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Breakingviews: BP's Deepwater settlement is mostly good news

Monday, March 05, 2012 - 04:03

Mar. 5 - BP's $7.8 bln compensation to individuals & companies is mostly a good deal; and Putin's new term as president is unlikely to bring significant reforms, says Reuters Breakingviews.

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Don't sores breaking news -- this morning BP's macondo settlement is mostly -- since breaking news on reform is no sure bets. As -- winds. The presidential elections with me yet to discuss these stories is that everybody bring you resistance that is a -- -- moaning actually originated Sihanouk has a cheerful. It's Monday morning. And all right you you'd like that you don't. Where did relatively comfortable and happy meal right though what that we've done quite a lot of very good book cover low number of months on won't be the end and two -- these I think 888. We're happy with them and -- we caught a -- the look of it. I mean there's a very very long YY to go. But I think the market I'll look like he's been presented -- pressed on on but he patent and we scum of I think full shot at the cut this deal. Model is about as some expected and this is this is a tyrant of the range that was supposed to be -- -- -- isn't yet. Hasn't I think that well. Yeah OK so but the market was an expert in the market price yeah you're right the market price does seem to be suggesting that it would be funds would be levied. Above. Market expectations. That that that's the point that I think -- -- we made them out -- we platoon that was me what we've put full shot at this deal. But I couldn't put. It's it is good news it is mostly good it does set a precedent you know it does look like that. The united that there will be a deal not -- good brother other cases. Coming down coming down the hot come down highway says. But is what it does say that it's not a done deal this is no time people's sleeping easy there's still. Surprises that could be and stole the bill bill could still keep up. I think also you know this is also find -- mother nature's most anything else in it because. The way that these oil seems to -- -- recent she didn't suit in the ocean without let. Fantastically yet the cataclysmic -- fools that looked like it -- -- when it first -- is is. Is -- BP -- and fives as well let our. And yet all right won't even on chip prices are BP -- let's talk about Russia. -- yeah this comes days before -- conversation with with -- most of economists are breaking he's hearing in Europe com. You've always been pretty down on Russia. Breaking views of any site you've been pretty down on precision and make him laugh on what that means the lack of -- of brutal. For business. So I think what you're trying and hey I'm so sorry is that we have pointed out on the number of occasions the height of the than that of the challenges. Which are facing Russia and that that need for a concerted efforts and the fact that reform. If it's taking place tool is taking place in a very very slow who write in a great hopes. Well. Those that got shots ahead of the election. You know put in months was tight spots but the -- reform that's still possible that -- -- that the bugs having been. Reelected -- not true about speed let me let let's really hope you know he he grabs hold reform agenda. And does something about it and he directed his acceptance speech is the way it is because it was always have that the if you actually had wet. Of what I've done it before the election will be what 50% office. His poll ratings but I think it lets hope that there's some some -- but you know the vested interest in -- -- such in. One has to be very cautious pulled them making them to come to expect them to about reforming Russian -- -- Robert many thanks that -- -- You're watching US abbreviation that comes on every day 12:30 -- 1730 GMT the front on the breaking news site you find that on Reuters dot com and on inside out. I'm axle problems is --

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Breakingviews: BP's Deepwater settlement is mostly good news

Monday, March 05, 2012 - 04:03

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