Action urgently needed to save the conditions under which markets – and civilisation itself – can operate, says senior Allianz figure The climate crisis is on track to destroy capitalism, a top insurer has warned, with the vast cost of extreme weather impacts leaving the financial sector unable to operate. The world is fast approaching temperature levels where insurers will no longer be able to offer cover for many climate risks, said Günther Thallinger, on the board of Allianz SE, one of the world’s biggest insurance companies. He said that without insurance, which is already being pulled in some places, many other financial services become unviable, from mortgages to investments. Continue reading...

Nearly 300 Federal Aviation Administration employees were fired just weeks after a midair collision over Washington, D.C., killed 67 people.

NSF fired 168 employees, leaving the agency less equipped to fund a wide range of scientific research.

In a sweeping and unprecedented letter issued over the weekend, the Office for Civil Rights declared race-based scholarships, cultural centers and even graduation ceremonies illegal.

Egypt's President Abdel Fattah al-Sisi will not travel to Washington for talks at the White House if the agenda includes U.S. President Donald Trump's plan to displace Palestinians from Gaza, two Egyptian security sources said.