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...Reid's comments forced Metlife to issue a press release insisting it was not the company Reid nearly outed. "The statement yesterday by Senate Majority Leader Harry Reid does not apply to MetLife," the release stated."MetLife is financially sound and has high ratings from all of the major insurance ratings agencies. MetLife is fully able to meet all its obligations...
...That show of decisive European unity was all the more important in the wake of Saturday's G7 meeting in Washington, where leaders said government intervention would be taken in all the world's major economies to prevent major banking failures and loosen frozen credit. It all proved enough for markets to take heart again, at least for now. By mid-morning, London's FTSE 100 was up 6%, Paris' CAC 40 rose 6.68%, and Frankfurt's DAX jumped 6.25% - a remarkable turn-around from last week's battering that ended Friday with losses of 7% to nearly 9%. Most...
...Vatican's standards for sainthood were formalized. A non-martyr would need to have performed four posthumous miracles, usually spontaneous healings. (Today, the church requires a team of doctors to verify their veracity and prove that miraculous healings were not the result of modern medicine.) The process included two major steps: beatification, the pope's recognition that a person is worthy of consideration, which begins a lengthy investigation process; and canonization, the pope's formal recognition that a person is truly a saint. In each case the argument for sainthood would be rebutted by a Devil's Advocate, a person...
...year in which violence has reached its worst levels since the U.S. invasion of the country in 2001, he voiced concerns that next year in Afghanistan could be even worse. His fears echo a nearly completed U.S. National Intelligence Assessment that has described a "downward spiral" in Afghanistan unless major improvements are immediately implemented. Meanwhile, the Bush Administration has launched a major review of its Afghanistan policy just as new ground-based intelligence indicates that this winter may not yield the expected lull in fighting that would have allowed a deployment of extra troops to wait until the spring...
...While the relationship between the Taliban and al-Qaeda has frayed over the years, bin Laden's group is still a principal financial supporter, and as such would have input on major decisions that the Taliban make. Needless to say, it will be impossible for any negotiations to take place unless the Taliban renounce all ties with the terrorist group. That's an unlikely scenario, says Zaeef. "I am not sure the Taliban will say to al-Qaeda, 'Leave the country and don't support us,' because there is no one else funding the Taliban, so there...