Blog Archive: July 2014

Macroeconomics

African Union GDP Per Capita 2013

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 actually in 2001. The African Union consists of 54 countries (52 states and 2 Kingdoms).

Update: African Union GDP Per…

Emerging Markets

BRICS: An Overview of the Five Developing Economies (2013)

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 population of over three trillion and represent about 40% of the world's population. The BRICS countries are also all G20 countries,…

Living in Georgia

Opening a Bank Account in Republic of Georgia

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 with opening a bank account in Georgia, visit the Terramatris website: Opening Bank Account in Georgia

There was a law-…

Macroeconomics

Electric power consumption (kWh per capita) in Former Soviet Union 2011

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 month, has the highest kWh per capita consumption, followed by Estonia, which has a higher standard of living.

This article serves as…

Macroeconomics

EU Member States' GDP: A Closer Look at Europe's Economic Strength and Diversity (2014)

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 strengths.

In this article, we will examine the individual GDPs of each member state in the EU. The GDP of a country is a measure of…

Hotel reviews

Top 5 Hotels in Trabzon for a Luxurious Stay

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 top hotels in Trabzon.

Please note that some of the links in this article may be affiliate links to Booking.com. This means that we…

Travel

Top Luxury Hotels in Yerevan: A Guide to the Best Accommodations in the Armenian Capital

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 shortage of high-end accommodations to choose from.

In this guide, we'll take a closer look at some of the top luxury hotels in…

Macroeconomics

GDP In Former Soviet Union 2013

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 decline. This article will take a look at the GDP performance of these countries in 2013.

Russia, the largest country in the former…

Macroeconomics

GDP Per Capita in European Union 2013

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 European Union 2022

GDP per Capita in European Union  2013




 
2012
2013
Change $…

Macroeconomics

GDP Per Capita In Former Soviet Union Countries 2013

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 countries are still grappling with the legacy of the Soviet era, and economic development remains a major challenge.

In this…

Macroeconomics

Minimum Wages in European Union 2014

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 the government at all, but they have some collective bargaining agreements. Countries that don't have a minimum wage set by the…

Macroeconomics

Inequality of Minimum Wages in Former Soviet Union: An Updated Look in 2014

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 wage of $427, while Kyrgyzstan had the lowest at just $17 per month. In this updated analysis for 2014, the highest minimum wage is…

Emerging Markets

Georgia Plans To Have Full membership in EU in 5-10 Years (2014)

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 good. 

On the other hand, the newly elected president of the European Commission Jean-Claude Juncker has already…

Cycling Tbilisi - Night Ride - Tbilisi Old Town

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 dangerous than cycling bt day - in day there are at least traffic jams, making overall vehicle …

Hotel reviews

16 Best Batumi Beach / Seaside Hotels

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 to 360 GEL ($205 / EUR 150) or higher.

While you are in Batumi, consider Batumi Real Estate Crypto Investment…

Cycling Tbilisi Embankment - evening ride - Dinamo Arena - Didube

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 favourite restaurant is located right next to Dinamo Stadium, it was full with folks eager to have a drink before the game.

That's…

Blogging

Using Custom Channels in Google Adsense

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 create Custom ChannelsLet's login to our Google Adsense account and head to My ads section, then in the left sidebar you will find…

Blogging

How to create URL channels in Google Adsense

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 cash will flow in. It didn't!And then I started my blog - I can tell just one - after I started my own blog, I started to pay…

Rafting in Georgia - Khertvisi - Aspindza - Borjomi

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 rafters next to Radisson Blue and it was supposed to leave Tbilisi at 9:00 AM)

As usualy doing something unexpected I don't plan…

Drupal & Servers

Vazhatravel.com - tours and travel in Georgia

Vazhatravel.com was a Drupal-powered site a built for a friend. Vazha Travel offers one of the best rates for tours and transfers in Georgia. With Vazha Travel you can order airport transfer from Tbilisi airport to the Tbilisi city centre as low as 25 GEL (Most taxis at Tbilisi airport will ask you more), so do you can book a transfer to and from Kutaisi or Batumi airport.

The further developments of Vazhatravel website has been canceled,…

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