Today’s Top World News from The Washington Post





Today’s Top World News from The Washington Post  

-In Bolivia, miners pick away at Rich Mountain, but it takes back its own toll--The tunnel grew darker and more claustrophobic, the air harder to breathe. But Daniel Cruz trudged deeper into the bowels of a mountain where thousands of miners toil and countless more are entombed, casualties of a centuries-old lust for silver. Behind him followed five foreign tourists, outfitted in hard hats with headlamps, here to see an anachronism in the 21st century, medieval mining in the Rich Mountain of Potosi. This cone-shaped peak is at any given moment home to as many as 16,000 shirtless miners, straining in dark caverns with picks, shovels, their own brute strength but little else, reports Juan Forero: http://www.washingtonpost.com/world/the_americas/in-bolivia-miners-pick-away-at-rich-mountain-but-it-takes-back-its-own-toll/2012/09/25/5f6aac74-01d0-11e2-bbf0-e33b4ee2f0e8_story.html

-Former PM Abe wins vote to head Japan’s main opposition party, eyes winning back power--Poised to soon reclaim power, Japan’s main opposition party on Wednesday elected as its leader a failed former prime minister whose sharp nationalist bent figures to strain already-damaged relations with neighbors China and South Korea. With his selection as the Liberal Democratic Party (LDP) president, Shinzo Abe, 58, is now the odds-on favorite to become Japan’s next prime minister as it grapples with a flagging economy and a series of fierce territorial disputes, reports Chico Harlan: http://www.washingtonpost.com/world/former-pm-abe-wins-vote-to-head-japans-main-opposition-party-eyes-winning-back-power/2012/09/26/72613a78-07c0-11e2-a10c-fa5a255a9258_story.html

-At U.N., Qatar emir calls on Arab nations to intervene in Syria--The emir of Qatar called on Arab nations Tuesday to form a political and military coalition to intervene in Syria to stop the bloodshed there, posing a direct challenge to U.N. efforts to resolve the conflict through negotiations. “We have used all available means to get Syria out of the cycle of killing, but that was in vain,” the emir, Sheik Hamad Bin Khalifa al-Thani, said in an address to the U.N. General Assembly. “In view of this, I think it is better for the Arab countries themselves to interfere out of their national, humanitarian, political and military duties and do what is necessary to stop the bloodshed in Syria,” reports Colum Lynch and Anne Gearan: http://www.washingtonpost.com/world/national-security/at-un-qatar-emir-calls-on-arab-nations-to-intervene-in-syria/2012/09/25/4bf05a9e-0758-11e2-a10c-fa5a255a9258_story.html

-Foxconn riot in China seen as likely to recur--The factory riot that hit one of world’s largest electronics manufacturers this week in northern China was rooted in growing economic pressure and impatience with poor work conditions among the country’s vast pool of migrant workers, analysts say, adding that if grievances remain unaddressed, such incidents are likely to increase. The riot, which began late Sunday, involved nearly 2,000 workers at a facility of Foxconn, a Taiwan-based manufacturing giant, which temporarily shut down the factory in response. The latest unrest coincides with signs of a slowdown in the Chinese economy, as well as the launch of a new iPhone by Apple, which depends on Foxconn as its main Chinese supplier, reports William Wan: http://www.washingtonpost.com/world/asia_pacific/foxconn-riot-in-china-unlikely-to-be-the-last-experts-say/2012/09/25/1e6828b8-071c-11e2-afff-d6c7f20a83bf_story.html

POLITICS

- Obama showering Ohio with attention and money--After President Obama pledged in March to create up to 15 manufacturing centers nationwide, the first federal grant went to a place at the heart of his affections: Ohio. When the Obama administration awarded tax credits to promote clean energy, the $125 million taken home by Ohio companies was nearly four times the average that went to other states. And when a Cleveland dairy owner wanted to make more ricotta cheese, he won what was then the largest loan in the history of the U.S. Small Business Administration. “One of the tastiest investments the government has ever made,’’ the president joked as he mentioned the dairy and other businesses his administration has helped in the state, reports Jerry Markon and Alice Crites: http://www.washingtonpost.com/politics/decision2012/obama-showering-ohio-with-attention-and-money/2012/09/25/8ab15a68-019e-11e2-b260-32f4a8db9b7e_story.html

-POST POLLS:  Post polls: Obama has lead in Ohio, edge in Fla., hampering Romney path to victory-President Obama is threatening Mitt Romney’s best route to victory in the electoral college, grabbing a significant lead over his Republican challenger in Ohio and a slender edge in Florida, according to two new polls by The Washington Post. Democratic candidates have even larger leads in the Senate races in those two states, according to the polls. Together, the results suggest that with six weeks left until the election, Democrats hold significant advantages in some important battlegrounds. In the presidential race, Obama is ahead of Romney in Ohio by 52 percent to 44 percent among likely voters, reports Dan Balz and Jon Cohen: http://www.washingtonpost.com/politics/decision2012/washington-post-poll-obama-lead-in-ohio-edge-in-fla-narrow-romneys-path-to-victory/2012/09/25/aba76e22-068c-11e2-afff-d6c7f20a83bf_story.html

-Mitt Romney, back in battleground Ohio, tries to make up lost ground--Republican presidential candidate Mitt Romney returned to Ohio on Tuesday to kick off a bus tour across this critical battleground state in a push to make up ground that he has lost to President Obama. With polls showing Obama enjoying a clear advantage in Ohio, Romney and his running mate, Rep. Paul Ryan (Wis.), began two days of retail campaigning with a joint rally here at Dayton International Airport. Standing in front of their campaign planes, and joined by tea party star Sen. Rand Paul (Ky.), the Republican ticket painted a dramatic contrast with the Obama administration — on their tax plans, on trade policies with China and on the size and role of government, reports Philip Rucker:
http://www.washingtonpost.com/politics/decision2012/mitt-romney-back-in-battleground-ohio-tries-to-make-up-lost-ground/2012/09/25/4578d860-0732-11e2-afff-d6c7f20a83bf_story.html

-THE ROOT: Will Obama Talk Black Single Parenthood?--Next to his convention speeches and inaugural address, one of President Obama's most memorable speeches to date has been the one he delivered on fatherhood. On the Father's Day before the 2008 election, he won applause from conservative corners, and some high-profile criticism from others, for his candid discussion of the need for more accountability from fathers. "If we are honest with ourselves, we'll admit that what too many fathers ... are is missing -- missing from too many lives and too many homes. They have abandoned their responsibilities, acting like boys instead of men. And the foundations of our families are weaker because of it. You and I know how true this is in the African-American community," said then-Sen. Obama, reports Keli Goff: http://www.theroot.com/views/when-will-obama-tackle-black-single-parenthood

BUSINESS

-As crisis eases, is the worst over for the euro zone?--Spain’s stock markets have surged in the past month, and the interest rate its government pays to borrow money has dropped. The latest data indicate euro-region banks and corporations are able to raise money more easily from private investors. Snapshots to be sure, but there is a building sense that recent steps by the European Central Bank and European officials have put a floor under the euro zone’s festering crisis and begun restoring confidence that the currency union won’t crack apart. Plenty remains to be done. Spain will release critical details of its upcoming budget and a pending bank rescue program this week, politically sensitive announcements that triggered large protests in Madrid on Tuesday in opposition to continued government austerity programs, reports Howard Schneider: http://www.washingtonpost.com/business/economy/as-euro-crisis-eases-is-the-end-in-sight/2012/09/25/654180f2-074b-11e2-a10c-fa5a255a9258_story.html

-CFPB finds discrepancies in credit scores provided by credit bureaus--Credit bureaus sometimes provide Americans with credit scores that are different from those that lenders use in deciding whether to offer a loan and at what interest rate, the government’s consumer watchdog found in a study released Tuesday. Researchers at the Consumer Financial Protection Bureau found that the discrepancy happens for as many as one in four people. The consumer agency issued the study five days before it will begin supervising credit-reporting firms. That will give the bureau oversight of about 30 companies that make up the majority of the $4 billion industry, reports Danielle Douglas: http://www.washingtonpost.com/business/economy/cfpb-finds-discrepancies-in-credit-scores-provided-by-credit-bureaus/2012/09/25/32f9fd9a-0728-11e2-858a-5311df86ab04_story.html

-Why your house is worth more (or less)--Home prices are on the rise again, a key index released Tuesday morning confirmed, with housing values up 0.44 percent in 20 major cities in July, as measured by the Standard & Poor’s/Case-Shiller index. But that report, which also showed a 1.2 percent gain over the past year, masks a housing market that is flashing wildly different signs in different places in the United States, from down 9.9 percent in Atlanta to up 16.6 percent in Phoenix, reports Neil Irwin: http://www.washingtonpost.com/business/economy/why-your-house-is-worth-more-or-less/2012/09/25/3b0816ac-070a-11e2-858a-5311df86ab04_story.html

-Sheila Bair, in new book, faults Obama and Bush advisers during financial crisis--The Obama and Bush admin­istrations largely ignored the needs of beleaguered homeowners while focusing too narrowly on the well-being of Wall Street during the worst financial crisis since the Great Depression, according to a new book by a top participant in the government’s response. The book, “Bull by the Horns,” by former Federal Deposit Insurance Corp. chairman Sheila Bair, says both administrations’ top advisers paid little more than lip service to helping borrowers at risk of foreclosure, instituting programs they knew were likely to fail and ignoring her recommendations about how to improve them, reports Zachary A. Goldfarb and Brady Dennis: http://www.washingtonpost.com/business/economy/sheila-bair-in-new-book-faults-obama-and-bush-advisers-during-financial-crisis/2012/09/25/dd84c412-0731-11e2-afff-d6c7f20a83bf_story.html


 














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