Georgia

US partner ‘has pulled out of Georgia’s Anaklia deep water port project’

Iulian Ernst in Bucharest August 15, 2019

Withdrawal reportedly caused by lack of government backing for country’s flagship infrastructure development. Analysts anticipate investment mothballing or arrival of Russian or Chinese stakeholders to replace Western partners.

Georgia’s political airwaves battle heats up with new channel announcement

Iulian Ernst in Bucharest August 14, 2019

Likely financier is controversial ex-defence minister turned oligarch. Meanwhile, new anti-government movement planned by TBC Bank founder.

Georgia’s main opposition TV station could fall into pro-government hands

Iulian Ernst in Bucharest August 13, 2019

Former owner of Rustavi 2 who regained control through the courts offers to sell broadcaster and calls for insolvency proceedings to be launched.

Georgia in vino vertitas

bne IntelliNews July 31, 2019

​The Georgians like to describe themselves as the “cradle of wine” with a rich, 8,000-year history of wine-making. Wine was produced and drunk in Tbilisi before the Roman Empire was founded and today it remains home to over 500 unique grape varieties

Intrigue as ex-Georgian defence minister arrested over anti-government protests

Iulian Ernst in Bucharest July 26, 2019

Prior to detention, Irakli Okruashvili claimed ownership of Rustavi 2, a TV station that backs the opposition. Tug of war for new influence at broadcaster ahead of elections under way after European court decision.

Co-founders of Georgia’s TBC Bank Group step down, prepare to battle money laundering charges

bne IntelliNews July 25, 2019

Resigned chairman Khazaradze now involved in anti-government “civic movement”. Alleges prosecution “aims to stop construction of Anaklia Deep Sea Port”.

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