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Archive for August 11, 2008

Russian prime minister says ‘war has started,’ Georgia claims invasion.

 Russia’s prime minister said “war has started” over the breakaway region of South Ossetia as Georgia’s president accused its neighbor of a “well-planned invasion.” Georgia is a key link in a U.S.-backed “southern energy corridor” that links the Caspian Sea region with world markets, bypassing Russia. Two pipelines pass through the country linking Azerbaijan and Turkey. The BP Plc-led Baku-Tbilisi-Ceyhan oil pipeline, which has been closed since August 5 due to an explosion in Turkey, runs about 62 miles south of the South Ossetian capital of

Tskhinvali. The EU said Friday it is “working toward a cease fire.” Source: http://www.bloomberg.com/apps/news?pid=20601087&sid=aseroDzA.EQs&refer=home

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