The more things change, the more they really do stay the same. For a while after the global crisis, we were told that the IMF had changed its position with respect to the strict and generally pro-cyclical measures it had been suggesting to countries in the throes of financial or balance of payments crisis. Their economists openly accepted the need for fiscal stimuli and generally counter-cyclical macroeconomic policies to combat the recession.

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Prof. Jayati Ghosh of Jawaharlal Nehru University, talks about the economic crisis in Europe and the knee-jerk reactions of the various ruling Govts.

The difference between the FTAs and the earlier trade talks under the WTO regime is that while the multilateral talks under WTO are relatively open with texts in the public domain, the FTA talks are shrouded in secrecy.

The India EU Free Trade Agreement (FTA) talks have been on for some time, as have been some other FTA talks -- notably Japan and Israel.

The difference between the FTAs and the earlier trade talks under the WTO regime is that while the multilateral talks under WTO are relatively open with texts in the public domain, the FTA talks are shrouded in secrecy.

Senior Political Analyst, Prof. Aijaz Ahmad analyses the UK Elections and the results. He points to what he calls the "Americanisation" of British politics today, talks about the similarity in position, among all the three major parties and what effect the financial policies of the parties in power, could have on British polity and society.

A short note on the debt crisis in Greece and the remedies offered.

Prof. Jayati Ghosh comments on the economic crisis in Greece and its implications for Europe.

Europe attempted to reassert its international leadership in the fight against global warming today, offering to slash its greenhouse gas emissions by up to 95% by 2050 and by 30% by 2020 if a climate change pact is sealed in Copenhagen in six weeks' time.

In voting George Papandreou's Socialists back into power, Greeks bucked a Europe-wide trend currently favouring the political right that is likely to be capped by a Conservative victory in Britain next year. But in terms of issues that most influenced voter choices, Greece's general election seems to have largely followed the pattern of other European polls.