France will help build $2.84 billion worth of resorts in the North Caucasus, according to an agreement the French and Russian presidents signed Thursday ahead of the official opening of the G8 summit in Deauville. “The presidents have decided to include the project of creating a tourist cluster in the North Caucasus among the priorities of the strategic partnership between the two countries,” Dmitry Medvedev and Nicolas Sarkozy announced in a joint statement. […]