Issue #1345

Page 1

Issue no: 1345

• APRIL 29 - MAY 5, 2022 • PUBLISHED WEEKLY

PRICE: GEL 2.50

In this week’s issue... World Bank: Ukraine War To Cause Biggest Price Shock in 50 Years NEWS PAGE 2

EU Cutting Back on Russian Gas and Oil amid Fears the War Will Spread NEWS PAGE 3

The Age of CounterEnlightenment POLITICS PAGE 4

ISET Business Confidence Index | The Downward Trend Continues ISET PAGE 7

Image source: gip.ge

FOCUS

ON GEORGIA'S NEUTRALITY Despite their aims to maintain amicable relations with both sides, can Tbilisi keep up relations equally with Russia and the West?

PAGE 6

CEPA's Swedish Researcher Anders Ostlund in Kyiv: Russia Is Done For, But How Many Have to Die Before They See It?

Argokhi Permaculture and Rural Development Center Opened on Earth Day SOCIETY PAGE 9

Caritas Czech Republic Supports Sustainable Waste Management Practices in Georgia SOCIETY PAGE 10

INTERVIEW BY VAZHA TAVBERIDZE

Georgia Celebrates Easter

A

CULTURE PAGE 11

t first, I didn't believe the Russians would launch this new offensive. For me, it was just truly insane. I was very sure the Ukrainians would fight like crazy, and that they would do well considering their eight years’ experience, number of veterans, etc. I just thought the Russians understood this too, and so would not attack, but of course, obviously, they didn't see it at all,” CEPA's Swedish researcher Anders Ostlund, who has been in Kyiv with his family since the start of the war, tells RFE / RL, sharing his take on what’s to come next in the war and predicting a dim future for Russia.

CULTURE PAGE 11 Prepared for Georgia Today Business by

Markets As of 25ͲAprͲ2022

BONDS

w/w

85.92 (YTM 6.85%)

Ͳ0,3%

Ͳ2,5%

Bank of Georgia (BGEO LN)

GBP 12.54

+2,0%

+6,3%

GEBGG 07/23

100.20 (YTM 5.83%)

Ͳ1,3%

+0,3%

Georgia Capital (CGEO LN)

GBP 6.10

Ͳ1,1%

+1,5%

GEOCAP 03/24

96.57 (YTM 8.14%)

+0,1%

+0,8%

TBC Bank Group (TBCG LN)

GBP 12.84

+5,2%

+23,0%

SILNET 01/27

97.67 (YTM 8.98%)

Ͳ0,1%

Ͳ0,4%

w/w

m/m

103.29 (YTM 4.13%)

Ͳ0,5%

+3,2%

GGU 07/25

101.10 (YTM 7.36%)

+0,1%

Ͳ0,1%

COMMODITIES

STOCKS

CURRENCIES

Price

w/w

m/m

m/m

GEL / USD

3,0386

Ͳ0,5%

Ͳ5,3%

GEL / EUR

3,2548

Ͳ1,1%

Ͳ7,6%

Price

w/w

m/m

GEL / GBP

3,8624

Ͳ2,8%

Ͳ8,6%

102,32

Ͳ9,6%

Ͳ15,2%

GEL / CHF

3,1679

Ͳ2,1%

Ͳ8,2%

GEL / RUB

+29,0%

1 897,83

Ͳ4,1%

Ͳ3,1%

0,0405

+7,4%

GEL / TRY

0,2056

Ͳ1,4%

INDICES

Price

w/w

m/m

GEL / AZN

1,7918

Ͳ0,5%

Ͳ5,9%

FTSE 100

7 380,54

Ͳ3,1%

Ͳ1,4%

GEL / AMD

0,0065

+0,9%

+0,3%

FTSE 250

20 599,22

Ͳ2,5%

Ͳ1,7%

GEL / UAH

0,1005

Ͳ3,1%

Ͳ8,0%

Gold Spot (US$/OZ)

Ͳ4,8%

DAX

13 924,17

Ͳ1,7%

Ͳ2,7%

EUR / USD

0,9335

+0,6%

+2,5%

DOW JONES

34 049,46

Ͳ1,1%

Ͳ2,3%

GBP / USD

0,7849

+2,1%

+3,5%

NASDAQ

13 004,85

0,9592

+1,5%

+3,1%

Ͳ2,5%

Ͳ8,2%

CHF / USD

34,93

Ͳ7,4%

Ͳ7,9%

RUB / USD

na

na

MSCI EM

1 046,04

Ͳ5,5%

Ͳ7,0%

TRY / USD

14,7777

+0,9%

Ͳ0,4%

SP 500

4 296,12

Ͳ2,2%

Ͳ5,4%

AZN / USD

1,6960

+0,0%

+0,0%

MSCI FM

2 489,07

Ͳ3,5%

Ͳ5,3%

AMD / USD

464,5800

Ͳ1,3%

Ͳ5,4%

MSCI EM EE

Mariupol. By Sergei Bobylev / TASS

Price

TBC 06/24

Crude Oil, Brent (US$/bbl)

WHAT TO EXPECT NOW? LET’S START WITH THE SIEGE OF MARIUPOL. It's been six weeks now since analysts started saying that “Mariupol will fall within the next few days.” Continued on page 5

Price

GRAIL 07/28

na


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Issue #1345 by Georgia Today - Issuu