TBILISI – President Mikheil Saakashvili has admitted his party has lost Georgia’s parliamentary election, in a live TV announcement. He said the Georgian Dream bloc of his main rival, billionaire tycoon Bidzina Ivanishvili, had won Monday’s election. Victory for Mr Ivanishvili means the first democratic transfer of power in Georgia’s post-Soviet history. Mr Saakashvili, who…
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