Blog Archive: July 2014

The African Union (AU) is a continental union consisting of 55 member states located on the continent of Africa.  The AU's future goals include a customs union, a single market, a central bank, and a common currency, thereby establishing an economic and monetary union. The African Union has been created a while ago…

The BRICS countries, which include Brazil, Russia, India, China, and South Africa, are a group of developing economies that are expected to have a significant impact on the world economy in the coming years. This acronym was created in 2010 to represent the economies of these five countries, which have a combined…

In this article, I'm sharing notes on how I opened a bank account at ProCredit Georgia Bank back in 2014. Since I originally wrote this article, I have opened several additional bank accounts in Georgia - at Bank Republic for check redemptions (Sold to TBC bank) and Bank of Georgia. If you need consultancy or help…

In the wake of the recent power outage in Tbilisi, I decided to delve into electric power consumption in the Former Soviet Union (FSU) space. In this article, I explore the kWh per capita consumption in various FSU countries, based on data from the World Bank. Surprisingly, Russia, with a minimum wage of $160 per…

The European Union (EU) is a massive economic force, with a combined GDP that would make it the world's largest economy if it were viewed as a single entity. However, it is important to remember that the EU is made up of 27 independent member states (as of 20213) each have its own unique economic challenges and…

Trabzon, located in the Black Sea region of Turkey, is a popular tourist destination known for its rich history, stunning landscapes, and diverse culture. Whether you're visiting for business or pleasure, Trabzon has a variety of hotels to suit your needs. In this article, we will take a closer look at some of the…

Yerevan, the capital of Armenia, is a city with a rich history, vibrant culture, and stunning architecture. It's also home to some of the best luxury hotels in the region, each offering its own unique blend of comfort, sophistication, and style. Whether you're visiting Yerevan for business or pleasure, there's no…

The GDP of the former Soviet Union countries has been a topic of interest for many economists, politicians, and individuals alike. The economic performance of these countries is seen as an indicator of their growth and development. In 2013, the GDP of the former Soviet Union countries was a mixed bag of growth and…

Back in 2013, the European Union (EU) was a political and economic union of 28 member states that were located primarily in Europe.  While the European Union consists of 28 member states. Some would say  - Europe is United. Is it so? Let's figure out, who lives better and who does not.  Update: GDP Per Capita in…

The collapse of the Soviet Union in 1991 marked the beginning of a new era for the countries of the former Soviet Union. With the fall of the Soviet regime, many of these countries were left to fend for themselves, struggling to build new economies and establish new political systems. Today, the former Soviet Union…

The minimum wage is set by the government as the minimum standard of guaranteed income (hourly/monthly) that a worker should receive for the work he/she performs. In 2014, there were 22 countries out of 28 in European Union, which had their national minimum wages set. 6 countries out of 28 have no minimum wage set by…

It has been six months since I last analyzed the minimum wages in the former Soviet Union. Although it is not a major factor in economic growth, the minimum wage is still a relevant indicator in understanding a country's economic status. In my previous research in 2013, I found that Estonia had the highest minimum…

Recently Georgia signed Association Agreement with EU, which includes Free Trade Agreement with the EU as well. Georgian Politicians were so happy, that they rushed to announce some great plans - and so the MP of Georgia announced, that Georgia is eager to have full EU membership in the next 5-10 years.  So far so…

This ride was an extended versions for ride I made a few days ago - Dinamo Arena - Dibude. And again - evening (night), with hopes there will be less people in the streets and less vehicles. Wrong, Wrong, Wrong. Seems, Tbilisi never sleeps - and speaking of night cycling in this Caucasus city- it seems even more…

Batumi offers plenty of hotels over there. If you are into getting some tan at pebbled Black Sea coast beaches, you might like to have a comfortable rest after it. Choose your hotel among the best available in Batumi. Prices among the best hotels in Batumi will vary starting from 100 GEL ($57/ EUR 42) and will go up…

Yesterday was a hot day, it was about 37 Celsius, and I offered to make a cycling after 9:00PM, but we agreed to ride at 7:00PM, at first we stopped for some chicken barbecue at 11 Katkha restaurant near Dinamo Stadium. It turned out - yesterday Georgian National Football team played against Kazakhstan, since our…

Custom Channels is a great way to measure performance for your Google Adsense ad units, and it's a great way to get more targeted ads for your websites. In this article I will explain how you can use Custom Channels to track which ad units performs better, and how to sell those ad units for potentiall bidders.How to…

I have been using Google Adsense for almost 5 years already, first 4 and a half years I didn't paid much attention for it. I mean I was not paying attention for better implementation, CTR, CPC and other things. I just put Adsense code to my webpages, did some small blending stuff and was sitting back and waited when…

Some time ago we find some offer on Facebook offering rafting tour in Georgia for 2 days - on Mtkvari river. Tour included raft, safety wests, oars, overnight in tents. It sounded pretty good, and we decided to claim this offer. Said - done! Our rafting tour started Saturday morning from Tbilisi (minibuss waited for…

<p>Today I red splendid news on Georgian news - <a href="http://newsgeorgia.ru/economy/20140714/216770339.html&quot; target="_blank">starting July 18Th flights from Tbilisi to Mestia will be resumed</a> - and will be performed by Georgian flight company - Service Air.</p><…