Issue no: 1273
• NOVEMBER 20 - 26, 2020 • PUBLISHED WEEKLY
PRICE: GEL 2.50
In this week’s issue... Coronavirus: Georgia Awaits Tightened Restrictions amid Increasing Number of Infections NEWS PAGE 3
Trump’s Brave Doings & Biden’s Bold Ideas POLITICS PAGE 4
The Bear in the Mountains: An Examination of the Russian Peacekeeping force in Karabakh POLITICS PAGE 6
FOCUS
ON POMPEO
Find out more about the US Secretary of State's flying visit to Georgia
PAGE 2
Carrefour Launches Reusable Bags for Loose Fruit & Veg as Part of the Brand’s ongoing Sustainability Initiative
S
tatistics show that, on average, Georgian citizens use 525 plastic bags per year. While this is an environmental problem, such high plastic usage and production also depletes energy and resources. Fortunately, there are brands in Georgia who embed sustainability initiatives as part of their successful business strategy. Carrefour — operated by Majid Al Futtaim in Georgia — is one example of a brand that is very active when it comes to Sustainability and Corporate citizenship. Since its establishment in the country, not only has it introduced local customers to high-quality and best service through customer experience, but it has also prioritized its sustainability agenda. Having held more than 50 events in the last two years, Carrefour prides itself on its commitment to bettering the lives of its surrounding communities and is guided by its desire to operate in an environmentally and sociallyresponsible manner. Continued on page 9
Beeline Users Can Learn a Foreign Language for Only 15 GEL Per Month BUSINESS PAGE 7
Furniture House NITA: For Your Quality Furniture Needs BUSINESS PAGE 7
UN Resident Coordinator for Georgia on the UN’s 75th Anniversary SOCIETY PAGE 8
‘Gepherrini’: Where Style Meets Practicality SOCIETY PAGE 10
Remembering Pridon: Ushguli, Svaneti CULTURE PAGE 11 Prepared for Georgia Today Business by
Markets As of 16ͲNovͲ2020
STOCKS Bank of Georgia (BGEO LN) Georgia Capital (CGEO LN) TBC Bank Group (TBCG LN)
COMMODITIES Crude Oil, Brent (US$/bbl) Gold Spot (US$/OZ)
Price
Price
w/w
m/m
+23,9%
GEOROG 04/21
101.52 (YTM 3.24%)
Ͳ0,4%
Ͳ0,1%
+7,1%
w/w
+11,8%
GEORG 04/21
101.81 (YTM 2.28%)
Ͳ0,1%
Ͳ0,3%
GBP 11.70 +16,8%
+23,7%
GBP 11.04 +11,5% GBP 4.50
m/m
BONDS
GRAIL 07/22
105.02 (YTM 4.55%)
+0,2%
+0,2%
GEBGG 07/23
105.27 (YTM 3.91%)
+0,5%
+1,0%
Price
w/w
m/m
Price
w/w
m/m
43,82
+3,3%
+2,1%
GEL / USD
3,2950
Ͳ1,1%
+2,5%
1 888,95
+1,4%
Ͳ0,5%
CURRENCIES GEL / EUR
3,9058
Ͳ0,8%
+3,7%
GEL / GBP
4,3490
Ͳ0,8%
+4,7%
INDICES
Price
w/w
m/m
GEL / CHF
3,6054
Ͳ1,4%
+2,5%
FTSE 100
6 421,29
+3,8%
+8,5%
GEL / RUB
0,0432
Ͳ0,9%
+4,6%
FTSE 250
19 608,05
+4,0%
+10,0%
GEL / TRY
0,4281
+3,5%
+5,6%
DAX
13 138,61
+0,3%
+1,8%
GEL / AZN
1,9384
Ͳ1,1%
+2,5%
DOW JONES
29 950,44
+2,7%
+4,7%
GEL / AMD
0,0067
Ͳ
+1,5%
NASDAQ
11 924,13
+1,8%
+2,2%
GEL / UAH
0,1172
Ͳ1,1%
+3,2%
147,03
+2,7%
+12,9%
EUR / USD
0,8436
Ͳ0,3%
MSCI EM EE
Ͳ1,1%
MSCI EM
1 203,04
+0,9%
+7,0%
GBP / USD
0,7574
Ͳ0,3%
Ͳ2,2%
SP 500
3 626,91
+2,2%
+4,1%
CHF / USD
0,9128
Ͳ0,0%
Ͳ0,2%
MSCI FM
2 383,28
Ͳ0,3%
+5,0%
RUB / USD
76,1758
Ͳ0,1%
Ͳ2,2%
GT Index (GEL)
1 582,68
Ͳ
Ͳ
TRY / USD
7,7059
Ͳ4,5%
Ͳ2,7%
GT Index (USD)
1 208,13
Ͳ
Ͳ
AZN / USD
1,7000
+0,1%
+0,1%