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 Asian countries need to boost sales in Europe to maintain their impressive growth rates: a Chinese container ship in Hamburg harbor. Europe and Asia (ASEM) need to agree a new infrastucture for economic and financial reform – By Fraser Cameron
On Oct. 4 and 5, almost 50 European and Asian leaders will descend on
Brussels for the bi-annual Asia-Europe Meeting (ASEM). Together,
participants of ASEM represent half of the world’s GDP, almost 60
percent of the world’s population and more than 60 percent of global
trade.
These are impressive figures but ASEM’s track record of reaching
agreement on major issues over its 14-year existence is not. There were
more positive signs at the last summit meeting in Beijing in 2008 when
ASEM’s leaders had the first major discussion on how to contain the
global financial crisis. These discussions then fed into the G-20
summits which have replaced the G-8 as the main global economic
discussion forum.
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The “natural disasters” of this summer show that our political and economic model has reached its limits – By Harald Welzer
Here is the good news from the summer of 2010: The economic crisis has been overcome in Germany; automobile sales are booming, especially of luxury cars; German exports are reaching high levels thanks to the weak euro, and skilled and specialized workers, especially engineers, are in demand; BP has supposedly capped the oil bubbling up from the Gulf of Mexico, the DAX and the Dow are at permanently high levels.
THIS ARTICLE WILL BE AVAILABLE ONE WEEK AFTER PUBLICATION.
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Fourteen years after the end of the Balkan wars, former Yugoslavia is still a poster child for anti-war tourism – By Ruediger Rossig
German Foreign Minister Guido Westerwelle (FDP) made a three-day trip to the Balkans in late August. The European region is struggling with the political and physical legacy of conflict.
THIS ARTICLE WILL BE AVAILABLE ONE WEEK AFTER PUBLICATION.
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Hamburg’s new economics minister originally hails from Sri Lanka – By Peter Hubschmid
Ian Karan arrived in Hamburg in 1970 and went from dishwasher to multi-millionaire. But the major CDU donor has also supported some rather dubious political causes.
THIS ARTICLE WILL BE AVAILABLE ONE WEEK AFTER PUBLICATION.
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The prayer house was a magnet for extremists – By Paul Hockenos
After nearly nine years, the doors of the Hamburg prayer house that had been one of the incubators of the September 11 attacks are finally closed. But where are they meeting and scheming now?
THIS ARTICLE WILL BE AVAILABLE ONE WEEK AFTER PUBLICATION.
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Politics 
