The top stories in Tuesday's newspapers:
THE IRISH TIMES
- Pupils from private schools are tightening their grip on places in high-points third-level courses despite millions of euro being spent on programmes to widen access to higher education, the paper reports on its front page.
- Italy's Matteo Renzi will remain as prime minister until the country's 2017 budget has been approved as the political and economic ramifications of Sunday's referendum defeat reverberated across the continent yesterday, the paper says.
- It also reports that rank-and-file gardaí voted by a large majority to accept a pay offer because they realised the government would not be in a position to offer any more money, sources in the Garda Representative Association have said.
- The J-1 visa programme that allows Irish students work for 12 months in the US is being extended for another three years under a new agreement signed by the government with the State Department just 46 days before president-elect Donald Trump takes office.
- Bankers are running out of private-sector solutions for Monte dei Paschi di Siena and have told the Italian lender to prepare for a state bailout this weekend after prime minister Matteo Renzi was felled by a referendum defeat, the FT says.
- Philip Hammond, the UK chancellor, and David Davis, Britain's Brexit minister, have promised financial services chiefs a "smooth and orderly transition" when Britain leaves the EU as pressure rises for an interim deal to ease the exit.
- French prime minister Manuel Valls has confirmed plans to compete for the centre-left nomination ahead of next year's presidential elections, kicking off a battle for the direction of the Socialist party after President Francois Hollande ruled himself out of the contest.
- The FT Big Read takes exchange-trade funds as its subject, reporting that with their low costs and tax-friendly trading, they have transformed US markets. But the paper explores concerns that the securities are introducing new systemic risks and making markets less efficient.
- The paper takes a different view on the latest feeder school supplement, reporting that state schools have surged in the race for college places with public-sector students closing the gap on private pupils.
- It also reports on its front page that plans to introduce pay-by-weight bin charges next month have been abandoned because the new system, which charges per kilogram of weight dumped, is inflexible.
- The euro's survival is under increased threat following the political instability caused by the Italian referendum result, German business bosses warned yesterday, raising further questions about the long-term viability of Italy's membership of the currency union.
- On its business pages, the paper reports that a potential €80 million merger between CityJet and Stobart Air has been called off.
- An early-warning system to identify emerging clusters of suicide and self-harm will be introduced in Cork early next year while a major suicide prevention plan for Cork and Kerry should be launched within three months, the paper says in its lead story.
- Bail conditions for serial criminals are set to be tightened up under new laws which will also see night curfews and electronic tagging imposed on people on temporary release, the paper says.
- Donald Trump has chosen former campaign rival Ben Carson to become secretary of the department of housing and urban development as the US president-elect continues a series of interviews and meetings aimed at forming his administration.
- In its business section, the paper reports that consumers have been warned to expect double-digit premium hikes on their health insurance in 2017.