GEORGIAN INVASION BACKFIRING: RUSSIA ALREADY PAYING THE PRICE FOR THEIR GEORGIAN INVASION: FOREIGN INVESTORS FLEEING

BBC:

Russia has seen foreign reserves decline, a sign that the market is more nervous about investing in the region since the recent conflict in Georgia.

Central Bank figures show reserves were sharply down in the week ending 15 August, marking a fall of $16.4bn (£8.8bn) from $597.5bn a week earlier.

Tensions with the west have also been strained by Russia's objection to the US placing a missile defence in Poland. Georgia has urged the west to invest in the region as it seeks to rebuild.

According to the Financial Times, the latest drop in capital reserves is the largest "since comparable figures began" in 1998, though similar funds were taken out during the currency crisis.

THIS IS JUST THE START.

PUTIN'S GEORGIAN "ADVENTURE" HAS BACKFIRED: IT WILL BEGIN THE UNDOING OF HIS TYRANNY.