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

The Times says the trade fair at Naxxar has been denied a permit by the Trade Department. It also says that Duncan Petroni, a Maltese alleged cocaine dealer was arrested in Brazil.

The Malta Independent says the police are investigating irregularities in applications for government assistance for photovoltaic units.

l-orizzont says the newspaper It-Torca has won a libel case against Nationalist MP David Agius on appeal. It also reports that an Italian company which was supposed to have invested in Gozo has been taken to court for failing to pay wages.

In-Nazzjon leads with new investment in a maintenance centre for jet engines. It also says that 739 have found work thanks to the employment aid programme, which is now one year old.

The overseas press

Toronto Star leads with the weekend meetings between the leaders of the G-8 and G-20 nations, underway in Toronto, with banking reform and the global economic crisis are at the top of the agenda. The German Chancellor Angela Merkle said there was considerble mutual understanding between participnts that a stable growth was needed and should not be incompatible with austerity measures. She said in Germany's case, such measures would continue.

The Financial Times reports that at the G-8 summit, the US and Britain have urged other countries to live up to aid promises they made in 2005. As a group the countries have delivered also 20 billion dollars less than they pledged at a meeting in Scotland. The US, Britain and Canada met their pledges but Japan, France and Germany had fallen short.

Athens Post says the Greek government is proposing sweeping pension and labour market reforms which would raise the retirement age and make redundancies cheaper. The move sparked angry reactions from unions which have called a new general strike next week.

Strasbourg's Metro reports that the European Court of Human Rights has ruled that countries were not obliged to allow gay marriage. Rejecting a bid by an Austrian couple to force the state to let them wed, the court said their rights had not been violated by their inability to get married.

The Wall Street Journal quotes President Obama saying a sweeping overhaul of the rules governing the US banking industry would make Wall Street more accountable to the American people. The Banking Reform Bill, finalised by Congressional negotiators yesterday, would impose stricter regulations and create a new consumer protection agency.

Avvenire says the Vatican has expressed "astonishment" and "dismay" that Belgian police raided the home and former office of the recently-retired archbishop of Belgium as part of an investigation into child abuse by priests. The Vatican said the search was a violation of the confidentiality owed to victims of child abuse.

Meanwhile, Kentucky Times says the Vatican was asking a US federal judge to reject an attempt to question Pope Benedict under oath in a Kentucky sex abuse lawsuit. Attorneys for the Catholic Church said there has been no evidence of a link to church officials in Rome.

Al Jazeera reports the US-based group Human Rights Watch says Hamas militants were violating the rules of war by prohibiting a captive Israeli soldier 23-year-old Gilad Schalit - captured inside Israel four years ago - from having contact with his family and the Red Cross. The statement also noted Israeli violations of Palestinian rights but said violations by one side "do not justify violations by the other".

The Guardian quotes British Prime Minister David Cameron saying he wants British troops out of Afganistan by the time of the next general election in five years' time. He hoped the Afghans would be able to take charge of their own security by that time. By 2015, British forces would have been in southern Afghanistan for nine years.

El Universo says left-wing Latin American leaders at a summit in Ecuador have signed a declaration to promote indigenous rights. President Raphael Correa of Ecuador, Hugo Chavez of Venezuela and Eva Morales of Bolivia promised to work together to end centuries of discrimination against indigenous people.

Asia Times quotes the official North Korean central news agency announcing the ruling Communist party in North Korea would elect new leadership next September. It said the country was going through decisive changes - a statement seen by observers suggesting North Korea may be starting the process of power transition.

Los Angeles Times says on the first anniversary of the death of Michael Jackson, his father has charged the former pop-star's doctor of giving him a lethal dose of sedatives. Jackson's family and friends held candle-lit vigils at the cemetery where he is buried in Los Angeles.

Bild reports a 45-year-old American got so fed up with the constant droning from his neighbours' vuvuzela horns that he confronted his neighbours during yesterday's Netherlands-Cameroon game wielding an axe and threatened to kill them. German authorities took the US Army civilian employee into custody and turned him over to US military police. Prosecutors are considering whether to bring charges.

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