Word: impaction
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...Western companies are talking publicly about revising their Russian investment strategies in the wake of the war with Georgia, and Russia watchers are sharply divided over whether there will be a medium- or long-term impact on economic ties with the West. BMW, for one, is proceeding apace with building its sales network there: by the end of this year, it aims to have a dealership in 47 Russian cities with populations of more than 300,000. One of the biggest corporate-investment programs, by Italy's Enel - which has spent about $6 billion on an effort to become...
...conflict with Georgia is undeniably "having an impact," agrees Robert Amsterdam, a lawyer who represents Russia's most famous economic victim: Mikhail Khodorkovsky, who once headed the Yukos oil company. In 2003, Khodorkovsky was hounded out of business and he now languishes in a Siberian jail. "People who were among the most bullish on Russia are now ready to be the most aggressive in demonizing it," says Amsterdam...
...political impact of the fighting is far-reaching. Russia has vowed that its troops will continue to occupy slices of Georgian territory even after its supposed withdrawal, acting as "peacekeepers" in the self-styled autonomous regions of South Ossetia and Abkhazia. Georgia can "forget about" its territorial integrity, Russian Foreign Minister Sergey Lavrov said...
...With the economy also showing signs of weakness, there's little doubt that how Beijing handles issues of dissent and social instability in the post-Games period will have a lasting impact on China's future. And though not everyone shares his sunny outlook, Bequelin remains optimistic about China?s nascent civil society, whose development was temporarily put on ice in the lead up to the Games. "It's a battle in which Chinese are trying to get government off their backs," he says. And what's being fought for by people like Zhou is access to information...
...Teammate Samantha Peszek, who turned her ankle in the warmup just before the team competition began, had less time to process her injury and how it would impact her Olympic experience. Peszek was first up on the vault, but had to sit out all events but the uneven bars. "My adrenalin was pumping, and I wasn't actually thinking about the pain," said Peszek. "They gave me some medicine and surprisingly, it didn't hurt. It was more emotional for me, because it was my dream to compete in the Olympics. No one ever goes through making...