The Georgian Lari has lost in value during the last couple of weeks, but, perhaps surprisingly, this has not yet translated into higher food prices. According to the latest results of ISET's Retail Food Price Index (FPI), the prices of food staples sold in the main Georgian supermarket chains have actually decreased by 0.6% during the last week of August (Aug 22-29).

ISET continued its Distinguished Professors Lecture Series, which it runs in cooperation with Tbilisi State University, on Thursday, January 29th. In this installment of the series, ISET hosted Professor Ramaz Kurdadze, Head of the Institute of the Georgian Language at Faculty of Humanities and Member of the Academic Board of Tbilisi State University.

“Fast and furious... Soviet-style: Crazy stunt drivers of Georgia try to impress Hollywood by speeding through crowded public streets.” The clip, uploaded by the team of would-be-stunts has reportedly received 2 million YouTube views in a week.