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News of the day

Economics

Lari Strengthens Again — Exchange Rates

The National Bank of Georgia has set a new exchange rate. As a result of trading on May 23, the U.S. dollar depreciated to 2.7376 lari. The current rate in effect today was 2.7383 lari.

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Politics

World

Joe Biden Diagnosed with Prostate Cancer

Former U.S. President Joe Biden has been diagnosed with prostate cancer, according to a statement released by Biden's press secretary on Sunday, May 18.

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Trump to Hold Phone Calls with Putin and Zelensky

U.S. President Donald Trump announced on May 19 that he will have a phone conversation with Vladimir Putin, followed by a call with Volodymyr Zelensky and NATO allies. Even before the first direct Russia-Ukraine talks in three years, the White House chief had stated that peace between Moscow and Kyiv could only be achieved if he personally discussed the matter with Putin.

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World

Putin Simplifies the Process of Obtaining Russian Citizenship for Residents of Abkhazia and the So-Called South Ossetia

Russian President Vladimir Putin has signed a decree that simplifies the process of acquiring Russian citizenship for residents of the occupied territories of Abkhazia and the so-called South Ossetia. This was reported by Meduza.

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Who will be the next pope? Here are some possible candidates

Rome, CNN — An old saying about papal elections goes as follows: “He who enters the conclave as pope, leaves it as a cardinal.” In other words, any candidate seen as the frontrunner before the voting begins should be treated with caution, and no cardinal should go into the Sistine Chapel assuming they will get the votes.

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Other news

As part of the project at the Energy Training Center, trainings were conducted for public school students in Batumi and Poti

With the support of the United Nations Children's Fund (UNICEF) and within the framework of the ongoing project at the Energy Training Center established by the Georgian National Energy and Water Supply Regulatory Commission (GNERC), trainings were held for public school students in Batumi and Poti. Project experts introduced the students to topics related to drinking water and environmental issues, emphasizing the importance of the rational use and protection of water resources.

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Georgia Highlights Five Investment Sectors at London Forum, Says BAG Executive

Energy, logistics, transport, tourism, real estate, and the IT sector have emerged as Georgia’s five most dynamic sectors over the past three years and hold significant potential for attracting foreign direct investment, according to Levan Vepkhvadze, Executive Director of the Business Association of Georgia (BAG).

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Napoli Become Italian Champions for the Fourth Time in History

In the 38th round of the Italian Championship, Napoli defeated Cagliari 2–0. The goals were scored by Scott McTominay and Romelu Lukaku, according to Sportbox.

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Alpinist and Guide Niko Paliani Dies in Western Georgia

29-year-old alpinist Niko Paliani died during an expedition on Mount Ushba, according to his relatives and family friends. The accident occurred on May 22.

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