Possibility of new graphic health warnings on NZ cigarette packs

Wednesday, May 10, 2006

New Zealand Associate Minister of Health Damien O’Connor has proposed that warnings, both images and text, should cover 60% of the packaging of cigarettes sold in the country. New Zealand is required to do so under obligations to the World Health Organisation.

The new images would depict throat cancer, rotting teeth/gums and gangrenous feet. Ashley Bloomfield, Chief Advisor on Public Health, says written warnings aren’t as effective as pictures, and that many smokers do not know most of the diseases that smoking can cause.

If the proposal were adopted, the Ministry would dictate the size and placement of the images to the tobacco companies, but would not subsidise the cost of the changes.

Tuesday, February 12, 2008

The 2008 Taipei International Book Exhibition (TIBE 2008), organized by the Taipei Book Fair Foundation (TBFF), will start tomorrow and end next Monday (Feb. 18) at the Taipei World Trade Center in Hall 1 & 3 and in the Taipei Show (TWTC Hall 2). Before the opening of the main show, the TIBE changed significantly.

Since the Preview Exhibition was held in 1992 in Jhonghe City, Taipei County with the “History of books in China” theme, the preview exhibition wasn’t eventually held before the main show every year.

This pre-main-show exhibition style was replaced by a consuming battle between bookstores from actual to virtual (via Internet) and reading festivals from municipal libraries in Taiwan that the Ministry of Education of the Republic of China promoted. But in 2008, after the TBFF was regrouped last year, the preview exhibition finally returned on Feb 2 & 3 with the “Book Market” and “Arts and Crafts” in the Huashan Culture Park, Taipei. With the preview exhibition, the reading population is expected to expand rapidly and widely in Taiwan.

To gather on different cultures, the TBFF not only arranged a variety of seminars from book-cover designing, changes of publishing industry, publishing style, and strategies from global publishing industry, but also invited executives from the publishing industry worldwide such as Michel Le Bris, Gilles Lapouge, Shaun Tan, Markus Zusak, Tony Wheeler, and Maruen Wheeler and executives from the Frankfurt Book Fair.

Apart from seminars and executives, the Stiftung Buchkunst (Book Art Foundation) will showcase several awarded books from “Giant of Japanese Design” and some book design awards in the “Most Beautiful Book Designing” pavilion. Two book design awards by TBEE named the “2008 TIBE Prize” and “2008 Golden Butterfly Award” will be successively announced on Feb 13 & 14.

Not only on book-designing and pavilions, even though Australia was named as the main international pavilion, the TBFF chose the opening movie “What My Eyes Have Seen” from France and a closing movie named “The Edge of Heaven“ from Germany, those selected movies including the opening and closing ones will be screened at the movie pavilion. The Travel Literature Pavilion will show a different style varied from the 2007 Taipei International Travel Fair, not only just about traveling but also mixed with cultures and literature.

Tuesday, April 26, 2005

As the last forces in the final Syrian pullout from Lebanon left, Bekaa Valley residents danced, waved flags, raised banners and cried tears of brotherhood in celebration. Tuesday afternoon’s Masnaa border crossing marked the exit from Lebanon of the last Syrian Army remnants, leaving 29 years of occupation behind.

A morning military gathering at Bekaa’s air base in Riyaq bid farewell to remaining troops and intelligence officers. Attended by military attachés and dignitaries from several countries, including the United States, France and North Korea, medals were exchanged and both Lebanonese and Syrian military bands played anthems.In the largely symbolic ceremony, commander of the Lebanese Army Gen. Michel Suleiman said, “Brothers in arms, thank you for your sacrifices. Together we shall always remain brothers in arms in the face of the Israeli enemy.”

The Lebanese government led by Bashar al-Assad needs to make quick political reforms to ensure the survival of his regime. The once-dominant pro-Syrian intelligence and security services are disappearing as the new government holds them accountable for past actions. The leadership vacuum must be filled.

Yesterday, the powerful head of the General Security service Jamil Sayyed, announced his resignation due to “changing political developments”. Raymond Azar, the chief of Lebanese military intelligence, reportedly fled with his family to France.

A former CIA operative in Lebanon and the Middle East, Bob Baer said, “They [the Syrians] are going to lose day-to-day control over Lebanon, once they don’t have the T-72 tanks and the military there to back up the intelligence units.” according to UPI.

Friday, March 3, 2006

The possibility of large-scale protests in the face of the 3,000 journalists covering the Melbourne 2006 Commonwealth Games, has event organisers and the Government worried.

The group “Black GST” – which represents Indigenous Genocide, Sovereignty and Treaty – are planning demonstrations at prominent Games events unless the Government agrees to a range of demands including an end to Aboriginal genocide, Aboriginal Sovereignty and the signing of a treaty.

The Black GST say they hope the focus of the world’s media will draw attention to the plight of indigenous Australians during the Games. Organisers say supporters are converging from across Australia and from overseas. Organisers say up to 20,000 people may take part in talks, rallies, colourful protests and many cultural festivities designed to pressure the Federal Government on Indigeneous rights issues. They want the Government to provide a temporary campsite for the supporters, saying “organised chaos was better than disorganised chaos.”

The 2006 Stolenwealth Games convergence, described by organisers as the “cultural festival of the 2006 Commonwealth Games,” was virtually opened on March 2nd with the launch of the official “Stolenwealth Games” website. Scoop Independent News and Perth Indymedia reported that the launch was held at Federation Square in Melbourne. The site contents were projected via wireless laptop by the Stolenwealth Games General Manager, and a tour of the website was given on the big screen. He said “overwhelming amusement was the response from the audience.” The group say permanent access points to the website are being set up at public internet facilities across Victoria during the coming weeks.

“Interest in the Stolenwealth Games is building all over the world and this fresh, exciting and contemporary site will draw in people from Stolenwealth Nations around the globe to find out about the latest news and events,” said a Stolenwealth Games spokesperson. “We have been getting many requests from around the world wanting to know about the Stolenwealth Games. We have provided many ways that individuals and organisations can support the campaign by spreading the word.”

The Victorian Traditional Owner Land Justice Group (VTOLJG) which represents the first nation groups of Victoria, has announced its support to boycott the 2006 Commonwealth Games until the Government “recognises Traditional Owner rights.” The group asserts that culture has been misappropriated in preparation for the Games.

Organisers of the campaign say they welcome the formal support from the Traditional Owners. “While some seek to divide and discredit Indigenous Australia, this support is further evidence that the Aboriginal people are united in opposition to the ongoing criminal genocide that is being perpetrated against the Aboriginal people” said Black GST supporter and Aboriginal Elder, Robbie Thorpe.

“We now have endorsement from the VTOLJG and the Aboriginal Tent Embassy for the aims and objectives of the Campaign and we are looking forward to hosting all indigenous and non-indigenous supporters from across Australia in March,” he said. The Black GST group have said “the convergence will be held as a peaceful, family-focussed demonstration against genocide, and for the restoration of sovereignty and the negotiations towards a Treaty.”

But the campaign has received flak in mainstream media, such as Melbourne’s Herald Sun, who wrote: “the proposal to allow BlackGST to set up an Aboriginal tent embassy at a site well away from the Commonwealth Games will be interpreted by some as the State Government caving in to a radical protest group. A major concern for the Government… is to protect the event from disruption… no chances should be taken…”

The Black GST has been planning the convergence for months, calling for Aboriginal people and their supporters to converge on Melbourne. The Melbourne-based Indigenous rights group have called on thousands of people concerned about the plight of indigenous Australians to converge on Melbourne during the Games, which they have dubbed “the Stolenwealth Games”. But the choice of Kings Domain has made conflict almost inevitable, as the area is one of the areas gazetted by the State Government as a “Games management zone”.

Under the Commonwealth Games Arrangements Act, any area gazetted as a management zone is subject to a range of specific laws – including bans on protesting, creating a disturbance and other activities. The protest bans will be in effect at different times and places, and offenders can be arrested. A spokeswoman for the Black GST, which advocates peaceful protest, said the site had been chosen because it was close to where the Queen will stay on March 15. “We figured that she is only in Melbourne for 27 hours or something like that so we thought we would make it easy for her to come next door and see us,” she said. “We are a very open, welcoming group, so she will be welcome to come and join us.”

Kings Domain is the burial site for 38 indigenous forefathers of Victoria. Black GST elder, Targan, said trade union groups have offered to install infrastructure at the site. The group initially worked with the State Government to find a suitable camp site, but the relationship broke down when the Government failed to meet a deadline imposed by the protesters. “While we are disappointed the ministers were not able to meet deadline on our request, we thank them for their constructive approach towards negotiations and the open-door policy exercised,” said Targan.

A spokesman for Games Minister Justin Madden said the Government was still investigating other sites. Victoria Police Games security commander Brendan Bannan said he was not convinced the Black GST represented the views of most indigenous people. “We are dealing with the Aboriginal community and they don’t seem to support it at all … the wider Aboriginal community don’t support disruption to the Games at all,” he said.

The Government was told that Black GST supporters would camp in Fitzroy Gardens and other city parks should it fail to nominate a site. A spokesman for Aboriginal Affairs Minister Gavan Jennings said the Government was taking the issue seriously, but had not been able to finalise a campsite before the deadline.

Under special Games laws, people protesting or causing a disturbance in “Games management zones” can be arrested and fined. While prominent public spaces such as Federation Square, Birrarung Marr, Albert Park and the Alexandra Gardens fall under the legislation, such tough anti-protest laws cannot be enforced in the nearby Fitzroy Gardens.

Games chairman Ron Walker has urged the group to choose another date for its protest march through the city, which is currently planned to coincide with the opening ceremony on March 15. The group believes that an opportunity to gain attention for indigenous issues was lost at the Sydney Olympics and has vowed to make a highly visible presence at the Games.

The Black GST said the Australian Aboriginal Tent Embassy’s sacred flame, burning over many years at the Canberra site will be carried to Melbourne before the Games, and its arrival would mark the opening of the protest camp from where a march will proceed to the MCG before the Opening Ceremony.

Black GST claims supporters from all over Australia, including three busloads from the West Australian Land Council, will gather in Melbourne during the Games for peaceful protests.

Aboriginal Affairs Minister Gavin Jennings had offered Victoria Park to the protesters. Victoria Park, former home of Collingwood Football Club, where one of the strongest statements of Aboriginal pride, when St Kilda star Nicky Winmar in 1993 raised his jumper and pointed to his bare chest after racial taunts from the Collingwood crowd.

Black GST, which has labelled the Games the Stolenwealth Games, said the State Government had failed to find a suitable venue. Black GST may encourage protesters to camp in prominent parks such as Fitzroy Gardens and Treasury Gardens. Graffiti supporting the action has also appeared in central Melbourne.

Melbourne City councillor Fraser Brindley has offered his home to the Black GST organisers. “I offered my home up to people who are organising visitors to come to the Games,” he said. Cr Brindley will be overseas when the Commonwealth Games are held and has offered the free accommodation at his flat at Parkville. He said he agreed with the protesters’ view that treaties needed to be signed with indigenous Australians. “I’m offering it up to the indigenous people who are coming to remind Her Majesty that her Empire took this land from them,” said Cr Brindlley. Nationals leader Peter Ryan said: “This extremist group has no part in the Australian community.” Melbourne councillor Peter Clarke said the actions were embarrassing and that he would try to discourage him. “It’s not in the spirit of the Games,” he said.

Aboriginal elder, Targan, said the possibility of securing Victoria Park was delightfully ironic. “There’s a lot of irony going on,” Targan, 53, a PhD student at Melbourne University, said. “GST stands for Genocide, Sovereignty and Treaty. We want the genocide of our people to stop; we want some sovereignty over traditional land, certainly how it is used, and we want a treaty with the government,” Targan said.

Friday, May 26, 2006

In February of 2006, the Savarino Services Construction Corp. proposed the construction of a seven million dollar hotel on Elmwood and Forest Avenues in Buffalo, New York. In order for the hotel to be built, at least five properties containing businesses and residents would have to be destroyed. It was not certain whether the properties were owned by Savarino or by the landlord Hans Mobius. The hotel was designed by Karl Frizlen of the Frizlen Group, and is planned to be a franchise of the Wyndham Hotels group.

Elmwood Avenue is known by the community as a popular shopping center, and Nancy Pollina of Don Apparel (who is “utterly against” the construction) claims it’s the only reason why students from Buffalo State College leave campus. Additionally, Michael Faust of Mondo Video said he did not want to “get kicked out of here [his video store property].”

In 1995, a Walgreens was proposed to be built on the same land, but Walgreens later withdrew its request for a variance because of pressure from the community. More recently, Pano Georgiadis tried to get the rights to demolish the Atwater House next to his restaurant on Elmwood Avenue, but was denied a permit due to the property’s historical value. He has since been an opponent to the hotel construction.

In the process of debating the hotel, it was thought that a hotel had previously existed on the proposed site, however; research done at the Buffalo and Erie County Historical Society had shown that no hotel had previously existed on the site.

Saturday, December 8, 2007

U.S. Congressional Democrats are asking the Justice Department to investigate whether the CIA’s destruction of videotapes documenting the interrogation of terrorism suspects amounts to obstruction of justice.

The acknowledgement by Central Intelligence Agency Director Michael Hayden that his agency destroyed the interrogation videotapes in 2005 sparked a firestorm of criticism among Congressional Democrats. They suggested the tapes could have provided key evidence in ongoing trials brought by terrorism suspects who are alleging they were tortured.

Senator Ted Kennedy, a Massachusetts Democrat, said, “What would cause the CIA to take this action? The answer is obvious – cover up. The agency was desperate to cover up damning evidence of their practices.”

Human Rights Watch’s Senior Counterterrorism Counsel commented to Google news saying, “The CIA was well aware that its interrogations crossed a line considered by many to be torture. Now some in the CIA may also be guilty of obstruction of justice as well – a serious felony that carries a possible 20 year sentence. There needs to be a serious criminal investigation, and those who have committed crimes should be prosecuted and convicted.”

The Democratic chairmen of the House and Senate Intelligence Committees are vowing to investigate, and other Democrats are calling on the Justice Department to do the same.

“You cannot destroy material if there is an ongoing investigation. There is a law against it,” said Senator Carl Levin of Michigan, the chairman of the Senate Armed Services Committee.

At the White House, spokeswoman Dana Perino said President Bush only learned of the matter two days ago, after he was briefed by CIA Director Hayden.

“He has no recollection of being made aware of the tapes or their destruction before yesterday,” said Perino.

Perino defended the CIA interrogation program as legal and critical to national security. She said President Bush supports General Hayden’s explanation that the tapes were destroyed to protect the identities of the interrogators.

But the Senate’s number two Democrat, Senator Dick Durbin of Illinois, rejected that argument:

“The defence of the CIA is that they wanted to protect the identity of those CIA employees who were engaged in the interrogation,” said Durbin. “Mr. [Senate] President, that is not a credible defence. We know that it is possible, in fact, easy, to cover the identity and faces of those who were involved in any videotape. Something more was involved here.”

The tapes, which documented the use of tough interrogation techniques against key terror suspects in 2002, were destroyed three years later, at a time when there was increasing pressure from defence lawyers to obtain videotapes of detainee interrogations and as Congress had been probing allegations of torture.

The Bush administration has maintained it does not use torture, but refuses to say what techniques are used by intelligence agencies in interrogations of terror suspects.

Tuesday, July 29, 2008

As gas prices have risen in the United States, the regional transport authority for southeastern Pennsylvania, SEPTA, has seen a sharp increase in ridership, which has caused overcrowding on the trains.

“As fuel prices have continued to rise, SEPTA ridership has steadily increased and is the highest in 18 years,” said SEPTA General Manager Joseph Casey. Monthly ridership was 22 percent higher last month than a year ago.

“They have crushed loads on their rail lines, already where people are standing, and there’s not enough seats,” said Rich Bickel, the director of the Delaware Valley Regional Planning Commission.

“At peak times some railcars are standing room only and commuter parking lots are nearly full. All Regional Rail lines are running near full capacity and the train station parking lots are at about 90 percent capacity or more,” SEPTA spokesperson Felipe Suarez said.

While SEPTA awaits new Silverliner V trains from Hyundai Rotem, which begin arriving in 2009, it had hoped to lease eight rail cars from New Jersey Transit, at an agreed-upon rate of US$10,000 per month. However, due to problems with insurance and liability indemnification, the deal fell through, according to Casey.

SEPTA has entered a new agreement to purchase the eight rail cars from NJ Transit. The transit authority will pay US$670,000 for the cars and assorted supplies plus one additional inoperative car which will be used for spare parts. The rail cars will be operated using a SEPTA provided locomotive as they are not self-propelled.

The cars are being disposed of by NJ Transit because it has switched from single-floor cars to double-decker cars.

SEPTA is expecting to raise US$3.1 million by selling rail that has been out of service since 1981 at auction.

A compilation of brief news reports for Thursday, April 19, 2007.

Wikinews reported previously on an Internet outage in New Zealand that lasted for over five hours. Telecom New Zealand, the company that owns and operates the “local loop”, said that they will review compensation for its customers on a case-by-case basis.

A wholesale ISP is attempting to give its subscribers compensation for the outage. CallPlus says that it is asking Telecom for the thousands of dollars it needs to pass on to its affected customers. They doubt Telecom will give them the money needed.

Related news

• “Outage leaves tens of thousands of New Zealanders without Internet” — Wikinews, April 18, 2007

Sources

• Newsroom. “Callplus seeks Telecom compo” — National Business Review, April 19, 2007
• “CallPlus to seek compo over broadband outage” — Radio New Zealand, April 19, 2007

Farmers in Peru striking over the Peruvian government’s stance on coca, have issued an ultimatum. The ultimatum appears to be: negotiate within 24 hours, or face roadblocks indefinitely.

The protests come in response to a coca eradication drive and measures Peruvian president Alan García is taking against cocaine production in the country.

Peruvian police have arrested the leader of the Shining Path rebel group, Jimmy Rodríguez on charges of organising anti-government protests.

Sources

• Dan Collyns. “Peru coca farmers warn government” — BBC News Online, April 19, 2007
• Xinhua. “Peru police arrest Shining Path leader linked to coca protest” — People’s Daily Online, April 19. 2007

Meetings are underway at NATO headquarters in an attempt to reassure Russia that the missile defence plans pose no threat. The United States maintains the system is to protect against missiles from rogue states, whereas Russia sees the system as compromising its strategic interests in the region.

In today’s talks NATO allies encouraged the United States to make the planned anti-missile shield capable of covering all of Europe. They did this without committing themselves to joining the project.

Reaction to the proposed system in European states has been mixed.

• “US set for Russia missile talks” — BBC News, April 19 2007
• Mark John. “NATO allies urge U.S. to open missile shield plan” — Reuters, April 19 2007

Irrigation water to a substantial proportion of Australia’s farming regions could be cut due to drought conditions, Australian PM John Howard has warned.

Mr Howard’s comments concerned the Murray-Darling Basin, one of the largest systems in Australia. “If it doesn’t rain in sufficient volume over the next six to eight weeks, there will be no water allocations for irrigation purposes in the basin”, adding that the drought conditions could continue until May 2008.

He continued “It is a grim situation, and there is no point in pretending to Australia otherwise,” he said. “We must all hope and pray there is rain.”

Sources

• “Australians warned of water cuts” — BBC News Online, April 19 2007
• Rob Taylor. “Drought-hit Australia to stop irrigating food bowl” — Reuters, April 19 2007

Russia, in coordination with the government of the United States and Canada, is planning to build a tunnel from Russia to Alaska, Viktor Razbegin, deputy head of industrial research at the Russian Economy Ministry, told reporters in Moscow Wednesday.

The tunnel is budgeted to cost US$65 billion and would take 10 to 15 years to build. The tunnel is to provide train and automobile transport between Alaska and the Russian Far East, and to carry petroleum and natural gas pipelines, and high-voltage electrical cable.

The proposed tunnel is 64 miles long, or about 100 kilometers, in total, and is designed to link with two islands in the Bering Strait. The project is expected to have a very positive economic effect in the area.

Derek Brower, an energy market expert, called the project “absurd” and suggested the Russian government is playing political games to threaten its European customers to sign energy deals.

“I’ve never heard of this plan,” said Sergei Grigoryev, Vice President of oil pipeline monopoly Transneft.

“To be honest, anyone who look[s] at the map will realize that the project is too hard to implement,” an anonymous government source told Reuters.

Sources

• Miro Cernetig and Peter O’Neil. “Russia proposes Bering Sea tunnel, railway to B.C.” — Vancouver Sun, April 19, 2007
• Dmitry Zhdannikov. “Russia-Alaska tunnel is far off, if not a pipe dream” — Reuters, April 18, 2007
• Yuriy Humber and Bradley Cook. “Russia Plans World’s Longest Tunnel, a Link to Alaska (Update4)” — Bloomberg News, April 18, 2007

Saturday, January 17, 2009

The US Secret Service has released the first photos Wednesday of the new presidential limousine that will transport Barack Obama down Pennsylvania Avenue next Tuesday as part of the 56th Presidential inaugural parade after he is sworn in at the Capitol. The First Limo – the 2009 Cadillac Presidential Limousine – will replace President Bush’s Cadillac DTS Presidential Limousine that rolled out in 2004.

Nicknamed “The Beast”, the hulking machine is a new model year 2009, modified limousine. According to General Motors, the new “2009 Cadillac Presidential Limousine” is the first not to carry a specific model name. The Obama Mobile was introduced on January 14 with noticeably different styling borrowed from the Cadillac Escalade and STS, while the suspension is most likely related to the Chevrolet Kodiak medium-duty truck.

Mr. David Caldwell of General Motors has revealed that the sleek black car would include a hand-crafted interior and “state of the art electronics.” The car’s high-tech security features include five-inch-thick (12.7-centimeter-thick) bombproof glass, tough-as-nails tires, and a sealed interior that’s invulnerable to chemical attack. The armoured limousine has been heavily modified to withstand potential attacks by weapons or bombs. The San Francisco Chronicle puts it in a proper perspective noting, “a half-inch of transparent armor is enough to stop a .44 Magnum round at point-blank range; at a thickness of 1 1/4 to 1 1/2 inches, the same material can withstand higher-velocity bullets fired from military assault rifles.”

According to spy photographer, Brenda Priddy, and General Motors, the limousine, which has the intricate, dual-textured grille, is also equipped with standard Goodyear Regional RHS truck tires in a 285/70R19.5 size, on 19.5-inch wheels. The rims have a run-flat device (manufactured by Hutchinson Industries). Xenon headlights from the Escalade are installed in the front, while the rear has some STS part. The doors are at least 20 centimeters (8 inches) thick. It carries the US flag on the front fenders and an embroidered Seal of the President of the United States is affixed to several panels in the back.

According to the US Secret Service, the vehicle would be a “valuable asset” in providing the President with the highest level of protection. “Although many of the vehicle’s security enhancements cannot be discussed, it is safe to say that this car’s security and coded communications systems make it the most technologically advanced protection vehicle in the world,” Nicholas Trotta, Assistant Director for the Office of Protective Operations said in a statement. The new limousine is the responsibility of White House Transportation Agency.

The Presidential State Car is the official state car used by the President of the United States. It is informally known as “Cadillac One”. The current Presidential State Car is a 2005 hand-crafted, armored, and stretched DTS (DeVille Touring Sedan) built on a GM four-wheel drive platform. It was first used on the second inauguration parade of George W. Bush in 2005. But the version to be used by President Obama uses a GMC Topkick chassis, while maintaining the Cadillac exterior.

The President of the United States travels in one of two armoured Cadillac limousines based upon the normal sedan, the Cadillac DTS, with heavy customisation. Lincoln cars have also been used in the past, most notably by President John F Kennedy. The current limousines were custom-built by O’Gara, Hess and Eisenhart, founded in Fairfield, Ohio in 1942. It specializes in armouring limousines for presidents and heads of state.

President William McKinley was the first US president to ride in an automobile. However, it was President Theodore Roosevelt who rode on the first government-owned car, a white Stanley Steamer. Roosevelt’s successor, William Howard Taft, was the first president to use a presidential state car that was permanently stored in the White House garage.

Meanwhile, Obama’s 2005 Chrysler 300C Hemi was auctioned on eBay with a starting bid of $100,000 and a buy-it-now price of $1,000,000. It has less than 21,000 miles on it and is in like-new condition. He leased the car in 2004 and traded it for a Ford Escape Hybrid in 2007. The car was sold to Tim O’Boyle.

Tuesday, September 16, 2008

The International Monetary Fund and the European Union approved aid packages to help Georgia recover from its conflict with Russia, which occurred in early August. The IMF approved a US$750 million loan which will allow Georgia to rebuild its currency reserves. The European Union also approved an aid package of €500 million in aid by 2010, which is expected to help internally displaced people (IDPs) and economic recovery in the form of new infrastructure. Only €100 million of the EU aid will be given to Georgia this year.

These loans are aimed to restore confidence in Georgia’s economy and send a signal to international investors that Georgia’s economy is sound. According to the IMF, international investors have been “critical to Georgia’s economic growth in recent years.”

Takatoshi Kato, Deputy Managing Director and Acting Chairman of the IMF executive committee, said the loan will “make significant resources available to replenish international reserves and bolster investor confidence, with the aim of sustaining private capital inflows that have been critical to Georgia’s economic growth in recent years.”

Georgia has requested $2 billion in international aid to help it recover from the conflict. So far, the United States has pledged $1 billion in aid. Further assistance and loans to Georgia are expected from other organizations. Kato noted that “…Georgia is expected to receive financial assistance from multilateral and bilateral donors and creditors in support of the reconstruction effort.” It is expected that an international donors’ conference will take place next month to solicit more aid for the country.

Georgia’s government expects that economic growth will be more than cut in half as a result of the conflict. Last year, Georgia’s GDP increased 12.4% and it is predicted by the IMF that growth will be less than 4 percent in the coming year.