Open

Coming up

Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

"Why Are So Many Children Dying in Gaza?"

Read more

AFRICA NEWS

Central African Republic: Seleka calls for partition

Read more

DEBATE

Nigeria: One Hundred Days and Counting (part 2)

Read more

DEBATE

Nigeria: One Hundred Days and Counting

Read more

FOCUS

Can Chancellor Merkel's winning streak last?

Read more

FOCUS

Hunger in a fertile land...

Read more

ENCORE!

High-tech acting king Andy Serkis on Dawn of the Planet of the Apes

Read more

REPORTERS

Hong Kong in rebellion against the 'motherland'

Read more

TALKING EUROPE

Dalia Grybauskaite, President of the Republic of Lithuania

Read more

  • In pictures: Thousands march for Gaza peace in Paris

    Read more

  • UN human rights chief blasts Israel-Gaza ‘war crimes’

    Read more

  • Bomb attacks leave scores dead in north Nigeria

    Read more

  • Gaza protests: ‘France imported the Mideast conflict a long time ago’

    Read more

  • Ryanair ordered to pay back €9.6m in illegal state aid to France

    Read more

  • Remains of Flight MH17 victims arrive in the Netherlands

    Read more

  • Two Ukrainian fighter jets shot down over rebel-held territory

    Read more

  • Video: Fear, death and mourning in Gaza’s Khan Younis

    Read more

  • TransAsia Airways Taiwan crash leaves dozens dead

    Read more

  • Poland’s Rafal Majka wins 17th stage of Tour de France

    Read more

  • Young riders raise French hopes for Tour de France

    Read more

  • Defying UK, France to proceed with warships sale to Russia

    Read more

  • US courts issue conflicting reports on Obamacare

    Read more

  • Video: Lebanon fears fallout from regional turmoil

    Read more

Americas

Obama pushes for BP escrow account to pay for oil spill claims

Video by William EDWARDS

Text by News Wires

Latest update : 2010-06-15

US President Barack Obama called for BP to set up an escrow account to pay for claims related to the massive oil spill while on his fourth visit to the Gulf of Mexico on Monday. Obama will meet with BP chairman Carl-Henric Svanberg on Wednesday.

AFP - US President Barack Obama said he hoped to have an agreement on setting up a BP escrow account for victims of the Gulf of Mexico oil spill by Wednesday.
   
US officials demanded Sunday that BP set up a special fund to pay oil spill claims and let an independent panel oversee the process.
   
Obama said it was too early to announce anything concrete ahead of White House talks with BP chairman Carl-Henric Svanberg on Wednesday.
   
"We have begun preliminary conversations about how to restructure a mechanism so that the legitimate claims that are going to be presented not just tomorrow, not just next week, but over the coming months are dealt with justly, fairly, promptly," Obama told journalists during a visit to Alabama.
   
"My hope is that by the time the chairman and I meet on Wednesday that we've made sufficient progress that we can start actually seeing a structure that would be in place."

Date created : 2010-06-14

  • USA

    BP may suspend dividends as estimates of oil leak double

    Read more

  • USA

    British papers slam Obama's anti-BP rhetoric over oil spill

    Read more

  • USA

    BP chairman called to White House as spill fury grows

    Read more

COMMENT(S)