
Western-oriented President Mikheil Saakashvili on Tuesday conceded defeat in parliamentary elections, acknowledging the victory of a coalition led by an eccentric billionaire he has accused of being a Russian puppet.

Western-oriented President Mikheil Saakashvili on Tuesday conceded defeat in parliamentary elections, acknowledging the victory of a coalition led by an eccentric billionaire he has accused of being a Russian puppet.
Tens of thousands of Georgians rallied in the capital Sunday as the ex-Soviet state's richest man launched his bid to oust President Mikheil Saakashvili's governing party at elections later this year.