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...Russian authorities have responded by injecting $44 billion into the three big banks. President Dmitri Medvedev has also pledged to make a further $20 billion from the state budget available to support the stock market. However, earlier talk by other officials that some of the nation's oil windfall should be used to support the stock market has been dropped...

Author: /time Magazine | Title: Red Tide at the Casino | 9/25/2008 | See Source »

...with cool disdain to the E.U.'s deliberations. The Russian Foreign Ministry called the results "sufficiently predictable." It deplored the suspension of the trade talks, but suggested that Russia had grown accustomed to "artificial obstacles on the path to this document." On the eve of the summit, Russian President Dmitri Medvedev told Sarkozy - not for the first time - that Russian troops intended to pull out of the buffer zones in Georgia proper, raising the possibility that the ultimatum for the suspension of talks would quickly be rendered moot. "The majority of E.U. countries have manifested a responsible approach and confirmed...

Author: /time Magazine | Title: Russia: In Search Of Unity | 9/4/2008 | See Source »

...Syrian President Bashar al-Assad arrived in Moscow hoping to persuade Russia to sell him sophisticated air-defense systems - and reportedly offering the Russian navy the use of one of its Mediterranean ports. Late on Wednesday, the Israeli Foreign Ministry announced that Prime Minister Ehud Olmert and Russian President Dmitri Medvedev had spoken on the phone to clear the air over the Georgia conflict and Russian arms sales to Syria...

Author: /time Magazine | Title: What Israel Lost in the Georgia War | 8/21/2008 | See Source »

...stories are reversed in Tbilisi, capital of Georgia, where lurid posters portray Moscow's leaders Vladimir Putin and Dmitri Medvedev as Hitler and Mussolini and show a gluttonous Russia devouring Georgia, asking "Who's Next?" Givi Tadiashvili fled from a village near Tskhinvali, where he said looters showed up after the bombing ended, demanding water and wine to drink. They made his neighbor drink first, to make sure the liquids were not poisoned. Three villages were burned near his home. "They do it to show their aggression. It's their revenge not to let us go back," he says. Another...

Author: /time Magazine | Title: The Ethnic Toll in Georgia | 8/20/2008 | See Source »

...after Georgia tried to retake the breakaway region of South Ossetia, has not allowed Western journalists to leave the buses that have been allowed through the destroyed areas. But Russian journalists have been given free access to the area and allege that ethnic Georgian property has been targeted. Explains Dmitri Steshin, a reporter for Komsomolskaya Pravda, a Russian daily newspaper: "[The military doesn't] want you to see that all the Georgian homes have been burned down. It's as simple as that." Says Ludmilla Alexandrova, 50, a resident of Tskhinvali: "I don't think the Georgians will ever return...

Author: /time Magazine | Title: The Ethnic Toll in Georgia | 8/20/2008 | See Source »

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