It looks like all of the Soviet republics (except Moldova) exist and are independent. It also looks like the Kaliningrad enclave exists.
Portugal has the pre-WWI German African possessions. Belgian Congo looks independent as well. Italy has Tunisia.
Portugal has Bombay.
It looks like Germany wins at Stalingrad, allowing more reinforcements to be sent to North Africa. England makes peace with Germany in order to hold onto its colonies in India and the Mid-East--especially the Suez Canal.
The American landing in North Africa are a dismal failure, leading FDR to put even more resources into the atomic program. By the time the first A-bomb is ready, Germany holds all of the Western Soviet Union.
The US starts flinging nukes around and France, Portugal, Italy and Spain ally themselves to the US. After Germany and Japan surrender, the US uses the nuke-threat to force the Bolsheviks from power.
England still winds up giving up India, but in the ensuing civil war, Portugal and Italy see thier chance to grab some territory. The Portagee successfully capture Bombay but the Italian expeditionary force is defeated and retreats into Bhutan. The US allows Portugal and Italy to hold onto what they captured but tells them to butt-out otherwise.