00:00:00 | 3:02:50




Russia will have a new president after Sunday's election, but Vladimir Putin will still be in charge.  We hear about Russia's trade-off between freedom and stability, and the differing interests of Wall Street and Washington.  Also, President Bush doesn't think the country's headed for a recession, and continuing drought has inflamed a border dispute between Georgia and Tennessee. We get the latest on a deadly serious water dispute.

Photo: Oleg Nikishin/Epsilon/Getty Images


Making News Bush Insists Economy is Not Headed into Recession 6 MIN, 3 SEC

President Bush said today he does not think the US is headed for a recession, but he was surprised to hear what's happening at the gas pump for American drivers. Mark Silva reports from the White House for the Chicago Tribune.

Mark Silva, White House Correspondent, Los Angeles Times and Chicago Tribune

Main Topic Russia's Presidential Election: Freedom Versus Stability 35 MIN, 44 SEC

From St. Petersburg to Siberia, Vladimir Putin has centralized Russian authority behind what the New York Times calls a "facade of democracy." Elections of provincial governors were cancelled altogether. The results of next Sunday's presidential election have been known for weeks. Dmitry Medvedev will succeed Putin as President and Putin will become Prime Minister, a job he calls "the highest executive power in the country." We hear about what's called "managed democracy," which means less freedom but greater "stability." That could be great for western investors, but for Washington it's another story.  Will Putin and Medvedev want better relations or a new kind of Cold War?

Clifford Levy, Moscow Bureau Chief, New York Times
Edward Lozansky, American University in Moscow (@EdwardLozansky)
Edward Lucas, The Economist (@edwardlucas)
Ian Bremmer, Eurasia Group (@ianbremmer)

Reporter's Notebook Georgia Wants Tennessee River, Chattanooga Sends Bottled Water 7 MIN, 24 SEC

The Mayor of Chattanooga, Tennessee said yesterday was "Give Our Georgia Friends a Drink Day," with a tongue-in-cheek proclamation about a "drought of Biblical proportions," leaving the leaders of Georgia "like the Children of Israel," beginning to "cast long eyes toward the north, coveting their neighbor's assets." The last "Whereas" in Ron Littlefield's proclamation says, "if today, they come for our river, tomorrow they might come for out Jack Daniels." But with the water shortage no joke, in the interests of peace, he sent a truck of bottled water to Georgia Governor Sonny Perdue. Jay Bookman is deputy editorial page editor of the Atlanta Journal Constitution.

Jay Bookman, Deputy Editorial Page Editor, Atlanta Journal-Constitution

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