Tuesday's papers

The Prime Minister travels to Washington after another day of turmoil on the financial markets.The Times says that he sought a decisive break with the Bush-Blair era by heralding a special relationship that places economic harmony ahead of military cooperation.

The Guardian says that he will today urge Barack Obama to join forces in a concerted effort to prevent global depression as the first talks between a European leader and the new US president take place against a backdrop of deepening financial chaos.

The Telegraph reports that whilst billions of pounds have been wiped off the value of Britain's leading companies after losses at HSBC and AIG drove share prices to a six-year low. in an interview with the paper,the Chancellor concedes that there are a “lot of lessons” for the Government to learn from the events that led to the downturn and concludes that the regulation of banks has been a failure.

The Express also looks at the economy.It says

HARD-WORKING Britons were last night facing a devastating impact on their pension funds as £50billion was wiped off the stock market in another Black Monday.

The Guardian leads though with Afghnistan where it reports that three rival Pakistani Taliban groups have agreed to form a united front against international forces in Afghanistan.The paper adds it has

learned that three of the most powerful warlords in the region have settled their differences and come together under a grouping calling itself Shura Ittihad-ul-Mujahideen, or Council of United Holy Warriors.

The Independent leads with the story that the Science Museum, is embroiled in a row last night after being accused of promoting Israeli universities whose research was used in the country's military campaign in Gaza.

The Mail finds another problem for our social services.

A foster couple took in a homeless teenager in the hope that he would be a 'big brother' to their two children.
But social workers failed to tell them that the 18-year-old had a history of alleged sex attacks on youngsters.
He went on to rape their two-year-old son and molest their daughter aged nine.

Finally it is university challenge that makes many of the front pages as the Times reports that Gail Trimble and her Corpus Christi College, Oxford, teammates were stripped of their title after it became clear that one of the side was ineligible. The paper adds that

The BBC and Granada, the programme makers, announced that they had “no choice” but to award the trophy to the Manchester University team, who had been overwhelmed by 275 points to 190 by Corpus Christi in the competition’s grand final.