On June 2, Speaker of the Georgian Parliament Shalva Papuashvili signed into law the controversial bill “On Transparency of Foreign Influence” as the parliament overrode Salome Zourabichvili’s presidential veto (see EDM, May 13, 22). The Russian-style “foreign agents” bill was originally withdrawn in 2023 under intense public pressure but was …

In our modern world, most states are democracies or at least call themselves “democratic.” The adoption of democracy is hailed as one of humanity’s greatest achievements. Once upon a time, humanity broke out of the shackles of monarchies and has never looked back since. Nowadays, all citizens in democratic countries …

The petrodollar system, the bedrock of global finance since the 1970s, faces an uncertain future. The recent expiration of the U.S.-Saudi petrodollar pact in June 2024 marks a turning point, prompting a reassessment of the dollar’s role in oil trade and the broader geopolitical landscape. This article delves beyond the …