As per recent news reports a US RQ-170 drone was captured by Iran. Iran wants to put this along with some other captured drones on display. This brings to mind the Gary Powers U-2 incident. The Wikipedia article in fact mentions the RQ-170 below the main article. The Soviet Union is history today. American animosity of late has been focused on Iran. An interesting insight is that Iran seems to have been used by the US for military purposes. This was before the Iranian revolution where the Shah was removed and the current Islamic regime came into place.
Another thing that caught my attention was this article. Indian market faces "risk" of losing trillion dollar tag? I think we have much more important things to worry about than crossing a number, that too not in our own currency. We have inflation and corruption to begin with. Let these be addressed first. One thing which worries me is that no one (in the government) seems to be talking about long-term measures. When the issue is inflation the RBI is asked to tighten rates. What about supply-side measures? We are talking about the Food Security Bill. Where will we get the foodgrains (okay, these might be sufficient) and the funds to support this bill? The government seems to be going in for knee-jerk reactions. Will it address long-term issues also please?
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