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…

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…

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…

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…

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…

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…

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…

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…

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'…

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…

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…

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.…

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…

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…

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…