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Friday Papers: BP oil spill 'double early estimates' -- other news

Dow advances 273 points and US state department has said the BP oil spill will not affect the relationship between the US and Britain.

 * Dow advances 273 points , or 2.76%, to 10,173, S&P 500 gains 2.95% and Nasdaq climbs 2.77%

 * US jobless claims fall 3,000 in latest week as US trade gap widens to $40.3 billion in April

 * US household net worth up $1.1 trillion in first-quarter

 * China export surge stirs US anger as pressure grows to let renminbi rise

 * The BP oil spill may have sent twice as much leaking into the Gulf of Mexico as previously thought, according to estimates from US experts

 * David Cameron pledges help in BP over spill

 * UK government has played down fears expressed by some senior figures of 'anti-British rhetoric' in the US

 * RSA Insurance chairman John Napier has written an open letter to President Obama saying criticism of the company lacked 'balance' and was 'unstatesmanlike'

 * The US state department has said the BP oil spill will not affect the relationship between the US and Britain

 * Gazprom boss joins top oil men in call for inquiry iinto Gulf of Mexico explosion

 * UK probes bank competition over equity sales fees

 * Banks say reform plans could cut growth by 3%

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1 comment so far. Why not have your say?

b a

Jun 12, 2010 at 10:34

Hi all,

I found this impressive calculation of the percentage of the Gulf's waters already replaced by oil

http://oilspillfigures.wordpress.com

Frightening!

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