"Were the Bush Administration to proceed with a policy of exposing American taxpayers to vast new liabilities to Moscow without first establishing the economic and financial risks inherent in doing so, it would be making an epic fiscal as well as political miscalculation, " said Frank J.
"Were the Bush Administration to proceed with a policy of exposing American taxpayers to vast new liabilities to Moscow without first establishing the economic and financial risks inherent in doing so, it would be making an epic fiscal -- as well as political -- miscalculation, " said Frank J.
In an unexceptional report warning that India could be the first Bric nation to lose its investment grade status, the agency's economists say Mr Singh "often appears to have limited ability to influence his cabinet colleagues and proceed with the liberalisation policy he favours".