The country depends heavily on Russia for its wheat. Now, with the war in Ukraine disrupting global supplies, concerns are rising that Georgia could be left vulnerable.
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.
