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Saturday, November 21, 2009
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Press Statement from the American Chamber of Commerce in Georgia May 12, 2009

12/05/2009 14:41 (192 Day 22:55 minutes ago)

(via finchannel.com) -- The American Chamber of Commerce in Georgia supports dialogue between the Government of Georgia and opposition political parties as the most appropriate process for the resolution of the current political impasse.

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We therefore applaud both sides for agreeing to meet and we encourage them to persevere in their dialogue until they have agreed on solutions.


In a democracy based on law, political change can only be achieved, just as political power can only be maintained, through the use of legal and democratic means.


Residents of Tbilisi and visitors to the city have been inconvenienced by the blocking of major traffic arteries since April 9, and businesses are suffering from both the direct effects of these blockades and from the picture of political uncertainty and instability that they present to partners, customers and investors.


We encourage both sides to demonstrate their respect for the Georgian people, and their concern for the viability of the country's economy and institutions, by immediately allowing the life and commerce of the capital to resume unhindered, and to cooperate with each other towards agreement on long term political solutions that will stabilize the situation and benefit the country as a whole.

 

 

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Politics
Biden Calls for Fulfilling Promises of Rose Revolution

20/11/2009 12:35 (1 Day 01:01 minutes ago)

The FINANCIAL -- According to Civil Georgia, U.S. Vice President Joe Biden called President Saakashvili on November 18 to discuss democratic reform in Georgia and to reiterate the United States’ strong support for Georgia’s sovereignty and territorial integrity, the White House reported.

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Markets
NASDAQ OMX Launches New Fixed Income Index

21/11/2009 10:40 (02:56 minutes ago)

The FINANCIAL -- NASDAQ OMX Stockholm announces that it has launched a new fixed income index named OMRX All Index, which will act as a benchmark for the Swedish bond and money markets.

Jobs
ILO Governing Body calls for comprehensive crisis response

21/11/2009 11:32 (02:04 minutes ago)

The FINANCIAL -- The Governing Body of the International Labour Office called for an “employment oriented” response to the global economic crisis based on policy measures set out in the ILO’s Global Jobs Pact.

INSURANCE
ING restructuring plan approved by European Commission

19/11/2009 12:39 (2 Day 00:57 minutes ago)

The FINANCIAL -- ING announced on November 18 that the European Commission has formally approved the restructuring plan submitted by ING .

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