Wall Street & Indian Nuclear Run

As  you are aware, sometimes before India has achieved a glorius victory in terms of NSG waiver though not being a part of the NPT. As a wayforwared to it India was supposed to sign a Nuclear Deal with White House for a number of services ranging from supplying Nuclear reactors to Nuclear fuels.

But as a recent wash our to Wall Street du to the break down of its three pillars (Lehman, AIG and Merryl Lynch) the US economy is becoming unstable. Hence, Bush administration may be eyeing for a bail - out package of this situation.

This may be a dangerous obstacle for India's Nuclear Pact, as only two days are remaining for US Congress goes on recess. The US Lasmakers will not reconvene untill next year. By that time, there will be a new Presidnet and a new Congress. Moreover, India's ruling coalition will be just months away from a general election. 

so, let's hope for the best and watch the development ! !