Investments

Transnistria is a breakaway region located in Eastern Europe, sandwiched between Moldova and Ukraine. The region has been unrecognized by the international community since it declared independence in 1990, following the fall of the Soviet Union. Transnistria has a complex history and cultural identity, with a significant population of ethnic Russians and Ukrainians. The region's language and culture are heavily influenced by Russian traditions, and the people of Transnistria generally identify…

The Olympic Games are a global event that brings together the world's top athletes in a spirit of international cooperation and friendly competition. However, the Sochi Olympic Games in 2014 were marred by controversy and political tension, as many political leaders chose not to attend the event. The Sochi Olympics were hosted by Russia, and tensions between Russia and other countries were high at the time due to political and social issues. In the lead-up to the games, there were concerns…

Ukraine has long been at the center of a geopolitical tug-of-war between Russia and the West, and the country's energy sector has been a key battleground in this ongoing conflict. The latest chapter in this story revolves around Ukraine's gas supply, which has become a major point of contention between the country and its neighbors. Ukraine is heavily reliant on gas imports, with more than half of its natural gas coming from Russia. This dependence has been a source of tension between the two…

As I previously wrote, Ukraine has made the controversial decision to not sign the association agreement with the European Union (EU) at the Eastern Partnership summit in Vilnius. The issue of signing the agreement had been a topic of much speculation and intrigue, with Ukrainian representatives giving mixed signals about their stance on European integration. The Eastern Partnership is a project that aims to bring the EU and its six Eastern neighbors, including Ukraine, closer together. The…

On November 28-29th, 2013, the Eastern Partnership summit took place in Vilnius, where Ukraine, Georgia, and Moldova signed an Association agreement with the European Union (EU). This agreement aimed to strengthen political and economic ties with the EU, including free trade and visa-free travel. The signing of the agreement was seen as a significant step towards European integration for these countries. However, the signing of the agreement led to significant tensions between Russia and the…

LinkedIn is a social media platform that has become an essential tool for recruiters and hiring managers in various industries. For those in need of hiring translators, LinkedIn is a particularly valuable resource that can help connect them with a pool of qualified candidates. For the past few weeks, I've been helping find and recruit top talents for one of the leading translation companies in Georgia, and in this article, I want to share my joy about how powerful is LinkedIn for finding top…

The former Soviet Union was a vast region that encompassed a number of countries with distinct cultures, economies, and political systems. In 2013, the region was still recovering from the economic and political upheavals of the previous decades, and minimum wages varied widely across the countries that made up the former Soviet Union. Previously I have already measured and compared minimum wages in Baltic states, Caucasus and Central Asia. All of these once were a part of the Soviet Union.…

Central Asia is a region that consists of five countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. The region has a diverse economy, with industries ranging from agriculture to oil and gas production. However, the issue of minimum wage is one that affects workers across all sectors. Minimum wages in Central Asia vary from country to country. In Kazakhstan, the current minimum wage is 42,500 tenge per month, which is roughly equivalent to $99 USD. In Kyrgyzstan, the…

Minimum wages in the Baltic states are the lowest ones in the European Union. In 2013 minimum wage in Baltic states was $427 in Estonia, $379 in Latvia and $385 in Lithuania. Update: Minimum Wage Set to Rise in the Baltic States in 2018 Difference between "richest" Estonia and "poorest" Latvia in 2013, in terms of minimum wage, was = $48   Estonia has announced to increase its minimum wage by 35 EUR both in 2014 and 2015. In 2014 minimum wage in Estonia will be $474. Latvia plans to…

I recently wrote an article exploring the Gross Domestic Product (GDP) of the Commonwealth of Independent States (CIS), Baltic states, and Georgia in 2012. Now, I'm turning my gaze to the future and examining what the economies of the former Soviet Union republics may look like in 2018. Why 2018? I'm relying on IMF forecasts, and as of now, the closest future projections available from the IMF extend until 2018. As per the data provided by the IMF, in 2018, the largest economy in the CIS,…