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South Caucasus News

U.S.-Iran talks signal diplomatic progress, but lasting peace remains distant


The conclusion of the first round of high-level negotiations between the United States and Iran in Switzerland marks a potentially significant development for both regional stability and global energy markets.

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South Caucasus News

Oil Price Charts | Oilprice.com


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Azerbaijani president gifts Karabakh horse to Turkmen counterpart during Shusha visit


Azerbaijani President Ilham Aliyev presented a Karabakh horse to Turkmen President Serdar Berdimuhamedov during a visit to Jidir Duzu in Shusha on June 23, Caliber.Az…

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South Caucasus

Azerbaijani, Turkmen presidents have lunch in Shusha


Azerbaijani President Ilham Aliyev and Turkmen President Serdar Berdimuhamedov had lunch together on June 23 in Shusha, Caliber.Az reports via local media. &nbs…

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South Caucasus

FBI reports new arrests in White House assassination plot case


The FBI has arrested two additional men in Washington and Missouri in connection with an alleged plot to attack government officials at a UFC Freedom 250 event at…

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South Caucasus News

Tritax Big Box REIT PLC – London Stock Exchange


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South Caucasus News

Armenia and Iran discuss measures to increase border capacity – Armenpress


Armenia and Iran discuss measures to increase border capacity  Armenpress

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South Caucasus News

Georgia’s Imedi TV, sanctioned by the UK, continues to lose advertisers as P&G and Nestlé pull out


Imedi TV loses advertisers after UK sanctions

Imedi TV loses advertisers after UK sanctions

Two of the world’s largest consumer goods companies, Procter & Gamble and Nestlé, have launched internal reviews of their business relationship with Georgia’s pro-government broadcaster Imedi TV, which is under UK sanctions.

Procter & Gamble has already suspended its advertising on the channel.

On 24 February, the fourth anniversary of Russia’s full-scale invasion of Ukraine, the UK imposed sanctions on the Georgian broadcasters TV Imedi and POSTV under its Russia sanctions regime. The British government said the outlets had “deliberately spread disinformation about Ukraine, undermining its sovereignty and territorial integrity”. The measures imposed on both broadcasters include asset freezes, restrictions on trust services and director disqualifications.

According to City AM, US consumer goods giant Procter & Gamble, the owner of brands including Gillette and Pampers, stopped advertising on Imedi TV on 22 June.

The newspaper reported that the decision followed an internal review led by John Brandon, head of ethics for Procter & Gamble’s European operations.

A company spokesperson said Procter & Gamble complies fully with sanctions regimes and legal requirements in every country where it operates.

“We have not breached UK sanctions. However, we voluntarily reviewed our approach and decided to discontinue advertising on Imedi in Georgia,” the spokesperson said.



City AM reports that Nestlé has launched an internal review after advertisements for its products appeared on Imedi TV.

According to the newspaper, the world’s largest food and beverage company maintained commercial ties with the broadcaster after the UK government imposed sanctions on Imedi and POSTV, describing the channels as pro-Kremlin outlets that had spread disinformation about Ukraine.

City AM says the review is being led by Lynn Gale, Nestlé’s head of global legal affairs, with Mark Morris-Jones from the company’s London-based legal team also involved.

Company representatives said Nestlé complies with all applicable laws and international sanctions regimes, including those governing its operations in Georgia.

According to City AM, several international companies have already cut ties with Imedi. Among them is the BBC’s commercial arm, which had licensed the broadcaster to produce a local version of Dancing with the Stars but terminated the agreement the following day.


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Russia continues grain deliveries to Armenia via Azerbaijan corridor – Caliber.Az


Russia continues grain deliveries to Armenia via Azerbaijan corridor  Caliber.Az

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South Caucasus

Azerbaijiani, Turkmen presidents tour Bulbul house-museum in Shusha


Presidents Ilham Aliyev of Azerbaijan and Serdar Berdimuhamedow of Turkmenistan visited the Bulbul House-Museum in Shusha on June 23. Member of Parliament Polad…