FINANZE - NEWS NEWS it FINANZE RSS Feed Generator Georgia, the hideous price of business Oil price is dropping and Russia attacks Georgia, on very doubtful ground.Russia has reinvested very little of the enormous wealth. often concentrated in the hand of few, that skyrocketing oil prices have generated. It is therefore very prone to a dramatic downturn, should the price of oil drop at an accelerating speed.Georgia is crucial to the Caspian viaduct, operated by BP and holds oil reserves in the range of 1.2 Billion barrels.This move by Russia is likely to pressure back price of oil, although temporarily and may-be stop Us dollar from appreciating in the short term.Human lives toll, several hundreds so far, are clearly deemed less relevant than economic interests. Sun, 10 Aug 2008 00:00:00 GMT