FT: Future of NATO and challenges ahead

Last week Apr 02 - 04, NATO held the 20th annual summit in Bucharest, Romania. NATO's resources and the relationship among the alliance's member states are challenged by the mission in Afganistan.

Assertive and prosperous Russia of today is far from the bankruptcy, collapsed Ruble and anarchy of the 1990s. Russia sits on a reserve of over $500 billion in foreign exchange reserves thanks to record high prices on commodities such as oil, natural gas, nickel and aluminum.

On the other hand the United States economy is heading for a recession triggered by a serious credit crunch, the record high trade deficit, trillion dollars war in Iraq with a weaker internaltional credibility.
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Video source: FT.com

Category:

News & Politics

Tags:

• NATO
• Russia
• USA
• EU
• Germany
• Georgia
• Ukraine
• Putin
• Medvedev
• economy
• recession
• oil
• natural
• gas
• commodity
• trade
• Iraq
• credit

[alfa8]

I agree with Russia, and as for that NATO chick, she reminds me of those lying bitches from fox news.