Day: May 3, 2025

Tutu Kiladze’s personal exhibition. Opening May 6/ 4:30P.M.
Ajara Art Museum (Gallery)
Batumi, Gorgiladze st. №8#GeorgianArt pic.twitter.com/jXCC2cMHh7

— Notes from Georgia/South Caucasus (Hälbig, Ralph) (@SouthCaucasus) May 3, 2025

Turkiye’s Coast Guard has suspended maritime traffic through the Bosphorus Strait due to dense fog, according to a statement by the Turkish Ministry of Transport and Infrastructure, Azernews reports, citing Turkish media outlets.

The recent decision by the Energy and Water Regulatory Commission (EWRC) of Bulgaria to reduce the price of natural gas by 14.22% for the month of May is a significant development that showcases the growing importance of regional energy collaboration. This price adjustment, which sets the cost of gas at 64.40 Bulgarian levs per megawatt-hour (MWh), reflects a broader trend towards energy diversification and the strengthening of energy security in the region.

The exemption of tariffs for small-value shipments is an internationally recognized practice adopted by many countries. It not only provides foreign exporters with greater market opportunities but also significantly reduces costs for domestic importers. Both manufacturing industries reliant on these small-value, tax-exempt goods and consumers have benefited substantially from such policies, said Zhou Mi, a senior research fellow at the Chinese Academy of International Trade and Economic Cooperation.