“Georgia and Russia Nearing All-Out War”
By: Annie Barnard
New York Times
http://www.nytimes.com/2008/08/10/world/europe/10georgia.html?_r=1&scp=6&sq=russia%20georgia%20war&st=cse&oref=slogin
August 9, 2008
November 21, 2008
The tensions between Russia and its former Soviet nation-state, Georgia had come to a head on August 9 when it appeared a war between the two nations was inevitable. The countries continued their dispute over the territory of Abkhazia. According to the Georgia’s Interior Ministry, the Russian Air Force began to bomb Georgian military bases. The conflict seems to have an unfortunate ending for Georgia who had hoped to receive aid from the West, most notably from the United States. Georgia thought that with pressure from America, Russia would not continue their war efforts. –Tom Murray
“Georgia War Sours Investor Mood in Russia”
By: Javier Espinoza
Forbes.com
http://www.forbes.com/markets/2008/08/11/briefing-europe-morning-markets-equity-cx_je_0811markets04.html
August 11, 2008
November 23, 2008
Due to its war with Georgia, Russian stocks are expected to take a plunge in the financial world. As Forbes.com reported, Ronald Smith, chief strategist at Alfa Bank stated "Russia is trading really cheaply, and this is yet another blow to investors' confidence.” He goes on to explain, “"Three weeks ago, the Russian market was one of the top three in the world. While the rest had sunk 17%-50%, Russian stocks had fallen only 5.0%.” In addition to the war between Russian and Georgia, the downfall could be contributed to oil trading and the financial crisis in the United States. –Tom Murray
“Conflict Escalates Between Russia, Georgia”
By: Gregory Feifer
Npr.com
http://www.npr.org/templates/story/story.php?storyId=90127359
May 2, 2008
November 23, 2008
Russia sent more troops into Georgia. This action is causing more fears that a conflict between the two nations will eventually occur. Russians are saying that there is evidence that Georgia is organizing a resistance against the forces from their former mother country. –Tom Murray
“Russia, Georgia Joust over Talk on Abkhazia Base”
“Russia and Georgia Clash over Separatist Region”
By Michael Schwirtz, Anne Barnard, and C.J. Chivers
New York Times
http://www.nytimes.com/2008/08/09/world/europe/09georgia.html?_r=1&scp=3&sq=russia%20georgia%20war&st=cse
August 8, 2008
November 30, 2008
Despite the Western countries condemning Russia’s war with Georgia, troops from Russia remained in its former Soviet territory. Armored Russian military vehicles including tanks, artillery and reconnaissance arrived in South Ossetia’s capital city of Tskhinvali, the territory that is causing the tensions between Russia and Georgia. With neither side appearing to back down, a war has become inevitable. According to Richard Holbrooke, former U.S. ambassador to the United Nations, he states that Russia has two goals for entering the war against Georgia. The first reason is annex South Ossetia and Abkhazia. Secondly, they will attempt to overthrow Mikheil Saakashvili, the President of Georgia. –Tom Murray