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The FINANCIAL -- Giorgi Margvelashvili, President of Georgia has opened the Third Congress of the Association of Constitutional Justice of the Countries of the Baltic and Black Sea Regions (BBCJ) and addressed the audience. The Constitutional Court of Georgia hosts the Congress in Tbilisi, as a chairman country of BBCJ.
The FINANCIAL -- WASHINGTON, D.C.. President Donald Trump's unprecedented use of the social media platform Twitter as one of his primary means of presidential communication appears to be effective from a big-picture perspective. Over three-quarters of Americans say they see, read or hear about Trump's tweets a lot or a fair amount.
The FINANCIAL -- WASHINGTON, D.C.. Thirty-seven percent of Americans are satisfied with the way things are going in the country today, up from 29% in April. Gallup has not measured a higher level of satisfaction since a 39% reading in late September 2005, although 37% were also satisfied right before the November 2016 election, and 36% were satisfied in February 2018 after the State of the Union address.
The FINANCIAL -- The EBRD is providing a €4.5 million loan to Biomashinostroene, a leading Bulgarian manufacturer and exporter of steel equipment for the food-processing, pharmaceutical and chemical industries. The company will invest the funds to expand its operations.
The FINANCIAL -- The EBRD is providing €50 million to Bulgaria’s ProCredit Bank to expand access to finance for small and medium-sized enterprises (SMEs).
The FINANCIAL -- President Trump’s approval rating remains steady among all Americans (45%) and registered voters (46%) this week.
The FINANCIAL -- Canceling a nuclear agreement between world powers and Iran would be wrong, German Chancellor Angela Merkel has said, adding that the U.S. withdrawal from the deal was among several pieces of "troubling news" that had occurred recently.
The FINANCIAL -- Euro area annual inflation rate was 1.2% in April 2018, down from 1.3% in March.
The FINANCIAL -- In 2017, 31 400 asylum seekers applying for international protection in the Member States of the European Union (EU) were considered to be unaccompanied minors.
The FINANCIAL -- While most companies recognize the value of a digitally enabled supply chain – empowered by new technologies like artificial intelligence, blockchain, big data and analytics – many chief supply chain officers (CSCOs) are not leveraging their C-suite counterparts to help reinvent the supply chain function and transform it into an engine of new growth models and customer experiences, according to new research from Accenture.
The FINANCIAL -- The EBRD has invested US$ 82 million in a minority stake in Şok Marketler, a fast-growing Turkish discount grocer. The move supports one of the largest initial public offerings (IPO) on Borsa İstanbul, Turkey’s sole stock exchange.
The FINANCIAL -- Passengers on SAS short and medium haul routes will now have access to a stable, fast and strong WiFi signal, enabling them to stream and work inflight problem-free.
The FINANCIAL -- Delta Air Lines, Air France-KLM and Virgin Atlantic Limited have on May 15 signed definitive agreements paving the way forward for their expanded trans-Atlantic joint venture:
The FINANCIAL -- InterContinental Hotels & Resorts has brought modern luxury to Bulgaria with the opening of InterContinental Sofia, an IHG hotel, in the culture-filled capital city.
The FINANCIAL -- Equinor ASA the new name of Statoil ASA, was approved by the annual general meeting 15 May 2018, and the new name has now been registered in the Norwegian register of business enterprises (Foretaksregisteret).
The FINANCIAL -- SKODA can look back on another record month: For the first time in its history, the Czech car manufacturer delivered more than 100,000 vehicles to customers in an April.
The FINANCIAL -- In April 2018, the volume of money transfers from abroad constituted 123.9 million USD (300.5 million GEL), which is 17.1 percent (18.1 million USD) more than the amount in April 2017.
The FINANCIAL -- NIB and Norway’s Brage Finans AS have signed a NOK 175 million (EUR 18 million) loan agreement for financing equipment leasing for small and medium-sized enterprises.
The FINANCIAL -- On 1 January 2018, the new accounting standard for financial instruments (IFRS 9) took effect. In addition to the adoption of IFRS 9, RBI has also changed the presentation of its balance sheet, which is now aligned with the financial reporting standards (FINREP) issued by the European Banking Authority (EBA). With the adoption of the standards, it was also necessary to adjust the comparable period and reporting date.
The FINANCIAL -- Through the partnership, Credit Suisse and Credit Suisse Asset Management will have the unique opportunity to present eligible Credit Suisse clients and institutional investors outside the United States and Canada exclusive access to USD 250 million of investments into the aMoon II venture capital fund.