The 2012 annual report for the UK's Counter-Terrorism (CONTEST) Strategy highlights the return on investment made in providing security for the Olympic Games. But success accrued at home must now be re-configured to meet the threat abroad.
The Obama Administration has announced a shift in emphasis for missile defence capabilities away from Europe to the US mainland. While this could help allay Russian concerns about the NATO system, Moscow's leaders may require more confidence-building measures.
UK defence spending was further squeezed in the 2013 Budget announcement. It is likely to face additional cuts for 2015/16 in the 2015 Spending Review. The defence budget for subsequent years may depend on how the 2015 Spending Review shares the burden of future austerity between expenditure cuts and tax rises.
The Cyprus financial crisis again begs the question: how long can the Euro-structure survive these periodic tremours, especially since every single shock which comes is bigger and has a deeper structural impact than its predecessor.