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Turkey Country Report Jul22 - July , 2022

July 11, 2022

Turkey on June 9 came up with what critics might see as a more desperate and limited version of the process staged last December 20 when President Recep Tayyip Erdogan announced an instrument for

Russia Country Report Jul22 - July , 2022

July 4, 2022

The effects of sanctions against Russia have been less acute than expected so far, Central Bank chief Elvira Nabiullina said on June 17 at St Petersburg International Economic Forum (SPIEF) and she

Iran Country Report Jul22 - July , 2022

July 4, 2022

Iran’s economic growth recorded 5.7% in the third quarter of the current Iranian calendar year (September 23 – December 21, 2021), according to a report by the Central Bank of Iran (CBI) on March 14.

Georgia Country Report Jul22 - July , 2022

July 4, 2022

Georgia’s economy expanded by 2.6% y/y in April, according to the national statistics office Geostat. GDP growth was observed in transportation and storage, hotels and restaurants, electricity, gas,

Turkey Country Report Jun22 - June, 2022

June 7, 2022

In Turkey, there is a hue and cry, but not much sense is spoken. People are angry and on edge due to the sum of the situation of the country. Everyone agrees with the consensus that Turkey is exposed

Ukraine Country Report Jun22 - June, 2022

June 7, 2022

Russia’s war destroys, damages over 200 factories, large enterprises in Ukraine. Ukraine will also need to restore 12 airports, over 1,000 educational institutions, and almost 300 bridges and

Russia Country Report Jun22 - June, 2022

June 7, 2022

The 3.5% expansion in Russia’s GDP in Q1 is consistent with a small contraction in q/q terms, and this will almost certainly be followed by a steep fall in output in Q2 as the effects of Western

Georgia Country Report Jun22 - June, 2022

June 7, 2022

Georgia’s economy expanded by 2.6% y/y in April, according to the national statistics office Geostat. GDP growth was observed in transportation and storage, hotels and restaurants, electricity, gas,

Iran Country Report Jun22 - June, 2022

June 7, 2022

Iran’s economic growth recorded 5.7% in the third quarter of the current Iranian calendar year (September 23 – December 21, 2021), according to a report by the Central Bank of Iran (CBI) on March 14.

Georgia Country Report May22 - May, 2022

May 9, 2022

Georgia's real GDP grew by 10.4% in 2021, according to preliminary data issued by the statistics office Geostat on March 21. Last year, GDP at current prices amounted to GEL60.2bn ($18.7bn), which is

Iran Country Report May22 - May, 2022

May 9, 2022

Iran’s economic growth recorded 5.7% in the third quarter of the current Iranian calendar year (September 23 – December 21, 2021), according to a report by the Central Bank of Iran (CBI) on March 14.

Turkey Country Report May22 - May, 2022

May 6, 2022

Ukraine War: Ukraine was still resisting Russia's invasion as of May 2, with parts of the country turned into a slaughterhouse. See the live map here. Since the Russian invasion of Ukraine

Ukraine Country Report May22 - May, 2022

May 6, 2022

Ukraine’s real GDP will shrink by at least a third this year due to the war, according to the National Bank of Ukraine, but in 2022 the domestic economy will gradually recover as most of the country

Russia Country Report May22 - May, 2022

May 6, 2022

The war with Ukraine has dragged on for over two months by the start of May and instead of the $1bn that a three day war, initially expected, it is now costing an estimated $500mn per day. This is

Turkey Country Report Apr22 - April, 2022

April 8, 2022

Ukraine War: Ukraine was still resisting Russia's invasion as of April 7, while the Russians had retreatred from around Kyiv. See the live map here. The media's attention span for the war is

Russia Country Report Apr22 - April, 2022

April 8, 2022

Russia was starting to boom in October. Economic growth was surprisingly strong in the post-coronacrisis bounce back. Inflation was uncomfortably high, but the Central Bank of Russia (CBR) string of

Ukraine Country Report Apr22 - April, 2022

April 8, 2022

Horrifying images emerged from the massacre in Kyiv’s suburb of Bucha on April 3, where retreating Russian soldiers murdered a reported 350 civilians in cold blood. The streets strewn with bodies

Iran Country Report Apr22 - April, 2022

April 8, 2022

Iran’s economic growth recorded 5.7% in the third quarter of the current Iranian calendar year (September 23 – December 21, 2021), according to a report by the Central Bank of Iran (CBI) on March 14.

Georgia Country Report Apr22 - April, 2022

April 8, 2022

Georgia's real GDP grew by 10.4% in 2021, according to preliminary data issued by the statistics office Geostat on March 21. Last year, GDP at current prices amounted to GEL60.2bn ($18.7bn), which is

Iran Country Report Mar22 - March, 2022

March 4, 2022

The World Bank in its latest Global Economic Prospects published on January 11 has upgraded its real GDP growth projections for Iran, anticipating estimated GDP gains of 3.1% in 2021, 2.4% in 2022

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