Issue no: 1316
• OCTOBER 1 - 7, 2021 • PUBLISHED WEEKLY
PRICE: GEL 2.50
In this week’s issue... Corona Updates: Epidemiological Situation Improved, Vaccination Rate still Low NEWS PAGE 2
First Svaneti Int’l Film Festival Announces Lineup NEWS PAGE 3
The US’s Necessary Rival: China POLITICS PAGE 5
FOCUS ON ISRAELI WEEK
Israeli Week highlights investment, education, literary and business PAGE opportunities in Georgia.
10
Concern in Georgia as Reports Spread of EU Plan to Suspend Georgia’s Visa-Free Agreement BY TEAM GT
POLITICS PAGE 6
Carrefour Named Partner and Sponsor of Season Six of MasterChef BUSINESS PAGE 8
2021 Niko Ketskhoveli School Awards Winners Announced SOCIETY PAGE 9
Rugby Union Vice President on the Present & Future of Georgian Rugby
O
n Wednesday afternoon, news spread like wildfire that the European Union is to consider abolishing the visa-free regime for Georgia on October 13. The report came from EUobserver, a non-profit, independent online newspaper established in Brussels in 2000. Their claimed goal is to “report on how decisions are made in the European Union, giving people the possibility of making their voices heard within the European institution” in a “relentless quest for transparency and accountability.” “Unlawful residency and unfounded asylum claims from some western Balkan states, plus Moldova, Georgia and Ukraine, is triggering discussions on suspending visa-free travel to the EU,” EUobserver reported this week. The agency says they became aware of this through the contents of an EU internal report dated September 27. According to EUobserver, in the document, Germany took umbrage with Georgia, Moldova, and Ukraine. It also faulted Albania and Serbia
The Underlying Dangers of Division
SPORTS PAGE 11 CULTURE PAGE 11 Prepared for Georgia Today Business by
Markets As of 27ͲSepͲ2021
w/w
m/m
GRAIL 07/28
102.53 (YTM 3.57%)
Ͳ0,4%
+0,9%
Bank of Georgia (BGEO LN)
GBP 15.58
+5,8%
Ͳ1,9%
GEBGG 07/23
BONDS
106.45 (YTM 2.37%)
Ͳ0,2%
Ͳ0,2%
Georgia Capital (CGEO LN)
GBP 6.12
+2,9%
Ͳ2,2%
TBC Bank Group (TBCG LN)
GBP 13.58
+1,6%
+0,9%
GEOCAP 03/24
102.95 (YTM 4.83%)
Ͳ0,0%
+0,2%
SILNET 04/24
108.63 (YTM 7.18%)
Ͳ0,6%
Ͳ0,7%
TBC 06/24
107.85 (YTM 2.74%)
Ͳ0,1%
Ͳ0,4%
GGU 07/25
106.75 (YTM 5.76%)
Ͳ0,1%
Ͳ0,2%
COMMODITIES Crude Oil, Brent (US$/bbl) Gold Spot (US$/OZ)
INDICES
Image source: EUNeighbours
as among the top 10 problem countries. The report notes that the number of asylum seekers from Georgia has increased by 51% in
the last three months compared to the same period in 2019. Continued on page 4
Price
STOCKS
CURRENCIES
Price
Price
w/w
w/w
m/m
m/m
GEL / USD
3,1184
+0,3%
Ͳ
GEL / EUR
3,6472
+0,1%
Ͳ0,9%
GEL / GBP
4,2777
+0,7%
Ͳ0,3%
Price
w/w
m/m
79,53
+7,6%
+9,4%
GEL / CHF
3,3720
+0,5%
Ͳ1,5%
1 750,16
Ͳ0,8%
Ͳ3,7%
GEL / RUB
0,0430
+1,7%
+1,2%
GEL / TRY
0,3533
Ͳ1,4%
Ͳ5,4%
Price
w/w
m/m
GEL / AZN
1,8357
FTSE 100
7 063,40
+2,3%
Ͳ1,2%
GEL / AMD
0,0065
+1,6%
+3,2%
FTSE 250
23 608,63
+0,9%
Ͳ1,9%
GEL / UAH
0,1171
+0,4%
+0,3%
+1,0%
+0,0%
DAX
15 573,88
+2,9%
Ͳ1,8%
EUR / USD
0,8551
+0,3%
+0,9%
DOW JONES
34 869,37
+2,6%
Ͳ1,7%
GBP / USD
0,7299
Ͳ0,3%
+0,4%
NASDAQ
14 969,97
Ͳ0,2%
+1,6%
+1,7%
Ͳ1,1%
CHF / USD
0,9258
200,13
+3,5%
+4,7%
RUB / USD
72,5554
Ͳ1,2%
Ͳ1,3%
MSCI EM
1 267,36
+0,7%
Ͳ0,4%
TRY / USD
8,8220
+1,7%
+5,6%
SP 500
4 443,11
+2,0%
Ͳ1,5%
AZN / USD
1,6989
Ͳ0,0%
Ͳ
MSCI FM
2 616,06
+0,2%
Ͳ0,6%
AMD / USD
481,6300
Ͳ1,3%
Ͳ2,4%
MSCI EM EE