The following are the top stories in the Maltese and overseas press.

The Times leads with the proposed new electricity and water tariffs, saying the social partners have warned that their introduction would cause economic shocks.

It also reports how the Chief Justice has imposed tougher bail conditions on four main from Nadur facing sexual assault charges, acknowledging that there appeared to have been an attempt to bribe the family of the 14-year-old victim into not pressing charges.

The newspaper also reports the start of the removal of caravans and structures from a site in Bahar ic-Caghaq.

l-orizzont leads with the 65th anniversary of the founding of the GWU, with the general secretary, Tony Zarb saying the union remained at the service of the workers.

It also reports complaints made by the social partners yesterday on the impact of the new tariffs and their view that there was no consultation about them.

In-Nazzjon also leads on the tariffs, focusing on a government statement that no decisions have been taken yet and the government has only announced options for consultation purposes. It also previews tonight’s Notte Bianca and it reports that the US House of Representatives yesterday approved the bailout plan.

The Malta Independent leads with the FOI warning that the new tariffs threaten thousands of jobs and also reports the removal of the caravans.

The Press in Britain…

The Financial Times reports that the US Congress passed the Bush administration’s $700bn financial rescue package after a tense week on Capitol Hill, but stocks fell sharply afterwards amid continuing turmoil in the credit markets.

The Daily Express says the $700 billion package means that struggling US banks will be shored up, with massive knock-on effects for the financial markets and, ultimately, hard-pressed families in Britain.

The Daily Telegraph quotes opinion polls that show some voters are starting to return to Labour amid the global financial crisis.

The Daily Mail says Gordon Brown hauled Labour back to its worst days of sleaze after he brought Peter Mandelson back for a jaw-dropping third job in the Cabinet.

The Guardian says Mr Brown has staked his premiership on Mandelson and resolving the economic crisis.

The Independent predicts the former EU trade commissioner will take up the role of Business Secretary – the job he held 10 years ago before his first resignation.

The Mirror says the return of Mandelson also marks the end of a feud with Mr Brown dating back more than a decade to when Mandelson supported Tony Blair to become Labour leader following the death of John Smith.

And elsewhere…

USA Today says political and financial leaders have vowed to act “as expeditiously as possible” to put the provisions of the economic rescue package into action

International Business Times says new US jobless data shows that employers shed 159,000 jobs in September in a further sign of a troubled economy.

Svobodnaya Gruziya reports that Georgia has denied any involvement in an apparent car bomb attack in the breakaway region of South Ossetia which killed seven Russian soldiers.

Syria has ruled out access to its military sites for United Nations nuclear investigators, Al-Thawra reports.

Meanwhile, the Washington Post says the United States' chief nuclear negotiator, Christopher Hill, has left North Korea without an agreement to halt reactivation of its nuclear programme.

The International Herald Tribune says children as young as three have been found abandoned at UK ports and airports.

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