12
December
2015
On November 24th, a Turkish Air Force fighter jet shot down a Russian SU-24 that briefly strayed into its airspace. One pilot was killed, and another member of the Russian military perished in the rescue attempt. Vladimir Putin called the event a “stab in the back” even though he had turned his back on Turkish warnings about incursions into its airspace. Turkish President, Recep Tayyip Erdogan, facetiously stated that Turkey would not apologize for the event and that Russia should be the one apologizing.
04
December
2015
According to recently released statistics, the Georgian economy continued on a stable trajectory of low- single-digit growth in September and October. The rapid growth estimates for October show 3% GDP growth, definitely an improvement over the 2.2% growth in September. The estimated average real GDP growth rate in the first ten months of 2015 was 2.8% year on year.
20
November
2015
On Thursday, November 19, ISET hosted Zurab Japaridze, a member of the Parliament of Georgia. The title of his presentation was “As of the Argonauts to Shevardnadze”. Zurab presented the economic history of Georgia and discussed various factors affecting its development along the way. The material was unique and heavily based on different alternative historical sources describing economic phenomena of the past.
16
November
2015
The Georgian Government’s pride and joy of the previous years has been its high standing in the World Bank’s Ease of Doing Business index. Investors, policymakers, and economy-watchers around the world have opened editions of magazines like The Economist to see full-page advertisements about why Georgia is ‘different’ among Post-Soviet countries when it comes to doing business.
14
November
2015
Apostle Matthew was a tax collector in Galilee – perhaps the most hated occupation in the ancient world. By quitting his job and deciding to follow Jesus, Mathew accomplished one of the greatest transformations possible in a person’s life. Modern tax inspectors are certainly not expected to follow Jesus.
