The dram has gained about 15 percent against the dollar in recent weeks, bolstered by an influx of Russians to Armenia and a move to buy gas in rubles rather than dollars.
What started out as Ukraine’s dissatisfaction with Georgia’s cautious stance on sanctions has grown into a major controversy filled with mutual accusations, insults, and conspiracy theories.
In our weekly briefing: Restrictions easing, COVID denialism persists, foreign suitors come visiting in hope of business, and the latest annual horse jamboree.