Lusine Asatryan

Georgia’s port of Kulevi is fighting for replacement of Russian oil

Black Sea Petroleum (BSP), the operator of the Kulevi oil refinery in Georgia, is focused on transitioning away from utilizing Russian crude. Davit Potskhveria, co-founder and CEO of the company, detailed this shift during an interview with Business Media Georgia. Initially, BSP processed oil sourced from Russia, but now the firm is aggressively expanding its…

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Georgia’s GDP hits 8.8% in February as Moody’s projects increased growth in 2026

Georgia’s economy experienced substantial growth in February, reaching 8.8% according to recent figures. This positive trend aligns with projections from Moody’s, which anticipates continued economic growth of 6% for 2026. The National Statistics Bureau attributes this expansion to key sectors including IT and communication, transport and storage, financial activities, manufacturing, and mining. In March, Moody’s…

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Georgia’s richest people: Forbes ranking and the real map of power

Georgia’s wealthiest individuals were recently ranked by Forbes Georgia, revealing a significant concentration of wealth within the country. The inaugural list, published on March 23, 2026, identifies 100 of Georgia’s most affluent entrepreneurs, showcasing a combined fortune exceeding 60.1 billion lari – roughly 60% of the nation’s economy and three times its state budget revenues….

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Behind Azerbaijan’s export boom: What the numbers don’t show

Azerbaijan 25.03.2026 Behind Azerbaijan’s export boom: What the numbers don’t show JAMnews Baku Share Share Analysis of Azerbaijan’s non-oil exports In recent years, pro-government websites have frequently published formulaic news reports along the lines of: “In the first X months of this year, exports reached $Y million, an increase of Z%.” These figures are typically…

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Review | A Dog in Georgia — a journey that never finds its way

A Dog in Georgia, a novel by Lauren Grodstein slated for 2025, offers a self-discovery narrative set against the backdrop of political turmoil in georgia, yet ultimately proves an uneven and disappointing read. As one of few English-language books centered on georgia, its release sparked considerable interest, though the novel’s execution falls short of expectations….

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