Issue #1242

Page 1

Issue no: 1242

• APRIL 17 - 23, 2020 • PUBLISHED TWICE WEEKLY

FOCUS ON THE QUARANTINE

How long should we sacrifice the economy to save lives?

PAGE 6-9

PRICE: GEL 2.50

In this week’s issue... PM's Advisor: The Country Has a Significant Expansion of Domestic Clusters NEWS PAGE 2

Labor Law & COVID-19 in Georgia: What You Need to Know NEWS PAGE 3

SSSG Names Russia's Expansionary Policy as Main Threat to Georgia in 2019 POLITICS PAGE 4

Should the World Sacrifice the Economy to Save Lives Today? ISET PAGE 6

EPRC Recommendations on How to Exit Total Lockdown BUSINESS PAGE 7

Image source: US Embassy Georgia

Georgian Gov't, Patriarchate Agree Not to Close Churches on Easter Night

Coronavirus: Young Children in Denmark Return to School

BY ANA DUMBADZE

The Amazing Carla Serena: Pioneer Solo Woman Traveler in Georgia, 1875-1881

W

ith the joint decision of the Georgian government and the patriarchate, churches will not be closed on Easter night throughout the coun-

try. Advisor to the Prime Minister Irakli Chikovani and the head of the press service of the Patriarchate, Archpriest Andria Jagmaidze made corresponding statements on Wednesday evening. However, they emphasized that services will be conducted in accordance with the recommendations. As the Prime Minister's spokesman said at a briefing at the government administration, only clergymen will be allowed inside small churches, while a 2-meter social distance will be maintained in large temples. "All safety standards set by the Ministry of Health will be observed in the churches," Chikovani said. "We have decided that the parishioners should come to the church before the start of the curfew

SOCIETY PAGE 8

CULTURE PAGE 11 Prepared for Georgia Today Business by

Markets As of 10ͲAprͲ2020

STOCKS

m/m

BONDS

Price

w/w

m/m

Ͳ30,5%

GEOROG 04/21

96.09 (YTM 10.84%)

Ͳ0,4%

Ͳ7,5%

GBP 5.42 +30,8%

Ͳ12,6%

GEORG 04/21

101.01 (YTM 5.81%)

Ͳ0,0%

Ͳ2,4%

GHG (GHG LN)

GBP 1.00 +23,1%

+2,6%

GRAIL 07/22

100.09 (YTM 7.70%)

+0,0%

Ͳ8,5%

TBC Bank Group (TBCG LN)

GBP 8.09 +24,5%

Ͳ32,6%

GEBGG 07/23

104.24 (YTM 4.59%)

+1,6%

Ͳ1,8%

CURRENCIES

COMMODITIES Crude Oil, Brent (US$/bbl)

w/w

m/m

w/w

m/m

31,48

Ͳ7,7%

Ͳ15,4%

GEL / USD

3,1425

Ͳ1,0%

+10,3%

1 696,65

Price

+4,7%

+2,9%

GEL / EUR

3,4399

Price

+0,3%

+7,1% +6,3%

GEL / GBP

3,9120

+0,4%

INDICES

Price

w/w

m/m

GEL / CHF

3,2497

+0,0%

FTSE 100

5 842,66

+7,9%

Ͳ2,0%

GEL / RUB

0,0426

+2,7%

+6,5%

FTSE 250

16 407,92 +16,4%

Ͳ6,5%

GEL / TRY

0,4690

Ͳ0,5%

+1,3%

DAX

10 564,74 +10,9%

+0,9%

GEL / AZN

1,8499

Ͳ1,0%

+10,1%

DOW JONES

23 719,37 +12,7%

NASDAQ MSCI EM EE

"This is a very favorable condition that allows the parishioners to fully participate in the Easter service," he added.

w/w

GBP 9.93 +18,8%

Gold Spot (US$/OZ)

(9 PM) and leave the church at 6 AM in the morning after the Easter service," Archpriest Jagmaidze stated.

Price

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

8 153,58 +10,6% 137,69

+9,3%

+7,0%

Ͳ5,2%

GEL / AMD

0,0064

+1,6%

Ͳ2,3%

GEL / UAH

0,1159

+0,3%

+3,3%

+1,0%

EUR / USD

0,9144

Ͳ1,3%

+3,2%

+8,5%

Ͳ7,9%

GBP / USD

0,8031

Ͳ1,5%

+3,7%

SP 500

2 789,82 +12,1%

Ͳ3,2%

CHF / USD

0,9662

Ͳ1,1%

+2,8%

MSCI FM

1 914,31

+3,8%

Ͳ13,6%

RUB / USD

73,7746

Ͳ3,7%

+3,2%

GT Index (GEL)

1 582,68

Ͳ

Ͳ

TRY / USD

6,7044

Ͳ0,4%

+8,9%

GT Index (USD)

1 208,13

Ͳ

Ͳ

AZN / USD

1,7000

Ͳ

+0,2%

MSCI EM

888,16

+6,8%


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