We talk to Dr. Thomas Straubhaar, director and spokesman for the board of the Hamburg Institute of International Economics (HWWI).
The world's poor are being encouraged to take out insurance against climate-related disasters. But as the logic of some schemes unravels, those who profited least from fossil fuels are left paying for their damage.
The European Central Bank looks has removed a key pillar of its support for the euro area economies. At their final policy meeting this year, ECB governors announced the end of their bond-buying program.
A parliamentary committee has criticized MI5 and London police for failing to adequately deal with Salman Abedi. The British citizen killed 22 people when he detonated explosives outside an Ariana Grande concert.
Chancellor Merkel countered a storm of accusations and scorn from the far right in her first parliamentary speech since announcing this would be her last term. She also emphasized the value of international cooperation.
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