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