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PRESS DIGEST - Washington Post - Sept 25
25 Sep 2008 04:20:15 GMT
 Source: Reuters
WASHINGTON,Sept 25 (Reuters) - Washington Post included the following items on its front page on Sept. 25. Reuters has not verified these stories and does not vouch for their accuracy.

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President Bush said Wednesday that the credit crisis that had seized world markets could devastate the U.S. economy unless Congress acted quickly to approve a $700 billion bailout plan for the U.S. financial system.

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Sens. John McCain and Barack Obama will abandon the campaign trail Thursday for a bipartisan meeting at the White House, as the U.S. financial crisis roiled the presidential race and left the first debate between the nominees in limbo.

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NEW YORK - Republican presidential nominee John McCain is hoping that his abrupt decision to suspend campaigning, seek a delay of Friday's debate with Democrat Barack Obama and return to Washington to help prod negotiations over a financial rescue package will be seen as the kind of country-first, bipartisan leadership he believes Americans want.

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As the world watched Congress struggle with a plan to bail out the U.S. financial system, foreign leaders balked at similar fixes for their own economies, a few even dismissing the credit meltdown as an American problem.

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BAGHDAD - The Iraqi Red Crescent has been crippled by allegations of embezzlement and mismanagement, including what Iraqi officials call the inappropriate expenditure of more than $1 million on Washington lobbying firms in an unsuccessful effort to win U.S. funding.

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Iraqi Major General Qassim Atta (R), spokesman for Baghdad operations and Iraq's minister of immigration Abul Samad Abdul Rahman (2nd R) listen to a returning displaced resident during a tour of ...


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Last updated:Thu Sep 25 04:22:10 2008