
IN ECONOMIC theory the winner’s curse refers to the idea that someone who places the winning bid in an auction may have paid too much. Consider, for example, bids to develop an oil field. Most of the offers are likely to cluster around the true value...

Twice-suspended cornerback Adam “Pacman” Jones is off the hook with Georgia probation officers over his scuffle in Dallas. He’s also off the radar of Cowboys coach Wade Phillips.
Twice-suspended cornerback Adam “Pacman” Jones won’t have his probation revoked in Georgia after an alcohol-related scuffle with his bodyguard in Dallas.
More than 540,000 ballots have already been cast in Georgia, including many from the Democratic strongholds of metropolitan Atlanta in what could be an encouraging sign for Barack Obama’s presidential bid.
The first high-level talks between Russia and Georgia since their war broke down Wednesday, but international sponsors said the negotiations had only hit a procedural snag and will resume next month.
Talks between Russia and Georgia to build on the cease-fire that ended their summer war appear to have broken down.
Russia arrived late for its first face-to-face meeting with Georgia since their August war, but Deputy Foreign Minister Grigory Karasin said he would join the Georgians and the United States for the talks Wednesday.
The International Court of Justice plans to rule Wednesday on whether to order Russia to take immediate steps to halt what Georgia calls ethnic cleansing in the breakaway regions of South Ossetia and Abkhazia.
The United States and Russia have assigned high-level delegations to European Union-sponsored talks aimed at promoting security in Georgia under the cease-fire that ended this summer’s brief war in the former Soviet republic, officials said Tuesday.
The Supreme Court has cleared the way for a Georgia man to be put to death for killing a police officer, two weeks after it halted his execution to consider his appeal.
Russia and the United States must cooperate in tackling global threats despite their differences over Georgia and other issues, a key U.S. congressman said Tuesday.
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