Issue #908 Business

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Issue no: 908/59

• DECEMBER 27 - 29, 2016

• PUBLISHED TWICE WEEKLY

PRICE: GEL 2.50

In this week’s issue... Georgian Leaders Congratulate Local Jews on Hanukkah NEWS PAGE 5

Kleptocrats Attack Ukraine’s Reform-Minded Central Banker PAGE 6

Georgian Foreign Ministry Hosts Meeting on US-Georgia Strategic Partnership

FOCUS ON SKI RESORTS

An unprecedented example of Public-Private-Partnership is witnessed in the opening of the new Mitarbi Ski Resort

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Georgia, US Sign Agreements to Boost Economic Development

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Welcome to Georgia Wine Campaign Kicks Off for the Holiday Season

BY THEA MORRISON

T

he United States Agency for International Development (USAID) is to allocate USD 22 million for Georgia’s economic development. Georgia’s Finance Minister, Dimitry Kumsishvili, and Director of USAID’s Caucasus Mission, Douglas Ball, signed three agreements to that effect on Thursday. Changes were made to previously signed agreements increasing the amount of a pre-existing grant to the current USD 22 million figure. The Finance Ministry reports that the agreements cover a number of high-priority areas, including inclusive and sustainable economic growth, democratic controls and accountable

Christmas Concert Culminates another Year of Successful Growth at Conflict Divide

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governance, and a “stable, integrated and healthy” society. The activities planned within the agreements will be aimed at introducing business standards and increasing competitiveness in various sec-

tors, as well as more effectively managing natural resources and creating market-oriented jobs. Increasing the societal integration of persons with disabilities and of IDPs has also been fingered as a focus.

Bryza: Russia Will Use the Definition of Terrorism to Advance its Own Political Interests POLITICS PAGE 11 Prepared for Georgia Today Business by

Markets As of 23ͲDecͲ2016

STOCKS Bank of Georgia (BGEO LN) GHG (GHG LN) TBC Bank Group (TBCG LN)

COMMODITIES Crude Oil, Brent (US$/bbl) Gold Spot (US$/OZ)

INDICES

Price

w/w

m/m

BONDS

Price

w/w

GBP 29.59

Ͳ5,6%

Ͳ4,2%

GEOROG 04/21

104.44 (YTM 5.58%)

+0,4%

+0,4%

GBP 3.55

Ͳ5,0%

Ͳ1,5%

GEORG 04/21

109.65 (YTM 4.38%)

+0,5%

+1,3%

GBP 14.69

Ͳ4,9%

+11,9%

GRAIL 07/22

106.88 (YTM 6.26%)

Ͳ0,1%

Ͳ0,9%

BGEOLN 07/23

100.19 (YTM 5.96%)

Ͳ0,1%

+0,3%

Price

w/w

m/m

55,16

Ͳ0,1%

+12,7%

1 133,30

Ͳ0,1%

Ͳ4,6%

CURRENCIES

Price

m/m

w/w

m/m

GEL / USD

2,7450

+1,1%

+10,9%

GEL / EUR

2,8580

+1,2%

+9,4%

Price

w/w

m/m

GEL / GBP

3,3599

Ͳ0,5%

FTSE 100

7 068,17

+0,8%

+3,7%

GEL / CHF

2,6739

+1,5%

+9,8%

FTSE 250

17 909,59

+0,7%

+1,6%

GEL / RUB

0,0447

+1,8%

+16,4%

DAX

11 449,93

+0,4%

+7,4%

GEL / TRY

0,7795

+0,1%

+6,9%

DOW JONES

19 933,81

+0,5%

+4,5%

GEL / AZN

1,5198

Ͳ0,5%

+7,7%

5 462,69

+0,5%

+1,5%

GEL / AMD

0,0057

+1,8%

+9,6%

Ͳ1,1%

NASDAQ MSCI EM EE

+8,4%

GEL / UAH

0,1042

+1,3%

+7,9%

841,60

Ͳ1,7%

Ͳ1,7%

EUR / USD

0,9564

Ͳ0,0%

+0,9%

SP 500

2 263,79

+0,3%

+2,7%

GBP / USD

0,8139

+1,6%

+1,3%

MICEX

+0,0%

+1,0%

MSCI EM

142,37

+9,0%

2 173,18

Ͳ2,6%

+4,2%

CHF / USD

1,0265

MSCI FM

2 360,51

Ͳ1,1%

Ͳ0,2%

RUB / USD

61,3855

Ͳ1,1%

Ͳ4,5%

GT Index (GEL)

1 176,94

Ͳ

+29,5%

TRY / USD

3,5173

+0,3%

+3,6%

GT Index (USD)

838,85

Ͳ3,7%

+16,8%

AZN / USD

1,8262

+2,3%

+2,9%


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