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| Late Breaking News: Russian tanks and troops surged into Georgia's breakaway South Ossetia province to repel a Georgian offensive | ||||
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GEORGIA CALLS FOR OSSETIA CEASE FIRE Georgia says it has ordered a cease fire in South Ossetia and offered to hold peace talks with Moscow. |
CHRONOLOGY OF SEVERAL
DECADE OF CONFLICT Georgian forces pulled out of the breakaway South Ossetia region on Sunday after three days of fighting and Russian troops took most of the capital. Here a chronology of past years in South Ossetia:
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More information below NOTE: The oil in the Caspian basin is estimated to be worth over US $12 trillion. The sudden collapse of the USSR and subsequent opening of the region has led to a scramble by Western oil companies to get oil deals and also has led to border disputes like the one going on now. In 1998 Dick Cheney commented that "I can't think of a time when we've had a region emerge as suddenly to become as strategically significant as the Caspian."
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FBI Declares Anthrax Case OverA military bio-weapons scientist who killed himself last week was the sole person responsible for the deadly anthrax attacks in 2001, new FBI papers allege. |
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Pulitzer-prize winning author says CIA forged letter to promote war |
Shortly after the 2003 invasion of Iraq and the failure to find any WMD's, the CIA, under White House orders, forged a letter falsely linking Iraq to Al Qaeda , author Ron Suskind declares.
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Ron Suskind: The Forged Iraqi Letter: Evidence |
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Former driver for Osama bin Laden was sentenced by a military jury Thursday to 5 1/2 years in prison for supporting terrorismDetainee given credit for pretrial incarceration and eligible for release in five months, details. But prisoner has been declared an enemy combatant by the military in a separate proceeding, and the Pentagon and White House has said it can hold such combatants until the campaign against the Global War on Terrorism is deemed over, details. The military says only 80 of the detainees at Guantánamo will face war crimes charges. At present, about 265 detainees are being held there. The remaining 2/3 will continue indefinite detention without trial, details. |
This Week's Top Election Stories & Events |
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Russia, Georgia Conflict Explodes
Other Prime Time Issues
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Purported al-Qaeda operative Is Ordered Held Without Bail
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The UK Guardian says the ceremony that opened Olympic games outdid all of its predecessors in numbers, color, noise and expense, showing off a powerful China, here |
![]() Extensive review of opening ceremony from The Australian |
Spectators awed as the 29th modern Olympic Games begin, a truly spectacular opening ceremony watched by millions around the globe, the BBC reports here |
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Ecstatic China gets its Olympic moment, declares International Herald Tribune, here. |
Summer Olympics Open With A Bang In Beijing, audio and photos from National Public Radio, here. |
Economic Issues in the News |
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Less than a month after a near unlimited guarantee of stock purchases and loan guarantees by the U.S. government, and transfer of private bank debt to the government, the latest losses at Fannie Mae- which came in at more than three times analysts' estimates - followed a $2.2bn loss for the first three months of the year. Both government sponsored firms own, or guarantee, nearly half of the nation's mortgage debt and as mortgage guarantors, Fannie Mae and Freddie Mac, must pay out when people default on their loans. |
When U.S. property prices collapsed and defaults rose, financial institutions around the world found themselves holding billions of dollars' worth of toxic debt. They stopped lending to each other and the credit crunch began. European economic growth expected to be weakened. Many fear inflation, higher prices, demand for increased wages. There are questions and disagreements on how to deal with the problem. |
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