groovychk | Russia digging in

MOSCOW, Aug 26, (Thomson Financial) - Russia is not afraid of a new Cold War taking hold and is ready for "anything," Russian President Dmitry Medvedev said on Tuesday in a television interview.

"We're not afraid of anything (including) the prospect of a Cold War. Of course we don't need that ... Everything depends on the stance of our partners and the world community and our partners in the West," Medvedev told the Russia Today channel in comments translated into English.

Asked whether Russia was ready for the consequences of recognising Abkhazia and South Ossetia, Medvedev said: "If they want to preserve good relations with Russia, they will understand the reason for taking such a decision and the situation will be calm."

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Kicking it up another notch.

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Russia digging in

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