Modi meets Gandhi on India tax deadlock

Hopes rise encounter could herald progress on business levy

French put energy into climate summit

World leaders urged not to repeat lack of decision in Copenhagen

The economist who thought big

Douglass North, healer of economic theory’s blind spots

Indonesian banks: under stress

Overcapacity and too much debt have put customers in trouble

Pope in plea for deal at climate summit

Pontiff warns in Africa of dire consequences of failure

French unemployment reaches record level

Extra 42,000 become unemployed in October, bringing total to 3.59m

Tensions over migration: Barbed rhetoric

Nationalism in central and eastern Europe is threatening EU unity

Argentina investors await Macri reforms

Market gains must be franked by new ‘pro-investment’ government

Russia hits Turkey with range of sanctions

Economic retaliation follows downing of military jet on Syrian border

Survey gloomy on refugee jobs in Germany

Employers say chances of hiring migrants are low

Plus ça change

Osborne’s talent for making more of the same feel less onerous

Billionaire banker arrested, Eagles of Death Metal describe Paris attack and ‘pawsthetics’

André Esteves arrested as part of Petrobras corruption probe

Billionaire arrest widens Petrobras probe

Esteves was face of Brazilian finance during boom years

How do Osborne’s sums add up?

Higher forecasts and taxes spare many departments

Osborne’s Britain is no country for young men

The overall direction is to skew the state towards older people

Osborne takes gentler route to same end

Chancellor’s starting points remain unchanged and questionable