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What The Papers Say - The Guardian

NEW YORK RESCUERS IN AFTERSHOCK DANGER

Rescue operations in New York were halted and emergency workers evacuated last night as one of the most potent symbols of US muscle, the 51-storey American Express building, was reported to be listing and becoming increasingly unstable.

BIN LADEN TERROR NETWORK ACTIVE IN 34 COUNTRIES

The enormity of the task facing the US and its allies in destroying the network of Osama bin Laden - officially declared last night the prime suspect behind the New York and Washington terrorist attacks - has been revealed in a report showing that his cells extend to 34 countries, including Britain.

DUNCAN SMITH IS THE NEW TORY LEADER

The Thatcherite right last night consolidated its grip on the Conservative Party when Iain Duncan Smith was comfortably elected to become the third leader of the beleaguered Tories in four years.

PRESSURE BUILDS FOR RATE CUT

The US Federal Reserve was under mounting pressure last night to bolster confidence in the damaged American economy by cutting interest rates before the New York stock exchange reopens.

LLOYD'S LIABILITY TOO COMPLEX TO QUANTIFY

Lloyd's of London has confirmed it faces massive claims from the World Trade Centre atrocity but says it is impossible to estimate the full extent of the financial losses because claims will be the most complex in history.

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