The Russia-Georgia clash has generated heated anti-Moscow rhetoric from John McCain and U.S. neoconservatives about a new Cold War, a prospect that most people might see in a negative light but which many military contractors surely view as a financial plus.

Brazen invasion of Georgia by the Russian troops has become the last straw to break the back of tolerance of the international community, which in its policies towards the Kremlin over the recent years has been copying the outdated policies of the free world towards “pacification” of Hitler’s regime in …

Dmitry Medvedev, the Russian president, has signed a decree under which Russia formally recognises the breakaway Georgian provinces of South Ossetia and Abkhazia as independent states.   “I have signed decrees on the recognition of the independence of South Ossetia and Abkhazia,” Medvedev said in a pre-recorded address broadcast on …