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The Truth About Germany and France As with Any fi Eld of Human Ac- France Is Among the Highest in the Petitiveness Race to Germa- Only 125,000 in France

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The Truth About Germany and France As with Any fi Eld of Human Ac- France Is Among the Highest in the Petitiveness Race to Germa- Only 125,000 in France This is how much MFO Crystal money it takes for Issued GEL 10 millionaires to be mln bonds happy See on p. 14 See on p. 18 8 January, 2018 News Making Money http://www.fi nchannel.com Who Pays $1.3 Global economic Million For A Bottle Of Vodka? The Truth growth in 2018 on Nouveau Riche In Former Soviet track to be fastest Republics, That’s About Germany Who since 2011 - PwC Ron SYNOVITZ The FINANCIAL compared to their post-2000 average of around 60%. he theft from a Dan- and France Growth in the Eurozone ish bar of a bottle of As with any fi eld of hu- France’s fertility rate in sarily mean higher potential he global economy is is predicted to be above 2% vodka said to be worth man activity, economics is 2015 was 1.96 per woman, growth. set to grow by almost in 2018, as PwC expects the $1.3 million has raised not immune to myths. In higher than the 1.5 recorded 4% in 2018 in pur- peripheral economies to out- eyebrows around the Europe, many of the most for Germany. Yet, in its lat- chasing power parity pace the core for the fi fth Tworld about the lavish spend- #2 “French produc- persistent relate to Germany est economic forecast, the tivity is higher due (PPP) terms, adding consecutive year. Of the larg- ing habits of the nouveau riche and France – the two biggest European Commission puts Tan extra $5 trillion to global er Eurozone economies, the in former Soviet republics. to higher unemploy- economies of Europe – and German potential growth ment.” output at current values, ac- Netherlands is expected to Danish police say the rare their relationship. Allianz at 1.9 percent for 2017 and The average output per cording to new projections lead the way with economic -- and uninsured -- bottle of Research, in a recent report, 2018, versus 1.2 percent for worker in France is among the in PwC’s Global Economy growth at around 2.5%. By Russo-Baltique vodka was sto- busts seven of the biggest France. highest in the world and has Watch. contrast, uncertainty relating len in the early morning hours myths. More human capital ben- remained so during the recent The main engines of the to Brexit is expected to drag of January 2 from Cafe 33 in efits the potential growth of crises of 2008 and 2011. In global economy - the US, on UK growth, which is pre- Copenhagen, which had a col- The FINANCIAL an economy only if people 2016, for example, productivity emerging Asia and the Eu- dicted to be 1.4% in 2018. lection of 1,200 vodka bottles can actually work. In Ger- in France was 5 percent higher rozone - are expected to on display. many, the employment rate than in Germany. Even after contribute almost 70% of CCTV footage shows the thief #1 “France’s higher for those aged 15-64 reached adjusting for unemployment economic growth in 2018 Continued on p. 10 using a fl ashlight in the dark- birth rate leads to high- 74.7 percent in 2016. In rate, labor productivity remains ness to single out the bottle and er potential growth.” France, it stood at just 64.2 1.4 percent higher in France. snatch it from the shelves of the Population growth can percent, show Eurostat fig- collection -- the only item that benefit economic devel- ures. This shows that higher Release of Georgian was stolen from the establish- opment, but not always. birth rate does not neces- Continued on p. 17 ment: Investigators say they are Prisoner Sparks still trying to determine wheth- er the culprit broke into the vodka museum at Cafe 33 or New estimates show Protest in Sokhumi used a key to carry out the theft. U.S. Muslim population See on p. 6 Continued on p. 9 continues to grow ecent political de- ter estimates that there were And by 2050, the U.S. Mus- bates over Muslim about 3.45 million Muslims lim population is projected immigration and of all ages living in the U.S. in to reach 8.1 million, or 2.1% related issues have 2017, and that Muslims made of the nation’s total popula- prompted many up about 1.1% of the total U.S. tion — nearly twice the share Rpeople to ask how many population. of today. Muslims actually live in the Muslims in the U.S. are not The latest estimate com- United States. But coming up as numerous as the number bines information from our with an answer is not easy, in of Americans who identify as 2017 survey of U.S. Muslims part because the U.S. Census Jewish by religion, according — which reported on the Bureau does not ask ques- to our estimate. At the same prevalence of Muslims among tions about religion, meaning time, our projections suggest immigrants and other demo- there is no offi cial govern- that the U.S. Muslim popu- graphic groups — with of- ment count of the U.S. Mus- lation will grow much faster fi cial Census Bureau data on lim population. than the country’s Jewish the number of people in these Still, based on our own population. By 2040, Mus- groups. survey and demographic re- lims will replace Jews as the search, as well as outside nation’s second-largest reli- sources, Pew Research Cen- gious group after Christians. Continued on p. 17 Trump Suggests Freezing $1.9B in Aid to Pakistan Just the Start See on p. 2 CURRENCIES New Year’s Weekly Day Sets Jan 6 Dec 23 Record With Market 1 USD 2.5967 2.5342 $300 Million Watch 1 EUR 3.1285 3.0030 in Purchases By Galt & Taggart 100 RUB 4.5524 4.3486 1 TRY 0.6940 0.6632 See on p. 8 See on p. 19 © 2018 The FINANCIAL. INTELLIGENCE BUSINESS PUBLICATION WRITTEN EXPRESSLY FOR OPINION LEADERS AND TOP BUSINESS DECISION-MAKERS 2 HEADLINE NEWS & ANALYSIS fi nnancialancial nnewsews 8 JANUARY, 2018 | FINCHANNEL.COM CURRENT PRICES ON GASOLINE AND DIESEL 8 JANUARY, 2018, GEORGIA Prices in GEL Prices in GEL Prices in GEL Prices in GEL Prices in GEL G-Force Super 2.52 Eko Super 2.54 Super Ecto 100 2.55 Nano Super 2.50 Efi x Euro 98 2.56 GASOLINE PRICES PRESENTED BY G-Force Premium 2.39 Eko Premium 2.44 G-Force Euro Regular 2.33 Super Ecto 2.39 Nano Premium 2.40 Efi x Euro Premium 2.46 BUSINESSTRAVELCOM 8 January, 2018 Eko Diesel 2.42 Premium Avangard Ecto 2.29 Nano Euro Regular 2.27 Euro Regular 2.34 Euro Regular 2.27 Euro Diesel 2.37 HOTEL AND AIRTICKET BOOKING: G-Force Euro Diesel 2.39 Euro Regular 2.19 Nano Euro Diesel 2.40 Efi x Euro Diesel 2.42 Euro Regular 2.30 Euro Deasel 2.31 Nano Diesel 2.27 Euro Diesel 2.32 2 999 662 | SKY.GE ISSUE: Euro Diesel 2.31 Diesel Energy 2.30 1 (585) CNG 1.55 GNG 1.52 © 2018 INTELLIGENCE GROUP LTD COPYRIGHT AND INTELLECTUAL PROPERTY POLICY The FINANCIAL respects the intellectual property of others, and we ask our colleagues to do the same. The material Trump Suggests published in The FINANCIAL may not be reproduced without the written consent of the publisher. All material in The FINANCIAL is protected by Georgian and international laws. The views expressed in The FINANCIAL are not necessarily the views of the publisher nor does the publisher carry any responsibility for those views. Freezing $1.9B in Aid to PERMISSIONS If you are seeking permission to use The FINANCIAL trademarks, logos, service marks, trade dress, slogans, screen shots, copyrighted designs, combination of Pakistan Just the Start headline fonts, or other brand features, please contact publisher. “&” is the copyrighted symbol used by The FINANCIAL FINANCIAL (The FINANCIAL) is registered trade mark of Intelligence Group ltd in Georgia and Ukraine. Trade mark registration by Sakpatenti - Registration date: October 24, 2007; Registration N: 85764; Trade mark registratrion by Ukrainian State Register body - Registration date: November 14, 2007. ADVERTISING All Advertisements are accepted subject to the publisher’s standard conditions of insertion. Copies may be obtained from advertisement and marketing department. Please contact marketing at: marketing@fi nchannel.com see fi nancial media kit online www.fi nchannel.com Download RATE CARD DISTRIBUTION The FINANCIAL distribution network covers 80 % of key companies operating in Georgia. 90 % is distributed in Tbilisi, Batumi and Poti. Newspaper delivered free of charge to more than 600 companies and their managers. To be included in the list please contact distribution department at: temuri@fi nancial.ge CONTACT US photo by Japan Times EDITOR-IN-CHIEF ZVIAD POCHKHUA E-MAIL: editor@fi nancial.ge The FINANCIAL our requests,” the offi cial said. “It But Pakistan’s military dis- And the ministry called U.S. editor@fi nchannel.com was a matter of frustration. The missed the U.S. action as a mean- pressure “counterproductive in Phone: (+995 32) 2 252 275 kinds of information that were ingless deterrent that would serve addressing common threats.” HEAD OF MARKETING .S. President Donald coming to him were not satisfy- only to undermine security coop- LALI JAVAKHIA Trump appears to be ing.” eration and regional peace eff orts. E-MAIL: marketing@fi nancial.ge ratcheting up the pres- “There has been ample time for “Pakistan never fought for mon- Trump tweet marketing@fi nchannel.com sure on Pakistan, sug- Pakistan to show that it is taking ey but for peace,” army spokes- Phone: (+995 558) 03 03 03 gesting he would be in our requests seriously,” the offi cial man Major-General Asif Ghafoor The war of words between the CONSULTANT Ufavor of cutting all aid to Islam- added, calling the U.S.
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