Blog Archive: July 2014
An ex-pat living in Georgia since 2011, I trade stocks, take photographs, work out at the gym, and many more. Here I write about travel, finance, and other things that might interest me.
Latest articles
African Union GDP Per Capita 2013
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 an economic and monetary union. The African Union has been created a while ago actually in 2001. The African Union consists of 54 countries (52 states and 2 Kingdoms). Update: African Union GDP Per Capita 2022…
BRICS: An Overview of the Five Developing Economies (2013)
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 2010 to represent the economies of these five countries, which have a combined population of over three trillion and represent about 40% of the world's population. The BRICS countries are also all G20 countries,…
Opening a Bank Account in Republic of Georgia
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 redemptions (Sold to TBC bank) and Bank of Georgia. If you need consultancy or help with opening a bank account in Georgia, visit the Terramatris website: Opening Bank Account in Georgia There was a law- asking…
Electric power consumption (kWh per capita) in Former Soviet Union 2011
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 from the World Bank. Surprisingly, Russia, with a minimum wage of $160 per month, has the highest kWh per capita consumption, followed by Estonia, which has a higher standard of living. This article serves as…
EU Member States' GDP: A Closer Look at Europe's Economic Strength and Diversity (2014)
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 member states (as of 20213) each have its own unique economic challenges and strengths. In this article, we will examine the individual GDPs of each member state in the EU. The GDP of a country is a measure of…
Top 5 Hotels in Trabzon for a Luxurious Stay
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 suit your needs. In this article, we will take a closer look at some of the top hotels in Trabzon. Please note that some of the links in this article may be affiliate links to Booking.com. This means that we…
Top Luxury Hotels in Yerevan: A Guide to the Best Accommodations in the Armenian Capital
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 style. Whether you're visiting Yerevan for business or pleasure, there's no shortage of high-end accommodations to choose from. In this guide, we'll take a closer look at some of the top luxury hotels in…
GDP In Former Soviet Union 2013
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 2013, the GDP of the former Soviet Union countries was a mixed bag of growth and decline. This article will take a look at the GDP performance of these countries in 2013. Russia, the largest country in the former…
GDP Per Capita in European Union 2013
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's figure out, who lives better and who does not. Update: GDP Per Capita in European Union 2022 GDP per Capita in European Union 2013 2012 2013 Change $ Growth % Luxembourg 103859…
GDP Per Capita In Former Soviet Union Countries 2013
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 economies and establish new political systems. Today, the former Soviet Union countries are still grappling with the legacy of the Soviet era, and economic development remains a major challenge. In this…
Minimum Wages in European Union 2014
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 their national minimum wages set. 6 countries out of 28 have no minimum wage set by the government at all, but they have some collective bargaining agreements. Countries that don't have a minimum wage set by the…
Inequality of Minimum Wages in Former Soviet Union: An Updated Look in 2014
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. In my previous research in 2013, I found that Estonia had the highest minimum wage of $427, while Kyrgyzstan had the lowest at just $17 per month. In this updated analysis for 2014, the highest minimum wage is…
Georgia Plans To Have Full membership in EU in 5-10 Years (2014)
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 Georgia is eager to have full EU membership in the next 5-10 years. So far so good. On the other hand, the newly elected president of the European Commission Jean-Claude Juncker has already announced, that he…
Cycling Tbilisi - Night Ride - Tbilisi Old Town
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 sleeps - and speaking of night cycling in this Caucasus city- it seems even more dangerous than cycling bt day - in day there are at least traffic jams, making overall vehicle movement slow - by night - there are …
16 Best Batumi Beach / Seaside Hotels
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 best hotels in Batumi will vary starting from 100 GEL ($57/ EUR 42) and will go up to 360 GEL ($205 / EUR 150) or higher. While you are in Batumi, consider Batumi Real Estate Crypto Investment From my personal…