Page 7 - August 2008 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

You referred to, but i also went straight to kyiv. i went to kyiv to give a speech in august 2008, where i warned that ukraine would be the next front line. and i referred to george kennan�*s famous long telegram from moscow after the second world war. and his statement that russia's tragedy, but also its crime, was always to look at ukraine as either being a vassal or an enemy, quote unquote. and it's very important to date back to the assaults on international law, it is very important to date back the age of impunity. and it's also important to say that the economic as well as the militar...

Indication of that, but there are some other anomalies going on with the automobile sector, with travel snapping back, so these things have to be watched on balance. >> speaking of watching this, i mean, the last time we saw the consumer price index increase by 5% was august 2008, and we know what happened after that. that was just right before the major financial crisis. so could this be a canary in the coal minor is this related? >> i don't think this is necessarily related. think of august 2008. oil prices that year shot up to, what, 135, $140 a barrel? there were all sorts of concerns of h...

As the economy roars back to life, demand for a lot of things, inflation growing too, inflation rising 5%. that is the biggest jump since august 2008. it shows a core inflation rate, this really matters, higher than we've seen since 1992. what does it mean for you? christine romans is here with more. the white house officials thinking on this. to me this is we still believe that the uptick in inflation is there. this is temporary. how do we know with numbers like this? >> we won't know for sure until we know. wall street right now, stock market hit record highs this morning. you have the bond ...

Yeah. >> reporter: oddly enough, the west mesa investigators' good fortune began thousands of miles to the east, in the fall of 2008. that's when crumbling financial markets on wall street caused home construction on the west mesa to grind to a halt. >> the company kind of left town and just kind of left the land the way it was. >> if those houses had been built, they would have been built right on top of that graveyard. >> correct. >> and nobody would be the wiser. >> correct. then august 2008 we have -- we had a really bad rainstorm. >> reporter: and the rain runoff from the deserted constru...

Called what happened last night in tbilisi russophobia provocation he condemned what had happened and he also said that russia was concerned that this aggression could also affect russian tourists of which there are many in georgia so that was the reaction that we heard from the kremlin the foreign ministry in russia has also come out and they've said that the the opposition in georgia is trying to stop the improvement of ties between russia and georgia ok of russophobia provocation. some quite tough language they give us some background on the ongoing conflict between russia and georgia since...