Our Scans · Georgia · Weekly Summary

• The eventual outcome of Russia's war on Ukraine will powerfully shape conditions for other countries in the region where populations are seeking more stable democracies and integration into Europe - particularly Belarus, Georgia and Moldova. United States Institute of Peace
• The South Caucasus country formally became a candidate to join the EU last year, but since then Brussels has repeatedly warned Georgia is drifting away from its stated ambition - declaring in June that the accession process was de facto halted. Barrons
• If Brussels is going to open accession negotiations with Ukraine, Moldova, Bosnia and Herzegovina, and grant Georgia the status of a candidate country, the EU in its current form is unprepared. Carnegie Europe
• Russians who have left their country behind often find themselves in a state of limbo and at risk of politically motivated extradition, living, for the most part, in Georgia, Armenia, Turkey or Central Asian countries, unable to seek refuge in Europe. Mikhail Khodorkovsky
• Four candidate countries to join the EU will hold elections in 2024: Bosnia and Herzegovina, Moldova, North Macedonia, and Georgia, as well as the question mark hanging over the staging of elections in Ukraine. CIDOB
• Gen Z workers almost universally believe they will face obstacles to retire (at 99%), followed by 91% of Gen X, and smaller portions of millennials and boomers. Fortune
• Over the next two decades there will be a major transfer of wealth - collectively, $84 trillion - from baby boomers to younger generations including their Gen X children. Investopedia
• Gen Z will spend 56% more on gift cards in 2023 than last year - much higher than the 19% rise for millennials, 25% rise for Gen X and 9% rise for Baby Boomers. Modern Retail
• We are on the cusp of a huge generational transfer taking place, with an estimated $84 trillion projected to be passed down from older Americans to Millennial and Gen X heirs through 2045, with $16 trillion expected to be transferred within the next decade. Traders Magazine
• To be clear, Simulation IV does not assume a 9 percentage point increase in Coalition support among Boomers, Gen X and Millennials between 2022 and 2040. The Centre for Independent Studies
• By 2045, $72 tn of wealth will be passed from Baby Boomers and the older members of Gen X to Millennials. LocalGlobe Notes
• Due to ongoing demographic shifts in the U.S., an estimated $84 trillion coming from the top 1.5% will be transferred from older generations over to Gen X, Millennials, and Gen Zs of the world over the next two decades. Allspring Global Investments
• 27% of millennials will spend more for luxury goods online in 2023, compared to 20% of Gen Z, 22% of Gen X, and 21% of Baby Boomers. www.retailcustomerexperience.com
• As most baby boomers will have retired over the next decade, with the oldest Gen X not far behind, Australia's health and retirement system is inevitably coming in for a hard landing with demographic reality. Monash Lens
• In 2022, millennial consumers plan to spend $255 on Halloween, followed by Gen Z, Gen X and baby boomers. Retail Dive
• Metaverse-anchored marketing could help restaurant chains better reach Gen Z consumers, who visit restaurants less frequently than Gen X and millennials did in their peak restaurant-going years. Restaurant Dive
• In the next few decades, $30 trillion in wealth will pass from baby boomers to millennials and Gen X. AP News
• Younger shoppers appreciate the flexibility of Buy Now, Pay Later, with 44% of Gen Z and 37% of Millennials expected to make a BNPL payment in 2022, compared to 23% of Gen X and 9.4% of Baby Boomers. The Financial Brand
• Within the next five years, the Boomer generation will be completely replaced with Gen X, who came up with technology and are willing to accept technology as part of their daily lives. Machine Design
• By 2025 Gen Z will be the second largest set of social commerce users (29% of all expenditure), followed by Gen X, which will account for 28% and Baby Boomers only 10%. Information Age
• By 2025, nearly half of Gen Z will have used BNPL services at least once a year, compared to 40% of Millennials and 30% of Gen X users. Tearsheet
• A majority of millennials and Gen Z consumers favor the gradual phasing-out of internal combustion engine vehicles by 2035, compared to just 38% of baby boomers and 45% of Gen X. CB Insights Research
• Majorities of Gen Z and Millennial adults favor phasing out production of new gas-powered vehicles by 2035, compared with lower shares of Gen X and Baby Boomer and older Americans. Auto Connected Car News

Last updated: 14 June 2025