Economic Press Monitor
October 26, 2020
IN THIS ISSUE:
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| 1. |
SITUATION IS GRAVEST: BUSINESS COULD HAVE TO ANNOUNCE INTERNAL LOCKDOWN
Economic & Politics
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The article states that if scales of COVID-19 spread increase, it is expected that relatively competitive companies will survive, but will be forced to cut staff. Some time ago, representatives of Georgian Business Association requested delay for 6 months of credits’ payments and prolongation of tax benefits, the newspaper reports.
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WHO WILL CLOSE SEASON OF BANK-HUNT
Finances & Banking
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The newspaper recalls robbery of Georgian banks’ branches in 2015-2019. The article notes that there is no official statistics, showing how many times robbers attacked banks’ branches during any specific period, as these data are collected in general crime statistics.
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| 3. |
TOP-3 OF PRODUCTS, WHICH WE BUY AND SELL IN THE US
International Cooperation
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In January-August, Georgia’s export to the US made up $40.16 million, while import from this country – $345.46 million, the newspaper reports. Referring to Sakstat, the article specifies that largest article of Georgia’s import from the US for this period were poultry meat and by-products – $4.11 million.
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