Market
How will sanctions affect Georgia's GDP growth in 2025?
3
United States•Bidzina Ivanishvili•Georgia•Georgian Dream•Ivanishvili•Russia•Executive Order 14024•Russian•Antony Blinken•Georgian•Estonia
Resolution / Starting Odds
Increase • 25%
Decrease • 25%
No change • 25%
Data unavailable • 25%
Reports from the World Bank or International Monetary Fund
Story
U.S. Sanctions Georgia's Ex-PM Ivanishvili, Founder of Ruling Party, for Undermining Democracy
Dec 27, 2024, 04:38 PM
The United States has imposed sanctions on Bidzina Ivanishvili, a billionaire and former Prime Minister of Georgia, who is the founder and honorary chairman of the ruling Georgian Dream party. The U.S. accuses Ivanishvili of undermining Georgia's democratic and Euro-Atlantic aspirations in favor of Russia. The U.S. Department of the Treasury's Office of Foreign Assets Control designated him under Executive Order 14024, which targets individuals involved in Russian malign activities. As a result, Ivanishvili's assets and interests in U.S. jurisdictions are frozen, and he is isolated from the global financial system, with U.S. citizens and companies prohibited from engaging in financial or commercial dealings with him. U.S. Secretary of State Antony Blinken announced the sanctions, stating that Ivanishvili's actions have enabled human rights abuses and undermined the democratic future of the Georgian people. Estonia has also sanctioned Ivanishvili and 27 other individuals for their participation in human rights violations and for suppressing legitimate protests in Georgia.
View original story
Similar markets
Closer alignment with the West • 25%
Closer alignment with Russia • 25%
Neutral stance maintained • 25%
Other outcome • 25%
GDP decreases by more than 1% • 25%
GDP increases • 25%
GDP remains stable • 25%
GDP decreases by 0.5% to 1% • 25%
More than 5 countries • 25%
2-3 countries • 25%
0-1 countries • 25%
4-5 countries • 25%
Other • 25%
Significant financial loss • 25%
Minor financial loss • 25%
No impact • 25%
Growth 2-5% • 25%
Stagnation (0-2%) • 25%
Recession • 25%
Growth above 5% • 25%
Negative impact • 25%
Positive impact • 25%
No significant impact • 25%
Neutral impact • 25%
Significant economic downturn • 25%
Economic growth • 25%
Minimal economic impact • 25%
Moderate economic impact • 25%
Significant negative impact • 25%
No impact • 25%
Positive impact • 25%
Minor negative impact • 25%
Diplomatic Sanctions • 25%
Other • 25%
Economic Sanctions • 25%
No Action • 25%
Negative growth • 25%
0-1% growth • 25%
1-2% growth • 25%
Above 2% growth • 25%
Majority seats • 25%
Other • 25%
Loss of majority • 25%
Minority seats • 25%