Issue no: 1379
• DECEMBER 23 - 29, 2022 • PUBLISHED WEEKLY
PRICE: GEL 2.50
In this week’s issue... Zelensky to US Congress: Against All Odds, Ukraine Didn’t Fall NEWS PAGE 2
China, and the Russia-West Rivalry POLITICS PAGE 4
Crisis Economy: Trends, Features And Possible Development. Part 1 BUSINESS PAGE 6
Terabank Issued $6.5 Million in Perpetual AT1 Bonds
FOCUS
ON THE KAKHETI STEPPES Ensuring a Harmonized Human–Nature Relationship on Kakheti Steppes: Balancing between a Living Landscape or a Future Desert
UNWTO Names Mestia among Best Tourism Villages
U
nited Nations World Tourism Organization names Mestia among the Best Tourism Villages of 2022. “Mestia, with its fascinating nature and rich history has remarkable monuments of Georgian architecture and ethnography including churches, monasteries, traditional towers, and local buildings. The village has a diverse landscape, rich in forest areas and alpine zones and is famous for attracting world-renowned sports championships. A hiking and trekking paradise over the snowy mountains in Mestia offers skiing and snowboarding for eight months of the year,” the WTO said. The Best Tourism Villages aims to recognize a village which is an outstanding example of a rural tourism destination with recognized cultural and natural assets, that preserves and promotes community-based values, products and lifestyle and has a clear commitment to sustainability in all its aspects – economic, social and environmental, with the fundamental aim of making tourism one of the drivers of positive transformation, rural development and community well-being.
PAGE 9
BUSINESS PAGE 8
Ukrainian Children from Olympic School of WarAffected City of Mykolaiv Visit Tbilisi SOCIETY PAGE 10
Hoda Ceramics - Journey of an Architect Becoming a Ceramist CULTURE PAGE 11 Prepared for Georgia Today Business by
Markets As of 19ͲDecͲ2022
Price
w/w
m/m
GRAIL 07/28
88.11 (YTM 6.62%)
+0,1%
+10,2%
Bank of Georgia (BGEO LN)
GBP 24.75
Ͳ5,0%
Ͳ2,4%
GEBGG 07/23
BONDS
100.68 (YTM 4.83%)
+0,2%
+0,1%
Georgia Capital (CGEO LN)
GBP 7.44
Ͳ1,3%
Ͳ0,1%
GEOCAP 03/24
95.59 (YTM 10.05%)
+0,8%
+1,4%
TBC Bank Group (TBCG LN)
GBP 21.50
Ͳ2,1%
Ͳ1,4%
SILNET 01/27
94.62 (YTM 10.00%)
+0,2%
+1,8%
98.35 (YTM 6.93%)
Ͳ0,0%
+0,2%
TBC 06/24
COMMODITIES Crude Oil, Brent (US$/bbl) Gold Spot (US$/OZ)
w/w
CURRENCIES
Price
Price
w/w
w/w
m/m
m/m
GEL / USD
2,6593
Ͳ0,5%
Ͳ2,0%
GEL / EUR
2,8204
+0,1%
+0,6%
m/m
GEL / GBP
3,2298
Ͳ1,6%
79,80
+2,3%
Ͳ8,9%
GEL / CHF
2,8660
+0,3%
+0,8%
1 787,62
+0,3%
+2,1%
GEL / RUB
0,0389
Ͳ8,5%
Ͳ13,2%
GEL / TRY
0,1425
Ͳ0,6%
Ͳ2,3%
+0,1%
INDICES
Price
w/w
m/m
GEL / AZN
1,5676
Ͳ0,5%
FTSE 100
7 361,31
Ͳ1,1%
Ͳ0,3%
GEL / AMD
0,0068
Ͳ0,3%
Ͳ1,9%
FTSE 250
18 648,96
Ͳ0,9%
Ͳ3,3%
GEL / UAH
0,0720
Ͳ0,6%
Ͳ2,0%
Ͳ2,5%
Ͳ3,4%
Ͳ2,1%
DAX
13 942,87
0,9428
Ͳ0,7%
DOW JONES
32 757,54
Ͳ3,7%
Ͳ2,9%
GBP / USD
0,8231
+1,0%
Ͳ2,1%
NASDAQ
10 546,03
Ͳ5,4%
Ͳ5,4%
CHF / USD
0,9286
Ͳ0,8%
Ͳ2,7%
+8,7%
+12,6%
EUR / USD
Ͳ2,7%
30,67
+1,5%
+3,0%
RUB / USD
68,3125
957,64
Ͳ0,6%
+1,6%
TRY / USD
18,6516
+0,0%
+0,2%
SP 500
3 817,66
Ͳ4,3%
Ͳ3,7%
AZN / USD
1,6970
+0,0%
+0,0%
MSCI FM
2 098,99
Ͳ1,8%
+2,1%
AMD / USD
394,1300
Ͳ0,2%
Ͳ0,3%
MSCI EM EE MSCI EM
Mestia, Svaneti. Photo by Tony Hanmer.
Price
STOCKS