Latest update: 02/02/2012 

- Afghanistan war - Egypt - Facebook - Pakistan - US markets


'No-one in their right mind thinks Facebook is worth 100 billion'

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In today's papers - we look at Egypt's deadly football violence, the leaked NATO report saying Pakistan still backs the Taliban, and the backlash against what some see as Facebook's over-valuation.

IN THE PAPERS
By Elena CASAS

The Guardian says there's more at stake than football in Egypt's stadium violence - it shows political instability tipping over into every field of life.

The Times looks at the reaction in Pakistan to the leaked NATO report saying the ISI intelligence agency is still backing the Taliban.

There's fresh controversy over the Falklands after Argentina threatened to block the only commercial flight that goes there - and that hardline policy has come under fire in Argentina, with La Nacion calling it despotic patriotism.

While some of the US media - like the Huffington Post - is excited about the Facebook initial public offer, the backlash has already begun - with the Daily Beast saying no sane person thinks it's worth 100 billion dollars.

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