澳洲新闻 (ABC新闻快递) 2010-06-19（在线收听）

BP's Chairman says his company is still strong despite the crisis in the Gulf of Mexico. Rating Agency Moody has downgraded BP's credit rating by three notches, following similar moves by the other two rating agencies earlier this week. Banking sources say the oil giant was seeking seven-billion dollars in loans from banks. BP Chairman Carl-Henric Svanberg says the company will survive despite having to shell out billions of dollars in compensation.

US President Barack Obama has warned G20 leaders against cutting national debts too quickly. In a letter to G20 leaders, the president said withdrawing economic stimulus too early raised the potential for recovery risks and renewed hardship.

To the markets now, and Wall Street has finished the week higher as European debt fear subsided. The Dow Jones and the NASDAQ both finished slightly ahead while the S&P 500 also inch forward. But European markets are down, the FTSE shedding a three points and the DAX losing seven.

At home, the ALL ORDS and ASX 200 both finished higher, mostly unaffected by the resignation of David Jones chief Mark Mclnnes. And the Australian dollar is buying 87.2 US cents.