facebook-owner-meta-sees-biggest-ever-stock-market-loss.html https://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.

]]> http://guardian.ge/uploads/posts/2022-02/1643950409_mark.jpg Thu, 03 Feb 2022 23:53:06 +0400 Donald Trump calls Bitcoin 'a scam against the dollar' https://guardian.ge/61407-donald-trump-calls-bitcoin-a-scam-against-the-dollar.html https://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.

]]> 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 +0400 Stock markets slide on fears of rising inflation https://guardian.ge/60961-stock-markets-slide-on-fears-of-rising-inflation.html https://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.

 

]]> http://guardian.ge/uploads/posts/2021-05/1620791048_market.jpg Tue, 11 May 2021 22:44:12 +0400 Brexit: London loses out as Europe's top share trading hub https://guardian.ge/59256-brexit-london-loses-out-as-europes-top-share-trading-hub.html https://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.

]]> 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 +0400 U.K. House Prices Rise in January Despite Buyers Staying Away https://guardian.ge/59229-uk-house-prices-rise-in-january-despite-buyers-staying-away.html https://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.

 

]]> http://guardian.ge/uploads/posts/2021-02/1613010042_uk-houses-rise.jpg Wed, 10 Feb 2021 21:20:29 +0400 Elon Musk's Tesla buys $1.5bn of Bitcoin causing currency to spike https://guardian.ge/59163-elon-musks-tesla-buys-15bn-of-bitcoin-causing-currency-to-spike.html https://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.

]]> 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 +0400 Biden's immense economic challenge: Putting 10 million people back to work https://guardian.ge/59118-bidens-immense-economic-challenge-putting-10-million-people-back-to-work.html https://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.

]]> http://guardian.ge/uploads/posts/2021-02/1612665173_44.png Sat, 06 Feb 2021 21:31:24 +0400 UK officially in recession for first time in 11 years https://guardian.ge/55084-uk-officially-in-recession-for-first-time-in-11-years.html https://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.

]]> 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 +0400 Coronavirus bringing record $1 trillion of new global corporate debt in 2020: report https://guardian.ge/54558-coronavirus-bringing-record-1-trillion-of-new-global-corporate-debt-in-2020-report.html https://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.

]]> 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 +0400 One fifth of German firms fear for their survival amid pandemic: Ifo https://guardian.ge/54411-one-fifth-of-german-firms-fear-for-their-survival-amid-pandemic-ifo.html https://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.

]]> http://guardian.ge/uploads/posts/2020-07/1594015142_germania.png Mon, 06 Jul 2020 00:59:12 +0400 Fears of second coronavirus outbreak hit global shares https://guardian.ge/53878-fears-of-second-coronavirus-outbreak-hit-global-shares.html https://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.

]]> http://guardian.ge/uploads/posts/2020-06/1591935077_fears-of-second-coronavirus-outbreak-hit-global-shares.jpg Thu, 11 Jun 2020 23:11:23 +0400 Pandemic pushes US into recession https://guardian.ge/53785-pandemic-pushes-us-into-recession.html https://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.

]]> http://guardian.ge/uploads/posts/2020-06/1591677071_recesia.png Mon, 08 Jun 2020 23:31:15 +0400 Coronavirus: US unemployment claims hit 33.3 million amid virus https://guardian.ge/53022-coronavirus-us-unemployment-claims-hit-333-million-amid-virus.html https://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.

 

]]> http://guardian.ge/uploads/posts/2020-05/1588870974_us.jpg Thu, 07 May 2020 12:02:26 +0400 US airline drops 'distancing' seat charge after criticism https://guardian.ge/53019-us-airline-drops-distancing-seat-charge-after-criticism.html https://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.

]]> http://guardian.ge/uploads/posts/2020-05/1588864664_plane.jpg Thu, 07 May 2020 10:16:56 +0400 U.S. private payrolls dive by a record 20.2 million https://guardian.ge/52994-us-private-payrolls-dive-by-a-record-202-million.html https://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

]]> 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 +0400 Barclays boss: Big offices 'may be a thing of the past' https://guardian.ge/52824-barclays-boss-big-offices-may-be-a-thing-of-the-past.html https://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.

]]> http://guardian.ge/uploads/posts/2020-04/1588179026_barklis.jpg Wed, 29 Apr 2020 11:50:36 +0400 US oil prices drop to record low as demand dries up https://guardian.ge/52580-us-oil-prices-drop-to-record-low-as-demand-dries-up.html https://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.

]]> http://guardian.ge/uploads/posts/2020-04/1587408709_oil.jpg Mon, 20 Apr 2020 13:50:58 +0400