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Russian Threats in Georgian Economy

Several days ago, government offices published statistical indicators, that, at a glance, seem encouraging. Namely, despite negative forecasts and swine flu, in January 2019, the tourist inflow to Georgia rose by 18% year on year. Moreover, it is reported that agriculture product exports have grown, and  exports totaled 935 million …

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Russia Considers to Cut-Off Internet

Russia is considering whether to disconnect from the global internet briefly, as part of a test of its cyber-defences. The test will mean data passing between Russian citizens and organisations stays inside the nation rather than being routed internationally. A draft law mandating technical changes needed to operate independently was …

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Russia Ordered to Pay 10 Million Euros to Georgians It Harassed

Russia has been ordered to pay at least 1,500 citizens of neighboring Georgia 10 million euros ($11.5 million) for subjecting them to a coordinated policy of arrest, detention and expulsion in a case that goes back more than a decade. The European Court of Human Rights ruled that Russia put …

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Russia Offers Discount for Cargo Transportation via Georgia

It is known that Russia has always been against the development of the Georgian transit corridor, as considers it a rival. It concerns energy carriers transportation via pipelines as well as by railway and sea.  However, it seems that Moscow has changed its position, and possible profit prevailed over ideology. …

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Russia-Ukraine Conflict will Essentially Shake Georgian Economy

Russia-Ukraine conflict will essentially hit economy of Georgia, Kakha Gogolashvili, director for Georgian Foundation for Strategic and International Studies, noted. This will happen if the escalation reaches the phase when, Georgia will have to join the sanctions against Russia. Georgia depends on Russian market. Consequently, in case of sanctions, naturally, …

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Russia Reported as Georgia’s Major Fuel Supplier

According to Association of Oil Product Importers, in October 2018, imports of aviation fuel made up 8.3 thousand tons, down 2 000 tons compared to September 2018 (10.3 thousand tons). The country imported 83.6 thousand tons in January-October 2018, up 5.5 thousand tons year on year (78.1 thousand tons). Due …

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Germany will Build Energy Terminal to Reduce Dependence on Russia

‘We cannot suspend cooperation with Russia in the field of oil and gas”, Chancellor of Germany Angela Merkel noted at her meeting with Georgian Students at Tbilisi State University. Today, Russia supplies cheaper natural gas compared to other countries, Merkel said. “We keep economic relations with Russia for tens of …

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Reuters Says After Trump Attack on Russia ties, Merkel Eyes Azeri Gas

“Castigated by U.S. President Donald Trump as relying too much on Russian gas supplies, German Chancellor Angela Merkel heads to Azerbaijan this week to discuss the development of a southern pipeline to deliver gas to Europe from the Caspian,” Reuters reports. The visit underscores Merkel’s openness to finding alternative sources …

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