22
October
2015
As suggested by ISET’s most recent Consumer Confidence report, Georgian consumers are in no mood for shopping. And, yet, Tbilisi is abuzz with excitement about the recent lavish opening of East Point – a giant new shopping and entertainment center, the largest of its kind in the country. Thus, while consumer confidence is hitting new lows, the supply of retail space and world-class shopping malls continues to hit its highs.
17
October
2015
Silk production, or sericulture, has deep Georgian roots, going all the way back to King Vakhtang Gorgasali, who not only founded Tbilisi in the 5th century A.D. but also introduced Georgia to silk (and silkworms), which he brought from India.
15
October
2015
Speaking at the opening of the Tbilisi Silk Road Forum, Georgia’s new Minister of Foreign Affairs Giorgi Kvirikashvili evoked electric circuitry as a metaphor to describe the future of rail and road connections between Europe and Asia. A graduate of the prestigious math and physics Komarov School, Kvirikashvili explained that a sequential circuit – a simple chain – crucially depends on each and every one of its links.
21
September
2015
Malkhaz Shashiashvili, professor of Ivane Javakhishvili Tbilisi State University (TSU) visited ISET on Thursday, September 17th to present his recent paper "Discrete-Time Hedging of the American Option" co-authored with S. Hussain, professor of Government College University. Since his talk contained very complicated mathematical methods, Prof. Shashiashvili started the presentation by giving definitions and keywords, in order to make it accessible for a general audience.
16
June
2015
It is with deep regret and sadness that ISET confirms that two of our beloved students, Mariam Kutelia and Ivlita Jibuti, became the victims of catastrophic flooding in Tbilisi on June 13th. The whole international community mourns for Georgia, but this news is particularly painful for ISET. It is a terrible tragedy that affected all of us. Life at ISET will never be the same.
