Georgia- Page 451

The FINANCIAL -- Express delivery services were not restricted in Georgia, despite the war condition. Leading international express delivery companies: Maerks, TNT, DHL were working under emergency situation conditions. Companies believe the situation will soon be stabilised in Georgia.

The FINANCIAL --  Since the war started in Georgia, the country’s economy has had a number of losses in various fields. Georgian railway, Transport, Tourism, Poti Sea Port became “the victims” of Russian aggression.

The FINANCIAL -- ProCredit Bank, Georgia claims they’re confident in the future strength of the local banking sector and is operating in the usual mode. The bank is taking subsequent care of its employees in the regions and is about to launch

The FINANCIAL -- The last days of the new Russian-Georgian war have been devastating for Georgia. It was a big strike for the auto business in Georgia, previously in the lead in the Caucasus region. The sales of the cars decreased catastrophically

The FINANCIAL -- Despite the Russian economic ban on Georgia over the last two years and an obvious out-loud declaration of a non-hidden cold war against the small neighbour announced by the mighty Soviet rooted empire, the Georgian Government remains loyal to

The FINANCIAL -- Wissol Petroleum Georgia and Lukoil Georgia, two leading rival oil importers believe that the war will end soon and it will not affect their oil reserves, vitally important for the tiny country of Georgia.

The FINANCIAL -- According to Civil Georgia, a fuel train, belonging to Azpetrol, exploded on rail tracks close to the village of Skra, west of the town of Gori, on August  25.

The FINANCIAL -- Georgia and Russia exchanged accusations on August 18 over a failure to arrange swap of military prisoners.

The FINANCIAL -- According to Civil Georgia, Anatoly Nogovitsin, deputy chief of the general staff of the Russian armed forces, said at a news conference in Moscow at 3pm local time that Russia had started pulling back its troops from Georgia.

The FINANCIAL -- David Miliband, the British foreign secretary, plans to visit Georgia this week, the Guardian reported on August 18.