Prices are rising at their fastest rate for 40 years as higher energy bills hit millions of households.

As of May 1, the country owed USD 7.8 billion to foreign creditors, which was USD 259 million less than last month. The decrease exceeds 1 billion in the national currency.

HRW's Europe and Central Asia director Giorgi Gogia called the alleged Russian atrocities “abhorrent, unlawful and cruel.”

The Prime Minister of Georgia once again expressed solidarity towards Ukraine. Also, it was noted that Georgia sent over 500 tons of humanitarian cargo by air and land transportation in support of the Ukrainian people.

This two-day visit included meeting with Charles Michel, President of the European Council. Georgia's EU membership bid and granting the status of a candidate to the country were the key issues discussed.

More children are likely to suffer from lethal undernutrition as the war in Ukraine threatens to deepen a global food crisis, the agency says. The availability of emergency therapeutic hunger packs is also threatened.

In the fourth quarter of 2021, GDP had grown by 0.3% in the euro area and by 0.5% in the EU.

Users can authenticate a payment by showing their face or the palm of their hand instead of swiping their card.

According to initial estimates, GDP fell by an annualized 1.6% in the first quarter of this year in comparison with the previous quarter.

Banks and experts point to the high interest rate in explaining lower demand for mortgage loans

Turkey, Canada and Greece have also recorded over 10% drop of volume in April 2022

Registrations of new businesses fell by 2.3% and bankruptcies by 0.8%.

Official value of the dollar became 2.9654 GEL

The most popular city among foreign homebuyers is İstanbul. It is followed by Antalya and Ankara

The fast growth of the popularity of avocados has been attributed to an increased number of foreigners visiting Georgia

697 people have recovered during the reporting period

As of April 1, the number of wage workers in the economy of Azerbaijan climbed by 23,100 people, or 1.4%, to 1,702,800

The new project will be similar to the United Transport and Logistics Company - the Eurasian Railway Alliance but with Georgia and Azerbaijan instead of Russia and Belarus

Armenia's trade with Russia in 2021 totaled $2.5 bln

The bulk share or US$ 133 million has been transferred from RF, an increase of 300% from the previous year