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...President's nominees through the Judiciary Committee. Judge Priscilla Owen, a Bush pick for the federal circuit court, probably would have won confirmation by the full Senate had the vote ever come to the floor; majority leader Tom Daschle made sure it never did. "For a lot of our base voters, this is the biggest issue out there," says an outside adviser to Bush's political team. "If we don't deliver, they won't work as hard for us [in 2004]." The stakes are still higher, because Bush will probably have a chance to fill...
...Mecca, its passengers' plans remained a mystery. One military source says most of the men stayed in Bangladesh rather than merely transiting, although he adds it was not clear whether the group sought only refuge or planned to establish a new base of operations. On Sept. 24, a fuller picture finally began to emerge when Bangladesh's domestic intelligence agency arrested four Yemenis, an Algerian, a Libyan and a Sudanese at three houses in the upper-crust district of Uttara in Dhaka. Bangladeshi intelligence sources said they received information from "several" foreign agencies that the men?Abu Nujaid of Libya...
...Bangladesh, it is true, is no Afghanistan, or even Pakistan. For centuries, Bengalis have been united by a culture of tolerance that defies the familiar South Asian divide between Hindu and Muslim. After Sept. 11, the CIA did set up a new five-man base in Dhaka, but merely as part of a global policy of establishing a presence in all Muslim countries. The American intelligence community's view is summed up by one U.S. source who told TIME that Bangladesh is "not a real hot account." But Bangladesh also has its fundamentalists. And its southern coastal hills and northern...
...domestic equity market in 2000. With markets falling to 1997 levels, insurers are now caught in a downward spiral: the more equity prices fall, the more the value of their capital drops, creating intense pressure to sell. But unloading stocks simply makes prices fall, thus further depleting insurers' capital base. The alternative is to beg shareholders for fresh capital - as many insurers have been forced to do - and risk spooking investors. The result: a stream of bad-news announcements by insurers across Europe reporting losses, reduced payouts, layoffs, more than €5 billion in planned capital increases, denials of liquidity...
...invasion of Iraq could bring a tenfold increase in U.S. forces scattered across tiny Gulf kingdoms such as Kuwait, Qatar and Bahrain. The Pentagon already uses two Kuwaiti air bases and maintains a substantial ground force at that country's Camp Doha. Bahrain is home to the U.S. 6th Fleet, while Qatar hosts the biggest pre-positioned military hardware facility in the world - a brigade's worth of tanks, armored personnel carriers, ammo and other equipment. The United Arab Emirates and Oman have routinely allowed U.S. planes to come and go and may see a buildup of U.S. forces...