If inflation is a dragon that must be slain, China’s Premier Wen Jiabao has shown he is willing to sacrifice a part of the country’s most vital asset to do so – growth. READ MORE

Viewed from the side it would seem that the issue of Abkhazia and South Ossetia is now closed for business, and what happened cannot be undone. Georgians however did not abandon hope. In the New Year message, President Saakashvili proposed to his fellow countrymen to greet with a greeting ”See you in Sukhumi,” following the model of ancient Israeli, greeting with the New Year greeting, ”See you in Jerusalem.” READ MORE

Polish-Lithuanian ties are ancient but increasingly acrimonious. READ MORE

The Obama administration is weighing options for sharp new cuts to the U.S. nuclear force, including a reduction of up to 80 percent in the number of deployed weapons, the Associated Press has learned. READ MORE