It's a disappointingly small event of just four players, but three of the four are among the elite: Fabiano Caruana, Veselin Topalov and Vassily Ivanchuk, together with local star Liviu-Dieter Nisipeanu*, face off in this double-round robin tournament in Bucharest, Romania. The first round is underway, and both games have just entered the second time control. Topalov has White against Caruana and is up two pawns, but it looks like Caruana has enough counterplay to draw. Ivanchuk is also up two pawns with White, but despite the opposite-colored bishops it doesn't look as though Nisipeanu should be able to save the game.
* Nisipeanu is a great player by practically any standard, but is a heavy underdog in this field.