The following are the top stories in the Maltese and overseas press:
The Times says the Eurozone economy is grinding to a halt. It also reports how the Hannibal Gaddafi family nanny has been brought to Malta for medical treatment.
The Malta Independent said a new foreign residents scheme will limit social cost liabilities.
l-orizzont reports that the resignation of Ian Castaldi Paris as president of the PN College of Councillors is the second high-profile resignation from the PN in a week.
In-Nazzjon quotes the Prime Minister saying Malta is commited to continuing to provide humanitarian aid to Libya.
The overseas press
Al Jazeera reports that British Prime Minister David Cameron and French President Nicolas Sarkozy have offered broad support for Libya's new rulers, promising to unfreeze billions in assets and give help in finding Muammar Gaddafi. They had private talks in Tripoli with the head of Libya's National Transitional Council Mustafa Abdul Jalil at Tripoli's Corinthia Hotel. Crowds in Benghazi gave them a rapturous welcome as Mr Cameron assured them that Britain and France would stand by them as they build their democracy and their country for the future.
Libya's interim authorities say their fighters have entered the coastal city of Sirte, one of the last places still loyal to former leader Col Muammar Gaddafi. A National Transitional Council spokesman told the BBC the fighters had breached Sirte's defences but were meeting heavy resistance and had been forced to withdraw a couple of kilometres in order to treat casualties. Ali Gliwan of the NTC told the Associated Press the fighters had advanced into Sirte city centre, where they clashed with snipers and an elite unit of pro-Gaddafi troops. Four NTC fighters had been killed and seven wounded.
Scandinavia Now says Denmark has elected its first female prime minister, ousting the right-wing government from power after 10 years of pro-market reforms and ever-stricter controls on immigration. The left-leaning bloc led by Social Democrat Helle Thorning-Schmidt was expected to gain a narrow majority in the 179-seat Parliament. Outgoing Prime Minister Lars Loekke Rasmussen admitted defeat and said he would present his Cabinet's resignation today to Queen Margrethe,
The Wall Street Journal announces that five central banks have acted to shore up confidence in Europe's financial system by giving its banks far greater access to US dollars. The European Central Bank said it will coordinate with the US Federal Reserve, the Bank of England, the Bank of Japan and the Swiss National Bank to offer the loans through the end of this year. The move buys time for banks that hold large amounts of debt issued by Greece and other financially troubled European countries.
Tribune de Genève reports that Switzerland's biggest bank, UBS, says unauthorized trading by an employee at its investment banking unit has led to an estimated loss of US$2 billion (€1.45 billion). The bank announced the loss in a brief statement just before the stock market opened on Thursday. "It is possible that this could lead UBS to report a loss for the third quarter of 2011. No client positions were affected," the statement said. In London, The Times says the police arrested a 31-year-old man in connection with the allegations.
Environmental News quotes scientists reporting that Arctic Sea ice melted this summer to the second lowest level since record-keeping began more than 50 years ago, mostly blaming global warming. The new measurements were taken by the National Snow and Ice Data Centre.
Corriere della Sera says prosecutors in Italy have charged eight people with supplying prostitutes for Prime Minister Silvio Berlusconi in the hope of gaining jobs, contracts or favours. The charges were made as investigators concluded an inquiry into a number of friends and associates of Mr Berlusconi in the southern city of Bari. The suspects are alleged to have procured young women for Mr Berlusconi as well as several other of his business associates. Mr Berlusconi has not been charged in connection with this investigation.