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Newspaper review: Wikileaks bombshell stuns press

Papers

The contents of thousands of secret US diplomatic memos uploaded to whistleblowers' website Wikileaks are splashed all over the front pages.

"One Tiny Memory Stick: One Big Headache For The United States". With these words, the Guardian sums up the impact of the leaks.

The first batch of memos includes scathing portraits of world leaders.

The Financial Times says the leaks have left the Obama administration "scrambling" to limit the damage.

The Independent focuses on the revelation that Hillary Clinton signed an order directing diplomats to gather personal details about key UN figures.

Revelations defence

It represents, the paper says, a "blurring" of diplomatic work and spying.

The founder of the Wikileaks website defends his decision to reveal the documents to the world.

Julian Assange tells the Times that the leaks improve our knowledge of "what is truly going on in the world".

The business pages are dominated by the news of the 85bn euro (£72bn) European rescue package for the Irish Republic.

One bond market professional tells the Daily Telegraph the deal will prevent a wider panic, which could threaten the entire European banking system.

The Times says the bail-out is like a large and expensive sticking plaster but a "blood transfusion" is needed.

The Financial Times says the deal is set to change the Irish banking market beyond recognition.

Sun charge

The Daily Mail reports on the strange tale of a Spanish woman who claims she has legally registered the sun as her property and plans to charge to use it.

Angeles Duran said international agreements that prevent countries from laying claim to stars or planets, did not apply to individual registrants.

Meanwhile Bernard McHugh tells the Sun he had a winning lottery ticket, but it got lost after he put it in the post.

He has his fingers crossed it will turn up - if he's right, it is worth £1m.

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