Archive for the 'Economy' Category

Turkish company started to build three hydroelectric power plants in Adjara

Turkish company will start to build three new hydroelectric power plants in Adjara this year. These hydro power plants are included in 15 HPP, about which Georgian government officially noted. According to Energy and Natural Resources Ministry “Adjar Energy 2007” will construct “Khelvachauri HPP 1“, “Khelvachauri HPP 2” – and “Kirnati HPP” in Adjara. Presumable [...]

Harvestehuder Weg -street of millionaires in Hamburg

From 19th century on Harvestehuder Weg in Hamburg live the richest people in the city. Cost of houses there now is to 20 million Euros. Rich people live on Harvestehuder street in Hamburg since 19th century. Now the magnificent boulevard 2.5 km in length is officially the most expensive street in Hamburg. Cost of houses [...]

Brazil’s Carnival can no longer be hold

Brazil’s Carnival is in danger of failing. The strike of local police aggravated criminal situation in country. Police begun the protest action in late January – they requested increase the salary and social benefits. The strike promoted the crime. Only killings increased on 129%. The government deployed troops in region. Many actors and dancers refused [...]

The names of several villages in Kakheti were changed

The names of several villages in Kakheti have been changed. The orders by president are published and have entered in force. According to president’s decrees village “Svobodnoe” in Lagodekhi municipality is called “Davitiani“, village “Krasnagorki” in Sagaredjo municipality – “Satafle” and village “Bogdanovka” – “Mzisguli“. Author: Tamar Tsintsqiladze

BMW “bought” a cyclone

BMW bought the name for atmospheric front that brought the Europeans cold and snowfalls. Advertising agency that works on BMW, could give the name of the atmospheric front “Cooper“, however, after meeting with the area of high pressure, a new “brainchildĀ» of BMW PR-managers hit Europe with snow and frost, which resulted death. It was [...]

France transmitted Spain an island

Pheasant Island passes under jurisdiction of Spain for the next six month. Pheasant Island – is an island in the middle of the river Bidasoa, near its confluence with the Bay of Biscay, who is co-owned by Spain and France. Administration of the Spanish town of Irun and the administration of the French town of [...]

Chips from Costa Concordia costs $9000 on eBay

The passengers of Costa Concordia are trying to get money from catastrophe exhibiting items from crashed liner Costa Concordia for sale on eBay. Betting on casino chips worth one Euro, which was filmed near the cabin key to confirm its authenticity, started with $900. User from American Brighton also offers to shoppers to buy “real” [...]

H&M opens 275 new stores

Despite the loss, the largest network of clothing trade in Europe Hennes & Mauritz plans to open 275 new stores. For the European textile giant last year was not very successful. In the last quarter of 2011 the Swedish network of clothing trade Hennes & Mauritz has suffered significant loses. Even in Austria, where H&M [...]

British government grants the yacht to Elizabeth II

The Queen of Britain will get the yacht, which price is 90 million dollars from British government. The Queen Elizabeth II is already 60 years on the throne. The government supported the idea of the gift, but they will not buy it with budget money. “The government will support the project politically not financially.” – [...]

Georgia in on 34th place in ranking of Economic Freedom Index in 179 countries

In the ranking of Economic Freedom Index the index of Georgia was deteriorated in one step in 2012. In joint ranking of American Fund Heritage Foundation and The Wall Street Journal Georgia is on 34th place. In this ranking countries are divided into 5 categories: free, mostly free, relatively free, limited free and mostly not [...]