
A Safety Net For Global Capitalism - Inside Munich Re, The World's Risk Center When natural disasters, like floods in Pakistan or earthquakes in Haiti, strike, Munich Re, the world's largest reinsurance company, ends up paying part of the bill. Munich Re offers capitalism a safety net, and no other company is more familiar with life's risks. At least 1 dead in second day of Mozambique riots At least one person was killed Thursday as riots in the southern African nation of Mozambique continued into a second day, Deputy Justice Minister Alberto Nkutumula said in a televised news conference. “Re-Et Tu” Swag Awards “A journalist is the look out on the ship of the state. He or she notes the passing sail, the little thing of interest that dot horizon in fine weather. He or she reports the drifting castaways whom the ship can save. He or she peers through the fog and storm to give warning of dangers ahead. Island evacuations start as Earl nears East Coast Hurricane Earl steamed toward the Eastern Seaboard early Thursday as communities from North Carolina to New England kept a close eye on the forecast, worried that even a slight shift in the storm's predicted offshore track could put millions of people in the most densely populated part of the country in harm's way. Making the most of our Vermont Guard embed in Afghanistan Being embedded with the Vermont Guard means we're going to be living, eating and traveling with them — and depending on them to keep us safe.

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Mexican clash 'kills 27 gunmen' The Mexican army says it has killed 27 suspected drug gang members in a clash near the US border, hours after the country's president insisted the war against the cartels would continue. Middle East talks 'constructive' Israeli and Palestinian leaders meet in Washington for the first direct peace talks in nearly two years and agree a framework for negotiations. Pakistan trio hit by ICC charges The International Cricket Council charges three Pakistani cricketers under its anti-corruption code in the wake of an alleged betting scam. Earl weakens as it nears US coast Hurricane Earl weakens as it nears the US East Coast, though officials warn it remains "large and powerful". India Maoists 'kill policeman' Maoist rebels in the Indian state of Bihar say they have killed one of four policemen they have been been holding hostage.

BP Says Limits on Drilling Imperil Oil Spill Payouts The company, which had committed to setting aside $20 billion for damage claims and penalties, says proposed legislation could disrupt those efforts.
  New Yorkers Want Islamic Center Moved, Poll Finds The poll indicated that support for a center planned near ground zero is tepid in its home town.
  Depositors Panic Over Bank Crisis in Afghanistan Afghanistan’s top bank official tried to calm fears of a meltdown at Kabul Bank, while scores of Afghans were unable to withdraw money from the bank.
  Mideast Experts Fear Peace Talks Are Too Ambitious Some veteran peace process practitioners say Israel and the Palestinians should first aim for a partial solution because the gaps between the positions are too wide.
  Hurricane Earl Starts Bearing Down on Carolina Coast The storm closed in on North Carolina Thursday evening, pelting the state with rain and wind as towns braced for Earl’s devastating force.
 
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