Editorial

The FINANCIAL -- Currently, farming in Georgia is a “by default activity” – the vast majority of Georgian “farmers” are not really farmers in a professional sense but rather people who try to survive by growing agricultural products. When traveling through Georgia’s countryside, one sees immediately that it is mainly the older generation which has to resort to this default activity. ...

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 -- 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 FINANCIAL -- The post-communist world lost one of its greatest sons last week – a freedom fighter who devoted his life to the daunting task of cleansing Eastern Europe and Eurasia from the ...

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 ...