Issue #1244

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Issue no: 1244

• MAY 1 - 7, 2020 • PUBLISHED TWICE WEEKLY

PRICE: GEL 2.50

In this week’s issue...

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Weekly Entrepreneurial News @entrepreneur.ge NEWS PAGE 2

Post-Corona Modus Vivendi POLITICS PAGE 3

The Campaign #ThePowerIsInUs

FOCUS ON AUSTRIA NOW & BEYOND COVID-19 GT meets exclusively with Austrian Ambassador Arad Benko to compare the Georgian and Austrian COVID-19 experiences.

PAGE 4

Tedo Japaridze: We Should Build On the Relationships We Have Invested in, but Should Not Delude Ourselves that Nothing Will Change EXCLUSIVE INTERVIEW BY VAZHA TAVBERIDZE

A

fter the first of a series of webinars dealing with the impact of COVID19 on Georgia and the wider world, organized by Civic Idea with the assistance of the Friedrich Foundation, GEORGIA TODAY was privileged to speak with Ambassador Tedo Japaridze, a veteran and mainstay of Georgian diplomacy throughout the decades, about these very issues. We started our interview by asking him what impact he foresees COVID-19 having on the world, security-wise. With both the US and Germany unimpressed by China's handling of the situation, we note, is there a danger that this will leave the confines of the usual blame-game politics and turn into an open confrontation? “This public health disaster is developing into a global political and economic crisis, disrupting our social/economic/ cultural/political matrix. And if we need to speak about the new security challenges, we need to begin by reflecting on

POLITICS PAGE 5

February Data Shows First Signs of Dramatic Deterioration in Georgia’s Economy, Int’l Experts Expect Quick Recovery in 2021 ISET PAGE 6

Winners of CENN’s Green Scholarship SOCIETY PAGE 7

How Is Georgian Post Working during the Pandemic? SOCIETY PAGE 8

“Corona Days” Artworks Presented by BI Auction to Promote Young Georgian Artists: Natalia Lashkhi CULTURE PAGE 11 Prepared for Georgia Today Business by

Markets As of 24ͲAprͲ2020

STOCKS

m/m

BONDS

Price

w/w

m/m

Ͳ4,8%

Ͳ6,7%

GEOROG 04/21

96.74 (YTM 10.28%)

Ͳ0,0%

Ͳ0,2%

GBP 4.18

Ͳ15,4%

Ͳ12,0%

GEORG 04/21

100.95 (YTM 5.83%)

Ͳ0,5%

+1,2%

GHG (GHG LN)

GBP 0.84

Ͳ8,8%

+14,8%

GRAIL 07/22

99.48 (YTM 8.00%)

Ͳ0,4%

Ͳ1,1%

TBC Bank Group (TBCG LN)

GBP 7.69

Ͳ4,9%

Ͳ0,8%

GEBGG 07/23

100.64 (YTM 5.78%)

+1,5%

Ͳ2,5%

CURRENCIES

COMMODITIES Crude Oil, Brent (US$/bbl)

ern trajectory,' it is important that we have responded in a specific way: with transparency, with access to information, with rule of law and social responsibility. Continued on page 5

w/w

GBP 9.25

Gold Spot (US$/OZ)

how a virus with a 1-to-4% death rate has managed to undermine globalization in such a comprehensive manner,” Japaridze answers. “As a country committed to a so-called 'west-

Price

Bank of Georgia (BGEO LN) Georgia Capital (CGEO LN)

Price

w/w

m/m

w/w

m/m

21,44

Ͳ23,6%

Ͳ21,0%

GEL / USD

3,2151

+1,8%

Ͳ7,5%

1 729,60

+2,8%

+6,0%

GEL / EUR

3,4798

Price

+1,3%

Ͳ7,2%

3,9762

Price

w/w

m/m

GEL / CHF

3,3045

+1,2%

Ͳ6,6%

5 752,23

Ͳ0,6%

+5,6%

GEL / RUB

0,0431

+0,7%

Ͳ2,9%

FTSE 250

15 687,43

Ͳ1,1%

+10,7%

GEL / TRY

0,4610

+1,1%

Ͳ14,9%

Ͳ2,7%

10 336,09

GEL / AZN

1,8912

23 775,27

Ͳ1,9%

+14,8%

GEL / AMD

0,0067

+3,1%

Ͳ4,3%

8 634,52

Ͳ0,2%

+16,4%

GEL / UAH

0,1186

+1,5%

Ͳ5,3%

129,72

Ͳ0,2%

+10,7%

EUR / USD

0,9239

+0,5%

Ͳ0,3%

MSCI EM EE

+1,7%

Ͳ7,5%

DAX DOW JONES NASDAQ

+6,6%

+0,7%

Ͳ2,7%

GEL / GBP

INDICES FTSE 100

879,41

Ͳ2,4%

+9,7%

GBP / USD

0,8087

+1,1%

SP 500

2 836,74

Ͳ1,3%

+15,9%

CHF / USD

0,9730

+0,7%

Ͳ0,9%

MSCI FM

1 894,57

Ͳ3,4%

+6,9%

RUB / USD

74,5450

+0,8%

Ͳ4,8%

GT Index (GEL)

1 582,68

Ͳ

Ͳ

TRY / USD

6,9727

+0,6%

+8,6%

GT Index (USD)

1 208,13

Ͳ

Ͳ

AZN / USD

1,6985

+0,2%

+0,3%

MSCI EM

Ͳ4,9%


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