British PM urges Americans not to blame BP for Lockerbie Bomber release

“BP is an important company to both the British and the American economies. Thousands of jobs on both sides of the Atlantic depend on them. So it’s in the interest of both our countries, as we agreed, that it remains a strong and stable company,” Cameron said.

For his part, Obama was questioned as to why Cameron has been able to implement spending cuts and other austerity measures after having been in office a little over two months, while he has only set up a fiscal commission with no binding authority to study what to do about America’s growing deficit and debt.

“Our two countries are in slightly different situations,” Obama said, adding that Britain’s debt is higher as a percentage of its economy than is the U.S. debt. He also mentioned his proposal to cut the deficit in half by 2013.

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