the world's most expensive road accident

TODAY'S NEWSPAPERS

The Government's initiative to break the Parliament logjam on the 'FDI in Retail' issue, is extensively covered by the Press. The Asian Age writes "Conciliation and not confrontation appears to be the new mantra of the government, as crisis managers call an all party meeting on December 7". The Mail Today writes that the Opposition is insisting on a 'roll back and not a hold back'.

"Rebuilding of Afghanistan must go on: India" - writes the Tribune, covering Foreign Minister SM Krishna's address at the International Conference on Afghanistan. He said, 'The International Community must ensure that as it reduces its military commitment, it increases its economic commitment to Afghanistan.

The Mail Today writes that Sharad Yadav, President of the Janata Dal (United) has alleged that a 'Bellary-like mining scam' is underway in Madhya Pradesh, with rampant mining in mineral rich Jabalpur, Katni, Satna, Sidhi and Singarauli districts.

"France, Germany for new European treaty", reports the Financial Express. The paper goes on to say that German Chancellor Angela Merkel and French President Nicolas Sarkozy pushed for a re-write of the EU's governing treaties to tighten economic cooperation.

The Hindustan Times has a photograph of what could be the world's most expensive road accident, with a pile- up in Japan worth 4 million dollars - of super cars including 8 Ferraris, 2 Mercedes Benzes and a Lamborgini.