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Article posted: 10/2/2012 10:29 AM

Georgian president concedes election

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Mikhail Saakashvili on Tuesday Oct. 2, 2012 has conceded defeat in the parliamentary election and says the opposition now has the right to form a government.

Associated Press

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Georgia's billionaire and opposition leader Bidzina Ivanishvili speak to the media during a news conference in Tbilisi, Georgia, Tuesday, Oct. 2, 2012. Georgian President Mikhail Saakashvili has conceded defeat in the parliamentary election and says the opposition now has the right to form a government.

Associated Press

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