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South
Ossetia commission convenes in the conflict zone
The second session of Tbilisi's South Ossetia status determination
commission opened to the Georgian anthem in the conflict zone
village of Tamarasheni on July 28. The chair of the commission,
Prime Minister Zurab Noghaideli, announced that the five sub-groups
of the commission-economy, finance, culture, education and justice-would
be led by their respective Georgian ministers. (more)
Opposition
politicians hopeful on election reform after meeting with US official
On his two-day working visit to Georgia last week, US Deputy Assistant
Secretary of State Matthew Bryza kept with tradition by meeting
with political opposition leaders as well as with government officials.
(more)
HSBC gets banking
license for Georgia
The National Bank of Georgia (NBG) issued HSBC, one of the world's
largest companies, a license to start banking operations in the
country. HSBC's Tbilisi branch had no trouble showing the required
startup capital of USD 10 million. The head office of HSBC Bank
Georgia is to be on Rustaveli Avenue, and is slated to start serving
its first customers in November. (more)
News
in Brief
Vilnius conference
illustrates disconnect in conflict resolution attitudes
Attention paid is not progress made, at least for the frozen conflicts
in the South Caucasus. A conference in Lithuania last week served
only to confirm the point. (more)
Bread
prices up after poor global wheat harvest
In the last week, the price of bread in the country went up 5.2
percent, according to Statistics Department data. White bread
now costs GEL 0.55-0.60 instead of GEL 0.50, with other breads
also costing more. (more)
Tourism figures
leap past last year's
Tourists are flocking to Georgia, says the Tourism Department.
The country is set to host 75 percent more visitors this year
than last, with 350 000 tourists expected to visit Adjara alone.
(more)
Economic
analyst mocks Bendukidze's 'Bendunomika'
Soso Tsiskarishvili, an economic analyst, cast doubts on claims
of economic progress in Georgia in the pages of the newspaper
24 Saati. The analyst panned State Minister for Reforms Coordination
Kakha Bendukidze's work, dubbing economic policy in Georgia 'Bendunomika'
after the influential state minister. (more)
Analysts
predict meat imports will rise, eclipse domestic production
Georgia will soon be eating mostly imported meat, writes the newspaper
Rezonansi. Quoted analysts say this is not only because of the
devastating repercussions of the recent African swine fever epidemic,
but also because top Georgian figures have a stake in the industry.
(more)
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