Obama and Cameron Make Peace
Barack Obama and David Cameron Make Peace after BP Repeated Criticism – Barack Obama reassured Saturday, British Prime Minister David Cameron. The U.S. President’s repeated criticism against the oil company British Petroleum do not target English.
A thirty-minute telephone conversation was enough to reconcile Barack Obama and David Cameron. The tenant of the White House has insisted, he has “no interest in undermining” the market value of BP. Among the shareholders of the company, 40% of English, but also 40% of Americans. BP quoted value dropped tens of billions of dollars since the beginning of the spill on April 20th.
The two leaders took the opportunity to reaffirm the strong relations between their two countries, according to Downing Street. Barack Obama sees the British oil company as “a multinational,” the criticism of BP for its mismanagement of the oil spill had “nothing to do with an issue of national identity.”
David Cameron had joined the fray on Friday to defend BP, against repeated criticism from the Obama administration. Effect of the political support was rapid, BP shares, in London jumped 7.2% and 3.63% in New York Friday. This week, several U.S. government officials had threatened to increase the financial responsibility of BP. Members of congress had also asked the group not to give a dividend to its shareholders, to be sure it can finance the cleanup of the spill until the end.
Next step in the rehabilitation of BP, Barack Obama on Wednesday will meet the company’s CEO, Tony Hayward. For the head of the State, BP will have to answer “tens of thousands” of claims related to the spill. “BP must respond to those whose lives have been disrupted,” Obama insisted.
