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European Union cancels 121 million euros in funding for Georgia

European Union cancels 121 million euros in funding for Georgia

The European Union has decided to cancel €121 million in funds intended to support Georgia's economic development and its aspirations for EU membership. The decision was confirmed by the EU delegation in Georgia, which said that the growing repression of dissent was the reason for the withdrawal of financial assistance.

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Sheikh Tamim goes on a shopping spree in Turkey, acquiring 10% of the Turkish Stock Exchange, and other assets

Sheikh Tamim goes on a shopping spree in Turkey, acquiring 10% of the Turkish Stock Exchange, and other assets

Memorandums of Understanding about the transfer of shares were signed on Thursday (26 November) during the visit of the Emir of Qatar, Sheikh Tamim bin Hamad al Thani to Ankara to participate in the 6th meeting of the Qatar-Turkey High Strategic Council
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Saudi Arabia clamps down on corruption

Saudi Arabia clamps down on corruption

Saudi Arabia is continuing its clampdown on corruption within its bureaucracy, particularly in the defence sector, launching more than 150 new criminal cases after investigations by its Control and Anti-Corruption Authority (Nazaha).
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Russia Calling!

Russia Calling!

President Putin has inaugurated the 7th Annual Investment Forum of VTB Capital "Russia Calling!" It is being held in Moscow on October 13-14. It was first held in 2009.