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By Richard Fernandez

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August 10, 2008 - 7:27 pm - by Richard Fernandez
Konyok
2008-08-11 08:33:47

AP is reporting that the Russians have captured a Georgian military base near Senaki (42.269N, 42.062E), inside of Georgia proper. On GoogleEarth I see an airbase at 42.24472N, 42.04954E southwest of the city. They also report that the Russians have captured a police station in or near Zugdidi (42.502N, 41.864E).

Meanwhile, the Russian stock market (RSI) dropped an additional 3.4% on Monday, after the 6.25 drop on Friday and on the heels of dramatic plunges after Putin threatened the Mechel mining combine. Currently the RSI stands at a 22 year low.