Center for International Studies

Nika Chitadze Professor of the International Black Sea University Director of the Center for International Studies  2020-2021 was a particularly difficult year for the entire world economy. The full Lockdown, announced in the countries due to the pandemic, has harmed small and medium-sized businesses or entrepreneurs. However, there have been cases where rapid response and the shift to digital have even made some businesses doubly profitable. All of this, of course, has had little to do with the world's giant corporations and companies. With billions in profits in the competitive market, there has simply been a redistribution of order among the various giant companies. By the end of 2021, out of the 10 most expensive companies in the world with a market capitalization of trillions, eight are American, one operating in Saudi Arabia and one in Taiwan.   Here are listed ten leading companies in the world:   • Apple - $ 2.944 trillion market capitalization (...

Marek Kądzielski Geopolitics and Geostrategy, Postgraduate Studies   Vakhtang Maisaia IBSU, Center for International Studies, Deputy Director   ULTIMATE CHANGE IN RELATIONS BETWEEN RUSSIA AND CHINA   INTRODUCTION   Within the period encompassing the last decade of the 20 th century and the first fifteen years of the 21 st century we could observe a profound change in Sino-Russian relations. During this time for the first time in history China gained dominant position in bilateral relations with Russian Federation . This dominant position was achieved in so many different fields that we may expect Chinese advantage over Russia only to strengthen. Beijing managed to force their own rules in mutual relations where the profits for China do not necessarily mean a loss for Russia or where also where the defeated partner does not even sometimes know that he has been defeated in actuality. Relations between Russia and China are absolutely cruc...

The Role of Cryptocurrency in International Business   Nika Chitadze. Professor of the International Black Sea University.   Director of the Center for International Studies.     Abstract   Cryptocurrency is a type of digital currency, the accounting of internal accounting units of which is provided by a decentralized payment system (there is no internal or external administrator or any of its analogs) (Greenberg, 2011), operating in a fully automatic mode. By itself, the cryptocurrency does not have any special material or electronic form - it is just a number that denotes the amount of data of payment units, which is recorded in the corresponding position of the information packet of the data transfer protocol and is often not even encrypted, like all other information about transactions between system addresses.   Keywords: Bitcoin , Blockchain , Transaction fee , Mining , Governance   Introduction   When talk...