Meanwhile, the FT carries an interview with Mr Greenspan in which he predicts that US house prices could fall by more than 10%. The paper also reports that Mr Greenspan regards the Iraq war as being "largely about oil", noting that he has become the "highest official in American government at the time of the Iraq conflict to publicly accuse President Bush of going to war over oil".
In his memoirs, he says the Labour government has continued the economic approach of Margaret Thatcher. It says the "economic guru" Alan Greenspan has complimented Gordon Brown for turning Britain into "the most open economy in the world". While the government's handling of the economy is bashed by the Mail's Phillips, the paper's news pages report that the former head of the US Federal Reserve has praised the same thing. * Mail: Why we're all to blame for the Northern Rock crisis "From the individual consumer living on easy credit to a government presiding over record levels of national debt, we have been kidding ourselves that we can live indefinitely in never-never land," she says. She says the government has done nothing to "stop the rot" of rising personal debt and "penalised.
However, Mr Cameron's theme is echoed by Melanie Phillips in the Daily Mail. "For a man who was an adviser in the Treasury at the time of Black Wednesday, it was laughable for Cameron to be giving advice about the economy," its leader says. The government-loyal Mirror accuses him of "scaremongering" by using the problems at Northern Rock to suggest the economy is on the brink of collapse. "Though the current crisis may have had its trigger in the US, over the past decade the gun has been loaded at home," Mr Cameron said in article in the Sunday Telegraph. Many of the papers also report that the Tory leader, David Cameron, is trying to make political capital out of the crisis. "Ministers are privately concerned about the impact on Labour's poll ratings of pictures of long queues of savers outside the bank's branches," it says. The paper's news coverage says the turmoil has ended speculation about a snap general election this autumn. Behind him, Gordon Brown is lying on the beach, apparently oblivious to gathering storm clouds and a drowning bather. He depicts the chancellor, Alistair Darling, holding a flaccid stick of northern rock in a suggestive position. The Guardian cartoonist Martin Rowson turns to the humour of saucy seaside postcards to examine the political impact of the crisis. The paper says "regulators, government and bank officials" are trying rescue the ailing mortgage lender "before panic among its customers leaves it beyond salvage". The Times leads with attempts to organise a takeover of Northern Rock before it is too late. * Mail: At least 10 Britons feared dead in Thai jet inferno * Telegraph: 10 Britons feared dead in Thai plane crash * Mirror: 10 Brits killed in Thai crash horror
There was a man behind us and he was on fire." "My wife was semi-conscious and I dragged her out of the emergency exit. Just before we touched the runway, we felt the plane try to lift up, and it skidded off the runway. Nong Khaonual, a Thai who escaped the devastation with his wife, is quoted in the Mail as saying: "It landed too fast. He tells the paper: "I was afraid that the plane was going to explode, so I ran away." "I scrambled over burning passengers to escape jet," its paraphrasing headline says. The Sun picks up the words of Parinwit Chusaeng, whose nationality appears to be unknown. Inside, it reports harrowing accounts from survivors. The Telegraph's front page names six British survivors. 8 BRITS SURVIVE," its headline says, accompanied by a grim picture of the wrecked fuselage with what could be charred bodies inside. Its front page - like those of the Mail and the Sun - focuses on the British casualties.
Horror semi thai windows#
"Passengers who escaped jumped from windows to flee the inferno as others, left behind in the blaze, were screaming for their lives." "The budget plane smashed into the runway, split in two and burst into flames at Phuket airport," the paper reports. As the papers went to press, up to 90 people were feared to have died in the disaster. The Mirror says the plane, which was on an internal flight, crash-landed in a "fierce downpour". "The guy behind me was kicking at the window or the door. "The guy in front of us was in flames," Millie Furlong, a 23-year-old survivor of the Thailand plane crash, is reported as saying in the Sun and the Mail.
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