Analysis

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Euro weakens as Biden carries new sanction plans

Euro weakens as Biden carries new sanction plans

The euro weakened against the dollar on Wednesday amid another sharp increase in oil and natural gas prices and while investors waited for U.S. President Joe Biden to unveil new sanctions against Russia during his trip to Europe

What Is Going On at the Armenia Fund?

What Is Going On at the Armenia Fund?

A charity dedicated to promoting economic development has a long history of corruption, criminality, and even abetting military affairs. Now, people are asking questions,  …

Georgians in deep debt

Georgians in deep debt

Too much of household debt is denominated in dollars, despite efforts in recent years to reduce borrowers’ exposure to foreign currencies

India buys up Russia's oil

India buys up Russia's oil

It turns out that the export of Russian oil to India has increased significantly, because Delhi maintains close trading ties with Moscow despite western sanctions

Turkey and UK implement largest project in 160 years

Turkey and UK implement largest project in 160 years

The United Kingdom has agreed its biggest-ever civil infrastructure export finance deal to underwrite a high-speed rail line between the Turkish capital Ankara and a major port in the western province of Izmir