U.S. President Barack Obama and Australian Prime Minister Julia Gillard speak to the press after their meeting

President Barack H. Obama and Australian Prime Minister Julia Gillard speak to the press in the Oval Office following a bilateral meeting. Obama remarks on the nation's close friendship with Australia, comments on their recent floods, and thanks the PM for Australia{u2019}s help in Afghanistan. Obama also reports on the topics covered in the meeting and speaks about the Libyan revolt against Colonel Qaddafi. Gillard remarks on the 60th anniversary of the U.S.-Australian alliance, the Afghan war, and the world economic situation.