By Jayati Ghosh*
Thursday, 17 April 2008
There is no doubt about it: the US financial structure is crumbling, possibly even collapsing. The collapse of a major Wall Street bank and the enormous bailouts that are being offered to financial institutions in the US by the US Federal Reserve are only symptomatic of the wider crisis created by the unravelling of the real estate boom based on dodgy lending practices.
Everyone knows that what has already come out is only the tip of the iceberg. The financial crisis has clearly spread quite dramatically: from "sub-prime" borrowers to "prime" borrowers; from bad mortgage debt to bad credit card debt; and from banks to hedge funds to insurance companies. There is no doubt that there is much more bad news to come within US markets. And most certainly, given the sheer size of the US system and the complex forms of financial pyramiding and entanglement with other financial structures in different countries, the global financial system will feel the impact.
Trade and Finance
Farm policy fails to address key issues
by Aparna Pallavi
March 15, 2008
http://www.indiatogether.org
A two-day seminar held recently in Mumbai brought together policy makers, bureaucrats, social workers, farmers, journalists, activists and researchers. Scrutinising farm policy in depth, they said that policy had failed to address some of the main challenges, reports Aparna Pallavi.
15 March 2008 - The recently declared Farmers Policy of the central government came up for strong criticism from all sides during a seminar held on 9-10 February in Mumbai. Speakers from various fields - policy makers, bureaucrats, social workers, farmers, journalists, activists and researchers - opined that the policy failed to address some of the main challenges before Indian farmers at this point of time. Focus on Global South, an NGO, organised the event.
March 15, 2008
http://www.indiatogether.org
A two-day seminar held recently in Mumbai brought together policy makers, bureaucrats, social workers, farmers, journalists, activists and researchers. Scrutinising farm policy in depth, they said that policy had failed to address some of the main challenges, reports Aparna Pallavi.
15 March 2008 - The recently declared Farmers Policy of the central government came up for strong criticism from all sides during a seminar held on 9-10 February in Mumbai. Speakers from various fields - policy makers, bureaucrats, social workers, farmers, journalists, activists and researchers - opined that the policy failed to address some of the main challenges before Indian farmers at this point of time. Focus on Global South, an NGO, organised the event.
The Way Forward for Agriculture in Maharashtra: 9-10 February 2008
Implications of the National Policy for Farmers, 2007
On 9th - 10th (Saturday-Sunday), February 2008,
Sachivalaya Gymkhana, Opposite Mantralaya, Mumbai
24th January 2008
Dear
The National Policy for Farmers, 2007, was announced in November last year with the stated aim of substantially improving the livelihood of peasants and agricultural labour in India. The policy is largely drawn from the final report of the National Commission on Farmers chaired by Prof. MS Swaminathan. In October 2006, the Commission had submitted a revised draft of the national policy in order to 'serve farmers and save farming'. The new policy is apparently aimed at improving farmers' productivity and profitability and providing an appropriate price policy and risk management measures. It also aims at improving the economic viability of farming by "substantially improving the net income of farmers" and seeing that the govt "ensure that agricultural progress is measured by the advance made in improving that income".
On 9th - 10th (Saturday-Sunday), February 2008,
Sachivalaya Gymkhana, Opposite Mantralaya, Mumbai
24th January 2008
Dear
The National Policy for Farmers, 2007, was announced in November last year with the stated aim of substantially improving the livelihood of peasants and agricultural labour in India. The policy is largely drawn from the final report of the National Commission on Farmers chaired by Prof. MS Swaminathan. In October 2006, the Commission had submitted a revised draft of the national policy in order to 'serve farmers and save farming'. The new policy is apparently aimed at improving farmers' productivity and profitability and providing an appropriate price policy and risk management measures. It also aims at improving the economic viability of farming by "substantially improving the net income of farmers" and seeing that the govt "ensure that agricultural progress is measured by the advance made in improving that income".
Which India, Mr Brown?
By John Hilary
The Guardian | January 21, 2008
Gordon Brown's focus on British interests threatens to condemn millions of poor Indians to despair
Yesterday saw the official start of Gordon Brown's visit to India, and the fourth top-level summit between our two countries. This is Brown's first visit as prime minister, and comes hot on the heels of his stay in China last week. The business delegation which has accompanied him hopes to sign deals worth billions of pounds during the stay, and Brown himself has highlighted the importance to the British economy of cementing links with the two Asian superpowers.
The Guardian | January 21, 2008
Gordon Brown's focus on British interests threatens to condemn millions of poor Indians to despair
Yesterday saw the official start of Gordon Brown's visit to India, and the fourth top-level summit between our two countries. This is Brown's first visit as prime minister, and comes hot on the heels of his stay in China last week. The business delegation which has accompanied him hopes to sign deals worth billions of pounds during the stay, and Brown himself has highlighted the importance to the British economy of cementing links with the two Asian superpowers.
'Divide and Rule' Manoeuvre Planned for WTO Doha Round?
Analysis by Aileen Kwa
GENEVA, Jan 24 (IPS) - Process issues have once again risen to the fore in the World Trade Organisation (WTO) as members brace themselves for the release of a new set of negotiating texts for agricultural and industrial tariff liberalisation at the end of this month or early February.
Delegates are concerned that WTO Director General Pascal Lamy might wrest the negotiation process out of the hands of the chairpersons of the negotiating groups when the texts become available, take control of the process and involve only a small group of delegations in the negotiations.
GENEVA, Jan 24 (IPS) - Process issues have once again risen to the fore in the World Trade Organisation (WTO) as members brace themselves for the release of a new set of negotiating texts for agricultural and industrial tariff liberalisation at the end of this month or early February.
Delegates are concerned that WTO Director General Pascal Lamy might wrest the negotiation process out of the hands of the chairpersons of the negotiating groups when the texts become available, take control of the process and involve only a small group of delegations in the negotiations.
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