Video (9min 26sec) Conversation with Gérard Duménil: Cutting wages and social spending will make the Greek crisis worse. The European Union's top financial official told Greece it had a matter of a few days to explain how they used Goldman-Sachs to cover up the true size of the Greek debt....

The European Union has also given Greece until March 16th to show that it can make massive budget cuts particularly an increase in the good and services tax which is the kind of sales tax that people pay at the points of purchase, cuts to pensions, and other things that will come directly out of the pockets of ordinary Greeks.

Video: Transnistria - Little Known Secret State. People & Power reports from Transnistria, a criminal state only Russia recognizes.

Transnistria, also known as Trans-Dniester, Transdniestria, and Pridnestrovie (Pridnestrovian Moldavian Republic), is a "breakaway republic" also claimed by Moldova. The international community supports Moldova's territorial claim to the territory, with the claimed official status of an autonomous territory. It is de jure part of Moldova and de facto an independent. It is organized as a presidential republic, with its own government, parliament, military, police, postal system, and currency. Its authorities have adopted a constitution, flag, national anthem, and a coat of arms.

Video (3min 45sec): The Geopolitics of Georgia Part Three - Russia-Asia cooperation a nightmare for US hawks. Russia and Georgia swapped accusations today presenting a huge challenge to the EU sponsored ceasefire agreement designed to end seven days of fighting. "The accord had envisioned Georgian forces returning to their original positions. These conditions have yet to be met."

F. William Engdahl: "We're playing with World War Three by miscalculation in this whole attempt to allow Georgia into NATO and Ukraine into NATO. The US could stop this whole thing, I think, in 24 hours if the president would announce that it was dropping the request to admit Georgia and Ukraine into NATO and was dropping its attempt to build missile defense in Poland, Ukraineh, and on the borders of Russia that would allow it a nuclear 'first-strike' ability.

Video (4min 5sec): The Geopolitics of Georgia Part 2 of 3 - Nuclear war by miscalculation. "President Bush announced that US troops will provide humanitarian aid to Georgia. Meanwhile the war of words continued.

F. William Engdahl: "What Washington is playing with here is nuclear war by miscalculation thinking that theycan outflank the Russians psychologically and militarily. I think this was a clear signal from the Russian government that they have drawn a line in the sand in Georgia that they're not going to allow this kind of military adventurism from Georgia to take these areas back - South Ossitia and Akazia, both of which fought a war to be independent of Georgia in the early 90s.