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Below you will find Wikipedia's overview of each side. I thought this would give you a great jumping off point for your newscasts. After that you will find some suggested sites.

Responsibility for the war and motives

(Overview of each side -

Even before the war ended, the question of responsibility for the armed conflict emerged, with the warring parties taking different positions. In response, several international organisations conducted investigations, including a large EU fact finding mission. The majority of experts, monitors and ambassadors agreed that Georgia started the war illegally, and Russia overreacted in its response. Georgia claimed that it was provoked into starting the war, and Russia stated that it had no choice but to respond in full, non-nuclear, force against an attack on its people, soldiers and peacekeepers.

Combatants Positions

Georgia first claimed that its attack was a response to Ossetian shelling of Georgian villages, and that the aim of the attack was to "restore constitutional order" in South Ossetia. Later, Saakashvili said the aim of the Georgian attack was to counter a Russian invasion. During a United Nations Security Council meeting on 8 August Georgia said that the first Russian troops entered South Ossetia at 05:30 am on 8 August. The Georgian government later changed its position, saying that around 11:30 p.m. on 7 August intelligence information was received that 150 Russian army vehicles had entered Georgian territory through the Roki Tunnel. In an interview with Der Spiegel, Mikheil Saakashvili said "we wanted to stop the Russian troops before they could reach Georgian villages. When our tanks moved toward Tskhinvali, the Russians bombed the city. They were the ones – not us – who reduced Tskhinvali to rubble." Georgia released intercepted telephone calls purporting to show that part of a Russian armoured regiment crossed into the separatist enclave of South Ossetia nearly a full day before Georgia's attack on the capital, Tskhinvali, late on August 7. However, in a later article published on 6 November, The New York Times said that "neither Georgia nor its Western allies have as yet provided conclusive evidence that Russia was invading the country or that the situation for Georgians in the Ossetian zone was so dire that a large-scale military attack was necessary" and that the phone intercepts published by Georgia did not show the Russian column’s size, composition or mission, and that "there has not been evidence that it was engaged with Georgian forces until many hours after the Georgian bombardment." In a decree ordering the general mobilisation, which was published on 9 August, Saakashvili noted that the Russian troops had advanced through the Roki tunnel on 8 August, which was after the Georgian attack.

Russia says it acted to defend Russian citizens in South Ossetia, and its own peacekeepers stationed there. The Russian peacekeepers in South Ossetia suffered casualties during the initial Georgian artillery barrage on Tskhinvali and were besieged by Georgian troops for two days until a Russian unit broke through to their camp and started evacuating the wounded at 5 a.m. on 9 August. According to a senior Russian official, the first Russian combat unit was ordered to move through the Roki Tunnel at around dawn of 8 August well after the Georgian attack had begun. Defending Russia's decision to launch attacks on uncontested Georgia, Russian Foreign Minister Sergey Lavrov has said that Russia had no choice but to target the military infrastructure being used to sustain the Georgian offensive. Initially, Russia went as far as accusing Georgia of committing genocide against Ossetian noting that Georgia codenamed their attack "Operation Clear Field". Both was disputed by the independent EU commission, which found no evidence for the alleged genocide and ruled the extension of operations into uncontested Georgia illegal. Russia codenamed its operation "Operation Forcing Georgia to peace".

South Ossetia said that it called for Russian help once the Georgian bombardment of their capital city, Tskhinvali, started, in order to prevent genocide and was relieved when the 58th Army intervened to assist against, what Ossetians called "the most frightful fire". A Latin American journalist, Raul Fajardo who was visiting South Ossetia, stated: "I am confident that if it had not been for Russia and the courage of the Ossetian soldiers who defended their homeland, mankind would have regretted today the genocide of the Ossetian people, the irretrievable loss of the people with a unique history, traditions and culture".
South Ossetia further called into question Georgia's assertion that Russian Forces were bombing Tskhinvali, because the South Ossetian Minister of Defence, Vasiliy Lunev, was in command of the Russian Army after the wounding of Russian General Anatoly Khrulyov. South Ossetia stated that Saakashvili's brutal attack on their country is simply a continuation of Georgia's aggressive behavior, demonstrated in the 1920s, the early 1990s and Saakashvili's feeble attempt in 2004.

Further Research
Little War, Big Consequences -
Georgia's Breakaway Provinces -
War Between Russia and Georgia Orchestrated from USA -
Russian-Georgian Conflict goes Hollywood -
Pravda Newspaper -
Key Events Ahead of Russian Georgian Conflict -
Backstory of Russian Georgian Conflict -
Pay attention to the descriptions of these photos, which side do you think is writing these?