News of the day


Banking Sector Sees Fewer Opportunities for Long-Term Consumer Loans Amid High Inflation

Amid high inflation and increased pressure on the banking sector, there are fewer opportunities for long-term consumer loans. According to experts, the regulator has acknowledged the possibility of reducing the refinancing rate, but is not in a hurry, despite the market's concerns about the dangers of deflationary fluctuations.




Putin was asked not to come to South Africa because of a warrant for his arrest

South Africa asked Vladimir Putin not to come to the BRICS summit, but to participate via Zoom. Sunday Times reports.


Another Georgian soldier killed in Ukraine

Another Georgian fighter died in Ukraine. The name of the deceased is Mikheil Mazanashvili, he was 29 years old, originally from the Gori municipality. In recent years, Mazanashvili lived in Ukraine, where he had a family.



Ukraine says it's wrapping up preparations for counteroffensive

Ukraine is wrapping up preparations for a counteroffensive against Russian forces and is largely ready for it to go ahead, Defence Minister Oleksii Reznikov said on Friday.


War can last for years and even decades - Zelensky

President of Ukraine Volodymyr Zelensky said that the success of the Ukrainian counter-offensive depends on the volume and timing of the supply of Western weapons. However, he warned that the war could go on for years and even decades.


Other news

Luka Maisuradze wins final of World Judo Championship

Georgian athlete Luka Maisuradze won a gold medal at the World Judo Championship, which takes place in the capital of Qatar, Doha. Maisuradze won in the weight category up to 90 kg.


Armenia and Azerbaijan accuse each other of shelling

Armenia and Azerbaijan accuse each other of opening fire. It is reported by Deutsche Welle.According to Baku, one Azerbaijani serviceman was wounded as a result of the shelling. According to Yerevan, Azerbaijani forces opened fire on the settlement in the direction of Sotq. According to the Armenian side, two soldiers were injured.


Two representatives of Georgia will meet in the final of the World Judo Championship

For the first time in history, two Georgians, Luka Maisuradze and Lasha Bekauri, reached the final of the World Judo Championship in Doha, Qatar, in the weight category up to 90 kilograms.


ICR Group Expanding its Retail Presence: Plans to Open Stores in Azerbaijan and Armenia

ICR Group, a prominent player in the retail business in Georgia, has announced its plans to extend its operations to neighboring countries, Azerbaijan and Armenia. As revealed by Kakha Khazaradze, the Chairman of the Supervisory Board of ICR Group, the expansion is expected to commence in 2024, allowing the group to introduce its brands to these new markets. This move signifies a significant investment and necessitates the establishment of appropriate infrastructure.