Terabank is ranked eighth by total assets among 15 Georgian banks with a 2.5 percent share of loans at the end of the first quarter of 2021.

The implications go way beyond Armenian domestic squabbles. The election has the potential to make the country ungovernable.

Diplomats who have served in Belarus say Lukashenko is the ultimate enigma. Certainly, using Russian money to keep his state-dominated economy alive. But too simplistically dismissed as a Russian lackey.

Azerbaijan exports to Turkey and Europe through the Southern Gas Corridor continue to make inroads into an energy market until now dominated by Russia.