And in the meanwhile …

S&P downgrades India’s outlook

In yet another clear signal of India’s steadily weakening fiscal position, credit rating agency Standard & Poor’s (S&P) on April 25 slashed India’s longterm outlook from stable to negative and affirmed a BBB- rating.
S&P has also threatened to downgrade the country’s rating in the next two years if fiscal situation does not improve.

India positions as a military nuclear power

India is not a member of the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) or the Comprehensive Nuclear Test Ban Treaty (CTBT), though it is a state party to the Partial Test Ban Treaty (PTBT). New Delhi embarked on a nuclear energy program in 1948 and a nuclear explosives program in 1964.[1] The latter culminated in the May 1974 test of a « peaceful nuclear explosion. »[2] Following five nuclear tests in May 1998, India formally declared itself a nuclear weapon state.

April 20th, 2012

Is it how NATO would see Europe soon or later?

The Strategic Consequences Of The Euro-Crisis: Cracks In NATO, New Euro Map

« Europe is essentially on its own in a fundamental sense as the key nations of Europe seek to sort through the disaggregation of the Euro zone, and the shaping of a new political and economic map of Europe.

We see at least three key actors that will by their actions re-shape the European map.«