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Car-Free Day in Tbilisi Lesson for China by SAMANTHA GUTHRIE

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Car-Free Day in Tbilisi Lesson for China by SAMANTHA GUTHRIE Issue no: 1086/148 • SEPTEMBER 25 - 27, 2018 • PUBLISHED TWICE WEEKLY PRICE: GEL 2.50 In this week’s issue... FOCUS ON THE SWEET STUFF London's best loved baker opens a branch in Tbilisi. Welcome Lily Vanilli! PAGE 11 Georgian Parliament to Move from Kutaisi to Tbilisi NEWS PAGE 2 World Chess Olympiad Opens in Batumi BUSINESS PAGE 3 Georgia's Growth Projections Strong, but Turkish Lira Crisis May Dampen Buoyant Forecasts ISET PAGE 4 The Rise of the US is a Car-Free Day in Tbilisi Lesson for China BY SAMANTHA GUTHRIE eptember 22 is World Car Free Day, where people who usually drive are encouraged to give up their cars for a day. The day was established by the British organization Environmental Transport Association in the mid-1990s, and the offi cial date BUSINESS PAGE 7 was set in 2000 as an initiative of the European Commission. SThis year, Tbilisi Mayor Kakha Kaladze participated in the day’s fes- Bakhtadze Meets with tivities, including a community bike marathon. At the event, Kaladze spoke to participants, discussing the importance of living a healthy life- Image source: Tbilisi City Hall Amazon Web Service style and noting that City Hall is working to implement policies that popular with us, but today's action is an important step in that direction. increase and protect Tbilisi’s green space, expand and improve public So many young people came out today, and we were riding bicycles Management in DC transportation options, and encourage fewer people to drive private cars. together...When [City Hall develops] infrastructure projects, we look for “Many people move around Tbilisi by car. A healthy lifestyle is not very places to include bicycle infrastructure. The Kostava-Shartava streets BUSINESS PAGE 8 project is a clear example of this. A bike lane is completed, which will be connected to Pekini Avenue, creating one unifi ed route,” said Kaladze. The Mayor also expressed hope that environmentalism and awareness Prepared for Georgia Today Business by of environmental issues will continue to grow in Tbilisi, and that more Markets Asof21ͲSepͲ2018 people will join Car Free Day next year. STOCKS Price w/w m/m BONDS Price w/w m/m He said, “We will do our best to walk more, and have more people on BankofGeorgia(BGEOLN) GBP18.79 +5,9% +10,4% GEOROG04/21 103.23(YTM5.39%) Ͳ0,1% +1,9% GeorgiaCapital(CGEOLN) GBP11.09 +8,7% +6,7% GEORG04/21 105.15(YTM4.71%) Ͳ0,3% Ͳ0,5% foot and on public transport, and we will have more green spaces in the GHG(GHGLN) GBP2.15 Ͳ8,7% Ͳ17,3% GRAIL07/22 106.10(YTM5.93%) +0,1% +1,2% city. We must slowly draw attention to the ‘killing’ cars that are outdated TBCBankGroup(TBCGLN) GBP16.42 +3,0% Ͳ0,5% GEBGG07/23 98.07(YTM6.47%) Ͳ0,2% Ͳ0,8% and damage the city environmentally, along with the health of each of us COMMODITIES Price w/w m/m CURRENCIES Price w/w m/m CrudeOil,Brent(US$/bbl) 78,80 +0,9% +8,5% GEL/USD 2,6175 +0,5% +1,5% and our children.” GoldSpot(US$/OZ) 1200,04 +0,4% +0,3% GEL/EUR 3,0735 +1,5% +2,9% The national organization Alliance for Safe Roads observed the day, GEL/GBP 3,4238 +0,6% +2,9% INDICES Price w/w m/m GEL/CHF 2,7302 +1,6% +4,3% along with the United Nations in Georgia – partners in establishing the FTSE100 7490,23 +2,5% Ͳ1,0% GEL/RUB 0,0394 +2,9% +2,9% “Clean Air” campaign, which works to bring awareness to the health FTSE250 20590,36 +1,1% Ͳ0,3% GEL/TRY 0,4161 Ͳ1,4% Ͳ2,0% DAX 12430,88 +2,5% +0,4% GEL/AZN 1,5432 +0,5% +1,1% effects of breathing polluted air. DOWJONES 26743,50 +2,3% +3,6% GEL/AMD 0,0054 Ͳ +1,9% NASDAQ 7986,96 Ͳ0,3% +1,6% GEL/UAH 0,0933 +0,8% +0,1% “The main message is that [we need] fewer cars in the city and more MSCIEMEE 159,13 +3,6% +4,8% EUR/USD 0,8511 Ͳ1,1% Ͳ1,5% people using public transport and bikes and walking often,” said Eka MSCIEM 1051,43 +2,2% +0,7% GBP/USD 0,7645 Ͳ0,1% Ͳ1,4% SP500 2929,67 +0,8% +2,3% CHF/USD 0,9587 Ͳ1,0% Ͳ2,7% Laliashvili, Chairman of the Board of the Alliance for Safe Roads. MSCIFM 2616,93 +1,9% Ͳ1,1% RUB/USD 66,4552 Ͳ2,5% Ͳ1,0% GTIndex(GEL) 1582,68 ͲͲTRY/USD 6,2907 +2,0% +3,5% Continued on page 3 GTIndex(USD) 1208,13 ͲͲAZN/USD 1,6992 Ͳ0,1% +0,5% GEORGIA TODAY 2 NEWS SEPTEMBER 25 - 27, 2018 Georgia Improves Position in Crime & Safety Index Georgian Parliament to Move from Kutaisi to Tbilisi The data reads that the crime index of impossible to work in two buildings, in sion to relocate Parliament to Tbilisi. BY THEA MORRISON BY THEA MORRISON the country is 20.35, and safety index – two cities. This damages the performance She slams the ruling team for making 79.65 points. of the Parliament. Secondly, this is related amendments to the regulations and notes In addition, Tbilisi also improved its to high costs. Thirdly, it is very diffi cult that the existence of Parliament in Kutaisi esearch portal Numbeo, the index and moved from 19th to 16th rom 2019, parliament sessions to strengthen the Parliament and its is one of the main sources of income for world’s largest database of place this year. The crime index in are to take place in the old supervisory function when the govern- the local population. user-contributed data about Tbilisi is 19.81 and the safety index is parliament building in Tbilisi ment and the legislative body are in dif- "This means that Kutaisi will not be a cities and countries world- 80.19 points. instead of the western Georgia ferent cities,” Chugoshvili explained. parliamentary capital, so the Members wide, reports that Georgia “Numbeo provides current and timely city of Kutaisi. Tamar Chu- The Vice-Speaker added the building of Parliament, hundreds of employees Rimproved its position in the crime and information on world living conditions Fgoshvili, First Vice-Speaker of Parlia- of parliament in Kutaisi might be handed of the parliamentary staff will not come safety ranking in 2018. including cost of living, housing indica- ment, says it is more convenient if law- over to the Ministry of Internal Affairs. to Kutaisi, which means that locals will In the ranking, Georgia took 5th place tors, health care, traffi c, security, crime makers are again working in the capital. Khatuna Gogorishvili, member of the not have additional jobs and income and among 125 countries, reports the Minis- and pollution,” the information released “We had several arguments in making parliamentary minority European Geor- it will not help the urban development try of Internal Affairs (MIA) of Georgia. by the MIA reads. this decision. One is that it is almost gia, criticizes the legislative body’s deci- [there],” the MP stressed. GEORGIA TODAY SEPTEMBER 25 - 27, 2018 BUSINESS 3 World Chess Olympiad Opens in Batumi well as within the country,” said Rizhvadze, wish- ing success to the Olympiad participants. The Chess Olympiad is open to all National Fed- erations affi liated to FIDE, who can nominate one team for the open section and one for the women's section. Each team must consist of four players, one reserve and one captain. The captain may be, but is not limited to being, one of the players or the reserve. Additionally, each delegation can nominate one head of delegation and one delegate for the FIDE congress. In parallel with the teams of different countries, the Organizing Committee of the 2018 Chess Olym- piad invited the most motivated, erudite and enthu- siastic young people (18-30) to volunteer and work in the framework of the event. The Olympiad venue, Sport Palace, situated in the center of Batumi, was opened this year and the Olympiad is the fi rst event to be held there. Image source: 1TV Part of the Olympiad started on September 24 a high-level event. BY THEA MORRISON and representatives of 190 countries will fi ght for “Chess has always been very popular in our coun- championship in Batumi until October 6. try. We are proud of legendary champions Nona Aside from the Olympiad, FIDE and Continental Gaprindashvili and Maia Chiburdanidze, who won eorgia’s Black Sea coastal city Batumi presidential elections, the FIDE 89th Congress and the World Championship title fi ve times each, and is hosting the 43th World Chess Olym- other important chess events will take place in Nana Alexandria who is twice World Champion, piad, organized by the World Chess Batumi. having won six Chess Olympiads,” Margvelashvili Federation (FIDE). Chess players, captains, arbiters, accompanying stated. The opening ceremony took place persons, congress delegates and foreign journalists He expressed hope that, as always, Georgian chess Gon September 23 at the Black Sea Arena in Shek- have already arrived in Batumi for the Olympiad. players will succeed in the 43th Olympiad. vetili and was attended by famous Georgian sports- While delivering a speech at the opening, Presi- The Head of the AR Adjara government, Tornike men, honorary foreign guests and the President of dent Margvelashvili stated it is an honor for Geor- Rizhvadze, informed the guests that Batumi has Georgia, Giorgi Margvelashvili. gia and Batumi to host such an important sporting been named the Sport City of Europe.
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