This sounds like it should be a big deal, but I really know practically nothing about the political situation in Georgia. What I do know is that the US stock market seems to be completely ignoring this, as it soars on news of lower oil prices and a higher dollar. Since Russia and Georgia are not eurocurrency countries, I don’t think the phenomenon can be explained by currency moves. The traders of the world seem to think this is a tempest in a teapot. Are they wrong?
If it impacts that huge oil line coming into the Black Sea teriminal through Georgia...watch that change.