Issue no: 1319
• OCTOBER 22 - 28, 2021 • PUBLISHED WEEKLY
FOCUS ON IMPROVING THE ELECTION PROCESS
We speak to Giorgi Kalandarishvili, Chairman of the Central Election Commission
PAGE 7
PRICE: GEL 2.50
In this week’s issue... NY Times: Georgia Still First Worldwide in Terms of Virus Spread NEWS PAGE 2
European Commission Rep: EU Assistance Must Be Accompanied by Clear Progress NEWS PAGE 3
The Mediterranean World at the Mercy of Geography POLITICS PAGE 4
The Future of Georgian Military Lethality POLITICS PAGE 6
ISET Economist | Desertification in Kakheti – a Threat to Kakhetian Agriculture?
US Secretary of Defense: This Is an Important Region, and Its Security and Stability Are Crucial for Fully Realizing the Vision We Share of a Europe that is Whole and Free BY TEAM GT
Y
our visit is a strong message that the US supports Georgia's territorial integrity and sovereignty, Georgian Prime Minister Irakli Garibashvili said at Tuesday’s meeting with US Secretary of Defense Lloyd Austin. The Head of Government thanked the US Secretary of Defense for his visit and pointed out that it is another demonstration of the high-level relations between Georgia and the US, one that underlines the continuous interest and engagement of the United States of America in the Black Sea and South Caucasus region. The Secretary of Defense thanked the Prime Minister for the warm welcome and added that his visit to Georgia bears witness to the close partnership between the US and Georgia. "Thank you, Mister Prime Minister,” he said. “This is my first visit to Georgia, and I am very grateful for the warm welcome that I have received thus far. And it has been a really good visit. Continued on page 2
BUSINESS PAGE 9
Again with the Water: Etseri, Svaneti SOCIETY PAGE 10
The Magic of Pinocchio Brought to Life by the State Ballet CULTURE PAGE 11 CULTURE PAGE 11 Prepared for Georgia Today Business by
Markets As of 18ͲOctͲ2021
w/w
m/m
GRAIL 07/28
101.69 (YTM 3.71%)
Ͳ0,1%
Ͳ1,2%
Bank of Georgia (BGEO LN)
GBP 15.44
Ͳ2,3%
+0,3%
GEBGG 07/23
BONDS
106.30 (YTM 2.34%)
Price
+0,1%
w/w
Ͳ0,6%
m/m
Georgia Capital (CGEO LN)
STOCKS
GBP 6.28
Price
+2,4%
+4,3%
TBC Bank Group (TBCG LN)
GBP 15.28
+6,4%
+8,2%
GEOCAP 03/24
102.98 (YTM 4.78%)
+0,1%
Ͳ0,0%
SILNET 04/24
107.98 (YTM 7.38%)
Ͳ0,3%
Ͳ1,0%
TBC 06/24
107.12 (YTM 2.95%)
Ͳ0,2%
Ͳ0,8%
CURRENCIES
Price
w/w
m/m
GGU 07/25
106.49 (YTM 5.81%)
Ͳ0,1%
Ͳ0,4%
GEL / USD
3,1300
+0,4%
+0,6%
GEL / EUR
3,6343
+0,9%
Ͳ0,3%
COMMODITIES
Price
w/w
m/m
GEL / GBP
4,2974
+1,2%
+0,6%
Crude Oil, Brent (US$/bbl)
84,33
+0,8%
+11,9%
GEL / CHF
3,3900
+0,6%
+1,6%
1 764,86
+0,6%
+0,6%
GEL / RUB
0,0439
+0,9%
+3,1%
GEL / TRY
0,3352
Ͳ3,2%
Ͳ6,8%
Gold Spot (US$/OZ)
INDICES
Price
w/w
m/m
GEL / AZN
1,8414
+0,2%
+0,6%
FTSE 100
7 203,83
+0,8%
+3,4%
GEL / AMD
0,0065
+0,5%
+2,9%
0,1190
+0,5%
FTSE 250
22 968,74
+2,1%
Ͳ2,9%
GEL / UAH
+1,9%
DAX
15 474,47
+1,8%
Ͳ0,1%
EUR / USD
0,8612
Ͳ0,5%
+1,0%
DOW JONES
35 258,61
+2,2%
+1,9%
GBP / USD
0,7285
Ͳ1,0%
+0,1%
NASDAQ
15 021,81
+3,7%
Ͳ0,1%
CHF / USD
0,9239
212,68
Ͳ0,3%
+7,2%
RUB / USD
71,3010
Ͳ0,8%
Ͳ2,2%
MSCI EM
1 283,02
+1,4%
+0,3%
TRY / USD
9,3344
+3,7%
+8,0%
SP 500
4 486,46
+2,9%
+1,2%
AZN / USD
1,6998
+0,1%
+0,1%
MSCI FM
2 753,26
+3,2%
+4,1%
AMD / USD
478,2100
Ͳ0,1%
Ͳ2,2%
MSCI EM EE
Ͳ0,4%
Ͳ0,9%