Opinion

The FINANCIAL -- In Georgia, the transport and logistics industry does not in fact have a single person responsible for its entirety. There are a scarce number of independent institutions working on analytics to observe global and regional trends. But who makes the decisions not to carry out any reform, despite the development of creeping and downward trends over the years? Where is the strategy and vision from the transport and logistics policy development department? What do we want to do in the future? Having no responses to those questions, and being in a state of uncertainty, automatically leads the country and sector to reap negative results.

If we look at the continuum of Georgia’s political development since its independence in 1991, we can see one clear pattern: the party that loses power – whether by coup d'état, color revolution or parliamentary election – inevitably disappears. Currently, we are witnessing the disappearance of the United National Movement (UNM), a party that governed the country from 2004 -2012. However, the slow and nonviolent pace of the UNM demise sets it apart from the aforementioned trend.

The upcoming local elections are going to be the least interesting and sophisticated of any Georgian elections since the 2012 parliamentary elections when Mr. Saakashvili’s United National Movement (UNM) was ousted from power by the Georgian Dream (GD). Since that time, UNM has remained the number two party in the country and is consistently seen as GD’s punching bag (or as they like to be called, the biggest opposition party).

North Korea, a country whose people naively believe that their space rockets can land on the sun, is led by a dangerous, nuclear-possessing dictator. Kim Jong-un, who will hopefully be the last dictator of divided Korea, is threatening the world with the nuclear Armageddon and no one seems to know what the best response should be. There are two ways to solve this problem – with diplomatic means and with military means. This article will present world attitudes towards each of these possibilities.

The FINANCIAL -- Just recently, a rare occurrence made the headlines in Georgia: Moody’s Investors Service upgraded the government of Georgia’s local and foreign currency issuer ratings first time in seven years, to Ba2 from Ba3, with commentary that the outlook remains stable. This news was met with great excitement, but was soon overshadowed by the unfortunate news of Georgia’s downgrade on the Global Competitiveness Indicators, without fully appreciating or understanding the significance of the Moody's upgrade.

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