Energy & Transit: Kazakhstan is weighing the Baku–Supsa pipeline as an oil export route, even as its 2026 exports fall amid lower Tengiz output and constraints at Caspian Pipeline Consortium and Novorossiysk. Power Costs: Georgia Power will cut typical residential electricity bills by about $4 a month after the regulator approved rate changes, using federal nuclear tax credits to offset fuel and storm costs. Finance & Capital Markets: The National Bank of Georgia highlighted growing corporate bond issuance momentum, citing EUR 11m in 2-year bonds under Tegeta Holding’s USD 60m program and record activity across sectors. Environment & Agriculture: Georgia’s Environment Protection and Agriculture Ministry signed grant agreements with the Caucasus Nature Fund to fund operations for the Aragvi and Truso protected landscapes. Urban Infrastructure Oversight: Tbilisi officials say rehabilitation at Avlabari subway station is being reviewed after reports of leaking during rain, with the city audit service tasked to study the work. Pharma Quality: GM PHARMA hosted an Azerbaijani GMP inspection ahead of planned exports, signaling continued expansion of its quality systems. Regional Trade Signals: New Georgia–Azerbaijan deals on electricity supply/transit, gas purchase extensions, and restored rail service are raising questions about transparency and long-term energy independence.