Guide to Currency Exchange for the Georgian Lari

Guide to Currency Exchange for the Georgian Lari

This article provides a comprehensive guide to the Georgian Lari (GEL), covering fundamental currency information, real-time exchange rates, international exchange rates, central bank interest rates, and the role of the National Bank of Georgia. It aims to help readers better understand and master the Georgian Lari, enabling them to make more informed currency exchange and investment decisions. The guide offers insights into the factors influencing GEL's value and provides practical tips for navigating the currency market in Georgia.

Shipping Rates Jump As Trade War Sparks Route Shifts

Shipping Rates Jump As Trade War Sparks Route Shifts

The international shipping market is affected by the trade war, leading to a short-term increase in freight rates. Shipping companies are adjusting routes to mitigate risks. Businesses need to closely monitor policies, diversify procurement sources, optimize supply chains, and strengthen risk management to adapt to market changes. The trade war introduces volatility and uncertainty, requiring proactive strategies for businesses involved in international trade and shipping to navigate the evolving landscape and minimize potential negative impacts on their operations and profitability.

Global Shipping Industry Faces Downturn As Eastwest Capacity Drops

Global Shipping Industry Faces Downturn As Eastwest Capacity Drops

The international shipping market faced significant changes in July, with substantial capacity reductions on major East-West routes, particularly impacting the Trans-Pacific lanes. Weak demand and overcapacity led to declining freight rates, prompting shipping companies to actively adjust their strategies. Increased global economic uncertainty presents challenges for the shipping market's outlook, requiring companies to adapt flexibly. The capacity cuts aim to stabilize prices amid sluggish demand, but the long-term effects remain to be seen given the volatile global economic landscape.

07/03/2025 Logistics
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Amazons Overseas Warehouses Boost Sellers for Peak Season

Amazons Overseas Warehouses Boost Sellers for Peak Season

Amazon's warehouse adjustments are drawing attention, requiring sellers to closely monitor official announcements and adjust their strategies promptly. Overseas warehouses, as a flexible and efficient logistics solution, can help sellers avoid logistics challenges, flexibly allocate inventory, improve customer experience, and expand markets. This enables effective response to challenges and success during peak seasons. Sellers should consider overseas warehousing to mitigate risks associated with FBA changes and maintain a competitive edge in the cross-border e-commerce landscape.

12/31/2025 Logistics
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Shanghai Covid Surge Disrupts Global Ecommerce Supply Chains

Shanghai Covid Surge Disrupts Global Ecommerce Supply Chains

The Shanghai COVID-19 outbreak severely impacted cross-border logistics, exacerbating delays due to port congestion, courier service disruptions, and infected truck drivers. This increases delivery time risks. Sellers should monitor listing performance and return rates closely. To proactively address these challenges, optimizing operations and adjusting inventory strategies are crucial. By adapting and innovating, sellers can navigate the crisis and potentially seize new opportunities in the market.

01/04/2026 Logistics
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Amazons Early Prime Deals Signal Holiday Spending Trends

Amazons Early Prime Deals Signal Holiday Spending Trends

Data from Amazon's Prime Early Access Sale indicates a diversion of some Black Friday and Cyber Monday demand, leading to a decrease in average order value. Consumer sentiment suggests a wait-and-see approach. Amazon's own products performed strongly. Third-party sellers need to adapt by employing strategies such as differentiated competition, refined operations, and diversified channels to navigate the evolving market landscape. The report highlights the need for sellers to be proactive and responsive to changing consumer behaviors during major sales events.