Press digest

The following are the top stories in the Maltese and overseas press: The Times reports how a ‘gay’ jibe man who ran down a tourist has walked free. It also gives prominence to comments by London Mayor Boris Johnson that London dumped the bendy buses on Malta. The Malta Independent says an EU Banking Union is unlikely by 2013. It also says that the PL has ruled out tabling a no-confidence motion. MaltaToday says that Austin Gatt is playing for time in parliament. l-orizzont says the Mayor of Gharb was allegedly been investigated for usury, along with his brother. In-Nazzjon reports on ‘abusive and mistaken’ leadership by Safi council. It also reports how a paralysed man is to give evidence at home. The overseas press European banks are in the midst of an emergency fire sale of assets worth more than €10,350 for each of Europe's 210 million households– meaning less money available to be lent to consumers, worsening the credit crisis. Bloomberg says the warning, from the International Monetary Fund in its Global Financial Stability Report, came 24 hours after it slashed its growth forecast for the world economy to just over three per cent for this year and the next. It said political...