The following are the top stories in the Maltese and overseas press:
The Times says that ‘Malta got its way’ in talks on an EU Immigration Pact.
The Malta Independent says Malta is fourth in potential to attract foreign investment.
l-orizzont reports how a Briton told the BBC that he spent two years in jail in Malta unjustly. He was caught with a large quantity of pills in his car.
In-Nazzjon says there was a unanimous vote in favour of Malta on the EU Immigration Pact. It also reports that Glen Bedingfield has confirmed his intention to stand in the casual election to succeed Joseph Muscat in the European Parliament.
The Press in Britain…
The Daily Telegraph reports the $700bn bank bailout plan to save the global economy from meltdown has been agreed by America's Congress.
The Daily Mirror uses one word "Phew" to emphasise how close the world were to catastrophe.
The Independent claims that an amendment in the bailout plan stipulates that bankers must have a limit imposed on their pay and bonuses.
The Times says that hopes are now high as the Americans agreed to rescue the banks.
According to The Guardian, Israel's prime minister asked President Bush for his support to launch a military strike on Iran's nuclear sites. The paper claims Mr Bush refused to back the plan over fears of retaliation by Iran in Iraq, Afghanistan and America.
Britain could be plunged into darkness this winter, claims The Daily Mail, as the National Grid warns of forthcoming power cuts due to energy shortages.
Metro carries the same story, saying with any cold snap during the winter, demand for power could exceed supplies and, apart from pushing up electricity prices, it may mean supplies being cut to factories and other heavy users.
The Daily Express claims a Government report confirms that millions of benefit claimants are better off living on handouts than getting a job.
And elsewhere…
Wall Street Journal reports that President Bush and the two rivals for his position have failed to reach agreement on an emergency financial bailout. Even before the meeting officially disbanded, Senator Richard Shelby, the ranking Republican member on the Senate banking committee insisted that alternatives must be considered before Congress is railroaded into rubber stamping the president's plan.
Sole 24 Ore leads with the signing of a proposed deal to rescue the Italian airline Alitalia. The leading union, CGIL, dropped its objections to the rescue plan following a meeting in Rome with representatives of the Italian investor group CAI.
Afghan Daily reports that US and Afghan troops have exchanged fire with Pakistani forces, after they shot at two US helicopters near the Afghanistan-Pakistan border. There were no reports of casualties.
Globe and Mail reports a former freedom fighter has been elected by the South African parliament to be the country's new president. The parliament chose Kgalema Motlanthe with 269 votes to 50 - but he is only expected to keep the role until ANC leader Jacob Zuma takes over in 2009.
Sudan Tribune confirms Sahara kidnappers holding 19 hostages, including 11 European tourists, have moved from Sudan into Libya. Sudanese officials monitoring the group said the group had crossed the border and was now just inside Libya.
The People’s Daily says China has stopped sales of popular sweets thought to contain contaminated milk as more countries around the world banned products ranging from yoghurt to biscuits.
The New York Times says the World Health Organisation and Unicef, the UN Children's Fund, have condemned China's contaminated milk crisis as deplorable and demanded tighter rules governing children's food.
European Voice reports that as the EU trade commissioner and China's commerce minister called for closer trade ties, the EU has insisted for tighter checks on other Chinese food products in the wake of the health scare.
Toronto Star reports that a 17-year-old has been convicted over participating in a terrorist group allegedly plotting to storm parliament, behead the prime minister and truck-bomb nuclear power plants and a building housing Canada’s spy service.
California Chronicle announces Governor Arnold Schwarzenegger has signed a law making it illegal to read or send text messages while driving in the state.
Jerusalem Post says Sir Paul McCartney brought his own message of peace to the Middle East as he played a concert in Israel for the first time in his career. Kicking off with Beatles song “Hello, Goodbye”, he told fans he was on a peace mission on behalf of the Israelis and Palestinians.