Editorial

The FINANCIAL -- The second of May, 2015, may well go unnoticed by historians of the future; but I am convinced that it marks a watershed not only in Georgia’s recent evolution – but also, maybe, in the history of our ...

The FINANCIAL -- There are clear expectations in many cultures to marry somebody from theirown group, and not living up to these expectations will at least cause a loss in reputation. This is nicely ...

The FINANCIAL -- The bouts of sharp lari depreciation in the recent months caused much anxiety among the population, prompting fears of inflation, loan defaults, bank failures, and the typical ...

The FINANCIAL -- The Estonian-Georgian film, Tangerines, was nominated for the Academy Award for Best Foreign Language Film in 2014. While the film was shot in Guria, the story takes place in ...

The FINANCIAL -- Bubbles belong to the most fascinating phenomena in a market. Suddenly, people are willing to pay prices which are completely out of touch with the fundamental economic values of ...

The FIANNCIAL -- As often discussed on his page, seasonal dynamics of the Khachapuri Index are mainly driven by extremely sharp fluctuates in the supply of fresh milk, which directly affects the ...

The FINANCIAL -- In November 2014, the average cost of cooking one standard Imeretian Khachapuri varied across Georgian cities from 3.23 GEL, the minimum observed in Telavi, to 3.51 GEL, the maximum ...

The FINANCIAL -- ISET’s Khachapuri Index kept declining in April, very much in line with the multi-year seasonal trend (see chart).  The average cost of cooking one standard Imeretian Khachapuri ...

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