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Sunday, September 30, 2012 8:15 PM PDT

Today's Politics - Bloomberg News Headlines - Yahoo! News: Woods exits Ryder Cup the forgotten man Golf-Woods exits Ryder Cup the forgotten man Labour to impose "real" bank split if elected - Miliband Venezuela opposition mourns slaying of Capriles activists Labour urges government to spend 4G money on new homes Before first presidential debate, allies debate stakes Love stunned by U.S. Ryder Cup collapse Golf-Love stunned by U.S. Ryder Cup collapse Youths serving life without parole get second chance in California Venezuela opposition fumes about deaths of party activists Kenya navy shells Somali town after rebels retreat Ex-wrestler props up India's PM, but he may want the job Analysis: China slides faster into pensions black hole Son of China's Bo Xilai defends his father U.S. group urges $2 trillion alternative to fiscal cliff "time bomb" Palestinian authority aims to securitize $200 million of debt California bans gay "conversion" therapy for minors Georgia's Saakashvili challenged in parliamentary vote EADS, BAE chiefs tout merger, blast "misconceptions" Soccer-Leaders Olympiakos maintain 100 percent record Two Kenyan police shot dead near Somalia border Momentum shifts to Democrat in tight Wisconsin Senate race Third person dead from Venezuela election shooting: Capriles Militant group says it captured officers sent by Yemen to Syria Canada says it took Guantanamo detainee early after U.S. pressure Spain Popular approves capital hike of up to 2.5 billion euros: source Nearly half of Yemenis go hungry post-revolt, says WFP Egypt signs $1 billion Turkish loan deal Ten years later, DC sniper says he felt like "scum" Argentina president's image slides further as CPI, crime weigh Two Kenyan police officers shot dead near Somalia border Chavez to Obama: I'd vote for you, and you for me Two Americans killed in confused Afghan shootout Five things to watch in the presidential debate Muslim protesters torch Buddhist temples, homes in Bangladesh Azerbaijan eyes aiding Israel against Iran France's Hollande faces street protest over EU fiscal pact String of Iraq blasts kills at least 32 Kenya navy shells Somali town after rebels announce retreat Italy business lobby head against second Monti government Woods exits Ryder Cup the forgotten man Sun,30 Sep 2012 05:32 PM PDT Reuters - MEDINAH, Illinois (Reuters) - Tiger Woods exited Medinah Country Club the forgotten man on Sunday, denied the chance to become the U.S. Ryder Cup hero then handing Europe the outright victory to cap a dismal weekend. The Americans had started the last day with a commanding 10-6 lead but as the afternoon wore on and the advantage slowly slipped away, it appeared the Ryder Cup could come down to the final match between Italy's Francesco Molinari and Woods, leaving the 14-time major winner a shot at redemption for his miserable play. ... Full Story Top Golf-Woods exits Ryder Cup the forgotten man Sun,30 Sep 2012 05:30 PM PDT Reuters - MEDINAH, Illinois, Sept 30 (Reuters) - Tiger Woods exited Medinah Country Club the forgotten man on Sunday, denied the chance to become the U.S. Ryder Cup hero then handing Europe the outright victory to cap a dismal weekend. The Americans had started the last day with a commanding 10-6 lead but as the afternoon wore on and the advantage slowly slipped away, it appeared the Ryder Cup could come down to the final match between Italy's Francesco Molinari and Woods, leaving the 14-time major winner a shot at redemption for his miserable play. ... Full Story Top Labour to impose "real" bank split if elected - Miliband Sun,30 Sep 2012 05:28 PM PDT Reuters - MANCHESTER, England (Reuters) - Labour leader Ed Miliband launched an offensive against banks on Sunday ahead of his party's annual conference, promising a "real separation" of retail and investment banking and to raise the top rate of personal income tax. The Conservative-Lib Dem coalition government has said it will implement the recommendations of an independent review by Oxford University economist John Vickers into how banks should be structured in the wake of the global credit crisis. ... Full Story Top Venezuela opposition mourns slaying of Capriles activists Sun,30 Sep 2012 05:12 PM PDT Reuters - CARACAS (Reuters) - Venezuelan opposition leader Henrique Capriles demanded justice on Sunday for the shooting of three of his activists, while President Hugo Chavez promised to expand his socialist agenda if he wins next weekend's election. With a week to go, Venezuela's presidential race looks close and tensions are rising. On Saturday, gunmen killed three pro-Capriles activists in Barinas state - the worst violence of the campaign. ... Full Story Top Labour urges government to spend 4G money on new homes Sun,30 Sep 2012 04:19 PM PDT Reuters - MANCHESTER, England (Reuters) - The Labour Party will on Monday urge the government to build its way out of recession, using funds from the sale of the mobile phone spectrum to pay for more than 100,000 cheap homes and a stamp duty freeze for first time house buyers. Labour's finance spokesman Ed Balls warned there would be no "post-election spending spree" if the opposition party won the next election in 2015 and ruled out any pledges to reverse specific tax rises or spending cuts, instead promising to evaluate all spending across government departments. ... Full Story Top Before first presidential debate, allies debate stakes Sun,30 Sep 2012 04:16 PM PDT Reuters - WASHINGTON (Reuters) - Three days before the first presidential debate, allies of Barack Obama and Mitt Romney debated on Sunday how the encounter between the White House contenders will influence the U.S. election. In typical straight-talking fashion, New Jersey Governor Chris Christie predicted fellow Republican Romney's performance at Wednesday's debate would alter the course of the campaign, weeks before the November 6 vote. "This whole race is going to turn upside down come Thursday morning," Christie told CBS' "Face the Nation. ... Full Story Top Love stunned by U.S. Ryder Cup collapse Sun,30 Sep 2012 04:12 PM PDT Reuters - MEDINAH, Illinois (Reuters) - United States Ryder Cup captain Davis Love III was left stunned as Europe stormed back from a 10-6 deficit to steal the golden trophy from under American noses at Medinah Country Club on Sunday. While the European winners and their fans sang and celebrated in the twilight, the shockwaves of the loss washed over the U.S. team and the massive crowd of mostly American supporters that had come out on brilliant Autumn afternoon expecting to cheer a victory that had appeared in the bag. ... Full Story Top Golf-Love stunned by U.S. Ryder Cup collapse Sun,30 Sep 2012 04:09 PM PDT Reuters - MEDINAH, Illinois, Sept 30 (Reuters) - United States Ryder Cup captain Davis Love III was left stunned as Europe stormed back from a 10-6 deficit to steal the golden trophy from under American noses at Medinah Country Club on Sunday. While the European winners and their fans sang and celebrated in the twilight, the shockwaves of the loss washed over the U.S. team and the massive crowd of mostly American supporters that had come out on brilliant Autumn afternoon expecting to cheer a victory that had appeared in the bag. ... Full Story Top Youths serving life without parole get second chance in California Sun,30 Sep 2012 03:39 PM PDT Reuters - SACRAMENTO (Reuters) - California Governor Jerry Brown signed into law on Sunday a measure that grants juvenile offenders sentenced to life in prison without parole the chance to petition for their release after serving 25 years. Roughly 300 inmates in California's prison system have been sentenced to a lifetime behind bars for offenses committed as teenagers, according to the bill's sponsor, state Senator Leland Yee, a Democrat from San Francisco. Those inmates will now be eligible for parole after serving at least 25 years in prison. ... Full Story Top Venezuela opposition fumes about deaths of party activists Sun,30 Sep 2012 02:49 PM PDT Reuters - CARACAS (Reuters) - Venezuelan opposition leader Henrique Capriles demanded justice on Sunday for the shooting of three of his activists, while President Hugo Chavez promised to expand his socialist agenda if he wins next weekend's election. With a week to go, Venezuela's presidential race looks close and tensions are rising. On Saturday, gunmen killed three pro-Capriles activists in Barinas state - the worst violence of the campaign. ... Full Story Top Kenya navy shells Somali town after rebels retreat Sun,30 Sep 2012 02:23 PM PDT Reuters - MOGADISHU (Reuters) - Kenyan warships shelled the southern Somali port of Kismayu overnight after al Qaeda-linked rebels said they had abandoned the city, residents said on Sunday. Stunned by an assault by sea, air and ground forces late on Friday night, al Shabaab rebels fled the city that had been their key source of revenue, retreating to surrounding forests and towns. However, there were conflicting reports on Sunday evening about how much of Kismayu African Union forces (AMISOM) now controlled. ... Full Story Top Ex-wrestler props up India's PM, but he may want the job Sun,30 Sep 2012 02:12 PM PDT Reuters - LUCKNOW, India (Reuters) - As a former wrestler, Mulayam Singh Yadav has got India's government where he likes it - in a vice-like grip. The ructions over fresh economic reforms that reduced the ruling coalition to a parliamentary minority last month left Prime Minister Manmohan Singh dependent on this wheeler-dealer from the country's dusty northern plains. In an interview with Reuters, Yadav insisted there were no strings attached to his support for Singh's Congress party, just a desire to keep the opposition Hindu nationalist Bharatiya Janata Party (BJP) out of power. ... Full Story Top Analysis: China slides faster into pensions black hole Sun,30 Sep 2012 02:07 PM PDT Reuters - QINGHAI, LEDU COUNTY, China (Reuters) - Eighty-year-old Chinese farmer Guo Shuhe receives a state pension equivalent to just $9 a month, not enough to buy a month worth of groceries, but enough it seems, to risk punching a gaping hole in government finances. Guo, whose palms are thick and rough from a life spent hoeing fields in southwest China, is one of over 150 million people covered by a rapidly expanding rural retirement scheme which is accelerating the nation's slide into a pension crisis. ... Full Story Top Son of China's Bo Xilai defends his father Sun,30 Sep 2012 01:57 PM PDT Reuters - BOSTON (Reuters) - The Harvard-educated son of disgraced Chinese political leader Bo Xilai defended his father against charges of taking bribes and having improper sexual relationships, saying he believed in his father's good character. "Personally, it is hard for me to believe the allegations that were announced against my father, because they contradict everything I have come to know about him throughout my life," Bo Guagua said in a statement posted on the microblog site Tumblr. ... Full Story Top U.S. group urges $2 trillion alternative to fiscal cliff "time bomb" Sun,30 Sep 2012 01:55 PM PDT Reuters - WASHINGTON (Reuters) - The independent watchdog group Taxpayers for Common Sense will unveil a $2 trillion deficit-reduction proposal in hopes of averting an economic debacle at year's end known as the fiscal cliff. On Monday, the group plans to detail about 130 specific deficit-reduction steps the U.S. Congress could take to replace across-the-board spending cuts of $1.2 trillion that are scheduled to take effect on January 2. These would occur just as tax increases for all income groups are due to kick in. ... Full Story Top Palestinian authority aims to securitize $200 million of debt Sun,30 Sep 2012 01:54 PM PDT Reuters - KUWAIT (Reuters) - Palestinian authorities are aiming to securitize an initial $200 million of some $1.3 billion worth of government debt by the first quarter of 2013 to help reduce state borrowing from local banks, a top banker said on Sunday. "The Ministry of Finance is much more ready for securitizing the old debt rather than creating new debt, because we are not even rated," Palestinian Monetary Authority Governor Jihad al-Wazir said ahead of a Monday meeting of Arab central bankers in Kuwait. ... Full Story Top California bans gay "conversion" therapy for minors Sun,30 Sep 2012 01:36 PM PDT Reuters - SACRAMENTO (Reuters) - Governor Jerry Brown has signed a bill banning a controversial therapy that aims to reverse homosexuality in minors, his office announced on Sunday, making California the first state to ban a practice many say is psychologically damaging. The move marked a major victory for gay rights advocates who say so-called conversion therapy, also called reparative therapy, has no medical basis because homosexuality is not a disorder. ... Full Story Top Georgia's Saakashvili challenged in parliamentary vote Sun,30 Sep 2012 01:34 PM PDT Reuters - TBILISI (Reuters) - Georgians elect a parliament on Monday with tension high after a prison abuse scandal that has turned the vote into the biggest test of President Mikheil Saakashvili's grip on the Caucasus Mountain nation in nearly a decade in power. Saakashvili, a pro-Western leader who swept to the presidency after the bloodless Rose Revolution of 2003 and fought a five-day war with Russia in 2008, hopes to head off a challenge led by a once-reclusive tycoon with a fortune nearly half the size of the former Soviet republic's economy. ... Full Story Top EADS, BAE chiefs tout merger, blast "misconceptions" Sun,30 Sep 2012 01:11 PM PDT Reuters - PARIS/FRANKFURT (Reuters) - The bosses of EADS and BAE Systems sought to reassure investors over the benefits of their planned $45 billion merger amid what they described as "myths and misconceptions" over the creation of a pan-European defense giant. BAE Systems chief executive Ian King and Tom Enders, his counterpart at Airbus parent EADS, said in a joint newspaper article that the plan to join forces was born out of "opportunity, not necessity," and would create growth. ... Full Story Top Soccer-Leaders Olympiakos maintain 100 percent record Sun,30 Sep 2012 12:42 PM PDT Reuters - (repeats fixing slug) ATHENS, Sept 30 (Reuters) - Olympiakos Pireaus continue to set the pace in the Greek Super League after securing a hard-earned 1-0 win at Atromitos as Panathinaikos's struggles continued with a 0-0 draw and AEK Athens parted company with coach Vangelis Vlachos. Leonardo Jardim's Olympiakos made it five wins from five courtesy of Spanish midfielder David Fuster's first-half goal at the Peristeri Stadium on Saturday, keeping them three points ahead of Panionios who defeated AEK 1-0 on Sunday thanks to a 16th-minute strike by Leonidas Kabantais. ... Full Story Top Two Kenyan police shot dead near Somalia border Sun,30 Sep 2012 12:35 PM PDT Reuters - GARISSA, Kenya (Reuters) - Two police officers were shot dead in Kenya on Sunday in the northern town of Garissa close to the border with Somalia, police said, hours after a child was killed in a grenade attack on a church in Nairobi. Kenya has been hit by a series of grenade and gun attacks since it sent troops into Somalia last October in pursuit of Islamist al Shabaab militants whom it blamed for kidnapping its security personnel and Western tourists. ... Full Story Top Momentum shifts to Democrat in tight Wisconsin Senate race Sun,30 Sep 2012 12:30 PM PDT Reuters - WEST SALEM, Wisconsin (Reuters) - Fresh off a nasty battle to recall Wisconsin's governor in the spring, the state has another high profile political fight on its hands for the U.S. Senate. But after an expensive four-way Republican primary that he won narrowly, Senate candidate and former governor Tommy Thompson was left "broke" - forcing him to raise more money and campaign less. Poor polling for Republican presidential candidate Mitt Romney, who is an average of 8 points behind Democratic President Barack Obama in the state, has not helped. ... Full Story Top Third person dead from Venezuela election shooting: Capriles Sun,30 Sep 2012 12:25 PM PDT Reuters - CARACAS (Reuters) - A third opposition supporter has died from a shooting at a rally this weekend that was the worst violence of Venezuela's volatile election campaign, presidential candidate Henrique Capriles said on Sunday. "We are going to defeat violence in Venezuela," Capriles told a rally in Caracas, after confirming the third fatality in the confrontation at an opposition event in Barinas state on Saturday. (Reporting by Andrew Cawthorne; Editing by Jackie Frank) Full Story Top Militant group says it captured officers sent by Yemen to Syria Sun,30 Sep 2012 12:19 PM PDT Reuters - ABU DHABI (Reuters) - An Islamist militant group fighting President Bashar al-Assad's forces in Syria said in a video posted online on Sunday it had captured five Yemeni army officers sent by their government to help quell the Syrian uprising. The video by Al Nusra Front showed clips of five men in civilian clothes asking the Yemeni government to stop supporting the Assad regime. The authenticity of the recording could not immediately be verified. ... Full Story Top Canada says it took Guantanamo detainee early after U.S. pressure Sun,30 Sep 2012 11:49 AM PDT Reuters - OTTAWA (Reuters) - Canada, which allowed Guantanamo detainee Omar Khadr to be transferred to a prison in his homeland months earlier than expected, did so after pressure from the United States, Foreign Minister John Baird said on Sunday. Baird declined to comment on reports an angry Washington had insisted on Khadr's quick return after someone in Canada leaked a secret U.S. report on him. Khadr, 26, the youngest prisoner and last Westerner held in the Guantanamo military base, was sent back to Canada on Saturday to finish his sentence. ... Full Story Top Spain Popular approves capital hike of up to 2.5 billion euros: source Sun,30 Sep 2012 11:29 AM PDT Reuters - MADRID (Reuters) - The board of Spain's Banco Popular has approved a capital increase of up to 2.5 billion euros ($3.2 billion), a source close to the process said on Sunday. The bank's directors also agreed that Popular would remain independent rather than searching for a partner, the source said. Popular declined to comment. ($1 = 0.7773 euros) (Reporting and editing By Jesus Aguado, Writing by Paul Day) Full Story Top Nearly half of Yemenis go hungry post-revolt, says WFP Sun,30 Sep 2012 11:27 AM PDT Reuters - SANAA (Reuters) - Nearly half of Yemenis go to bed hungry every night as political instability compounds a global food and fuel price surge, giving the Arabian Peninsula state the world's third-highest rate of child malnutrition, the World Food Programme said on Sunday. Yemen has been in turmoil since last year's revolt against 33 years of rule by Ali Abdullah Saleh when already weak state control in outlying regions broke down as the army split into pro- and anti-Saleh factions and al Qaeda militants occupied some areas. ... Full Story Top Egypt signs $1 billion Turkish loan deal Sun,30 Sep 2012 11:23 AM PDT Reuters - CAIRO (Reuters) - Egypt signed a deal on Sunday to loan $1 billion from Turkey, half of the aid package Ankara promised Cairo earlier this month, Egypt's state news agency reported. President Mohamed Mursi signed the loan agreement with Turkish Prime Minister Recep Tayyip Erdogan after giving a speech at Turkey's ruling AK Party conference. "President Mohamed Mursi and Prime Minister Recep Tayyip Erdogan agreed on signing a loan worth $1 billion dollars from Turkey," MENA state news agency said, quoting Egypt's finance minister. It did not give further details of the agreement. ... Full Story Top Ten years later, DC sniper says he felt like "scum" Sun,30 Sep 2012 11:19 AM PDT Reuters - WASHINGTON (Reuters) - Convicted Washington sniper Lee Boyd Malvo said the devastated reaction of a victim's husband 10 years ago made him feel like "the worst piece of scum on the planet," The Washington Post reported on Sunday. In a rare interview, Malvo, 27, urged the families of victims to try to forget about him and his partner, John Allen Muhammad, so they can get on with their lives. Tuesday marks the 10th anniversary of the start of Malvo and Muhammad's deadly rampage in the Washington area. ... Full Story Top Argentina president's image slides further as CPI, crime weigh Sun,30 Sep 2012 10:48 AM PDT Reuters - BUENOS AIRES (Reuters) - Argentina President Cristina Fernandez's popularity continued its downward slide in September, sinking to 24.3 percent from 30 percent in August, according to a poll published on Sunday, as high inflation and worries over crime weighed. As recently as September 2011, a month before winning her second term, Fernandez had a 64.1 percent popularity rating while campaigning on promises of deepening the interventionist policy model of her late husband and predecessor as president, Nestor Kirchner. The 24. ... Full Story Top Two Kenyan police officers shot dead near Somalia border Sun,30 Sep 2012 10:45 AM PDT Reuters - GARISSA, Kenya (Reuters) - Two Kenyan police officers were shot dead and their rifles stolen on Sunday in the northern town of Garissa near the border with Somalia, police said. The killings came hours after a nine-year-old boy was killed in the capital Nairobi by a grenade attack on a church by suspected sympathizers of Somali al Shabaab rebels and days after Kenyan troops led an offensive against the insurgents in their last stronghold in Somalia. (Reporting by Abdisalan Mohamed; Writing by Duncan Miriri; Editing by Robin Pomeroy) Full Story Top Chavez to Obama: I'd vote for you, and you for me Sun,30 Sep 2012 10:43 AM PDT Reuters - CARACAS (Reuters) - With both presidents facing tight re-election fights, Venezuela's Hugo Chavez gave a surprise endorsement to Barack Obama on Sunday - and said the U.S. leader no doubt felt the same. "I hope this doesn't harm Obama, but if I was from the United States, I'd vote for Obama," the socialist Chavez said of a man he first reached out to in 2009 but to whom he has since generally been insulting. Chavez is running for a new six-year term against opposition challenger Henrique Capriles, while Obama seeks re-election in November against Republican candidate Mitt Romney. ... Full Story Top Two Americans killed in confused Afghan shootout Sun,30 Sep 2012 10:39 AM PDT Reuters - KABUL (Reuters) - Two Americans were killed in Afghanistan during an exchange of fire between NATO-led forces and the Afghan army that may have been the result of a misunderstanding, as the death toll of U.S. military and civilian personnel passed 2,000. A U.S. official, who asked not to be identified, said on Sunday that an American soldier and a civilian contractor had been killed in the incident in eastern Afghanistan, the circumstances of which remain unclear. ... Full Story Top Five things to watch in the presidential debate Sun,30 Sep 2012 10:36 AM PDT Reuters - WASHINGTON (Reuters) - The debate between President Barack Obama and Republican challenger Mitt Romney on Wednesday marks the first time the two candidates will be able to challenge each other directly on the economic issues that have been the focus of the presidential campaign. Viewers should be able to determine how each candidate fares by keeping an eye on the following five factors: * ROMNEY ON OFFENSE, OBAMA ON DEFENSE With less than six weeks to go until the election, Romney is under pressure to deliver a performance that shifts the momentum in his direction. ... Full Story Top Muslim protesters torch Buddhist temples, homes in Bangladesh Sun,30 Sep 2012 10:14 AM PDT Reuters - COX'S BAZAR, Bangladesh (Reuters) - Hundreds of Muslims in Bangladesh burned at least four Buddhist temples and 15 homes of Buddhists on Sunday after complaining that a Buddhist man had insulted Islam, police and residents said. Members of the Buddhist minority in the Cox's Bazar area in the southeast of the country said unidentified people were bent on upsetting peaceful relations between Muslims and Buddhists. Muslims took to the streets in the area late on Saturday to protest against what they said was a photograph posted on Facebook that insulted Islam. ... Full Story Top Azerbaijan eyes aiding Israel against Iran Sun,30 Sep 2012 09:46 AM PDT Reuters - BAKU (Reuters) - Israel's "go-it-alone" option to attack Iran's nuclear sites has set the Middle East on edge and unsettled its main ally at the height of a U.S. presidential election campaign. Prime Minister Benjamin Netanyahu exudes impatience, saying Tehran is barely a year from a "red line" for atomic capacity. Many fellow Israelis, however, fear a unilateral strike, lacking U.S. forces, would fail against such a large and distant enemy. ... Full Story Top France's Hollande faces street protest over EU fiscal pact Sun,30 Sep 2012 09:41 AM PDT Reuters - PARIS (Reuters) - Thousands of protesters marched through Paris on Sunday against a European fiscal pact, the first major display of public anger to face President Francois Hollande since his May election. The march organized by the Left Front coalition drew trade unionists, far-left sympathizers and other opponents of the EU accord, two days before lawmakers start to debate a draft law of the budget pact in the lower house of parliament. ... Full Story Top String of Iraq blasts kills at least 32 Sun,30 Sep 2012 09:24 AM PDT Reuters - BAGHDAD (Reuters) - Coordinated bomb attacks killed more than 32 people across Iraq on Sunday, the latest violence in an insurgency the government has failed to quell more than nine months after the last U.S. troops withdrew. Violence in Iraq has eased since the carnage of 2006-2007, but Sunni Islamists still launch frequent attacks to undermine the Shi'ite-led government's claim to provide security and prove they remain a potent threat. ... Full Story Top Kenya navy shells Somali town after rebels announce retreat Sun,30 Sep 2012 09:21 AM PDT Reuters - MOGADISHU (Reuters) - Kenyan warships shelled the southern Somali port of Kismayu overnight after al Qaeda-linked rebels said they had abandoned the city, residents said on Sunday. Stunned by an assault by sea, air and ground forces late on Friday night, al Shabaab rebels fled the city that had been their key source of revenue, retreating to surrounding forests and towns. The shells may have been targeting any remaining pockets of resistance or military installations in the city that was the rebels' last stronghold. ... Full Story Top Italy business lobby head against second Monti government Sun,30 Sep 2012 09:16 AM PDT Reuters - ROME (Reuters) - Italy needs a strong political government, not another technocrat administration when Prime Minister Mario Monti's term ends in the spring, the head of the country's main employers' confederation said on Sunday. Talk of Monti being reinstalled after the elections has been swirling in Italy and the prime minister said in New York on Thursday that if no clear winner emerges from the vote he would be willing to carry on if asked to. However, the unelected former European commissioner also made it clear that he would not be a candidate at the election. ... Full Story Top

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