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Georgia acceded defeat silently by pulling out its troops out of the trouble Ossetia town, but reports say that Russian troops are still advancing to the nearest towns with a view to oust the Georgian President who is a staunch supporter of US. The ousting of the President will send strong message to all other erstwhile Soviet Union member countries around Russia to come under indirect control of Russia sooner than later.

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China has started taking more steps to reduce the fuel consumption by raising the taxes on higher end cars by nearly 100% and also upping the rate of tax on middle end cars. China also reduced the tax rate on the lower end cars which are fuel efficient and therefore good on the consumers. These moves are expected to reduce the crude prices further, especially after the Olympics are over next week.

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Crude oil prices crashed further to 113 dollars yesterday in spite of reports that Russia Georgia fight is intensifying and some gas pipelines have been shut. Also reports that Turkey is facing some problem with one of their oil pipelines failed to have an impact. Instead the strengthening dollar and fears of a drop in global demand put downward pressure on crude prices.

New Jersey by itself is a wonderful place to relax yourself out of your mundane routines. Ideally you must be out with your family on a week long or week end vacation to enjoy the great fun in New Jersey. And the best New Jersey attractions are to be found in Morey Piers amusement parks. The best thing about Morey’s Piers is that they have weekly special events that makes your stay full of joy and fun throughout.

If you are planning for a family beach vacation, Morey Piers would be the most ideal choice, which many of my friend’s family visits quite frequently. Apart from this there are lot of wonderful places around Morey’s Piers that have lot of things to offer to make your vacation a joyful and memorable one. Their website, www.moreyspiers.com helps you to find the best hotels and motels in Wildwoods. The amusement parks in Morey’s Piers are rated among the best in US and you along with your family, taken back to your childhood memories in just minutes, that will fill your mind with lasting joy. For those with real guts, there are lots of challenging and funny games and the thrilling water games will be cherished by elders and kids alike.

The military conflict between Russia and its neighbor Georgia is on for the last few days with severe aerial bombing witnessed in the last two days. Also with more Russian land troops barging into Georgian city there is over 2000 casualties reported by media. There are reports emanating today that Georgia is voluntarily pulling out its troops out of the troubled town.

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