Chatter: What we're hearing

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Need to know: The White House and BP agreed that the oil giant would create a $20 billion fund to pay claims for the worst oil spill in American history. The fund will be independently run by Kenneth Feinberg, the mediator who oversaw the 9/11 victims compensation fund.

Barack Obama vowed to "make BP pay" for damage caused by the Gulf of Mexico oil spill, in his first national address from the Oval Office. Critics slammed Obama's speech, saying he aimed too low. Obama meets with top BP executives today. Read about BP's options to limit its liability from the spill and about how Obama came to support offshore drilling.

Want to know: France's retirement age will be raised from 60 to 62 over the next eight years as part of sweeping pension reforms.

Dull but important: Toronto is buckling down for some serious, and seriously expensive, hassle as the G20 comes to town. The core of Canada’s biggest city may end up looking like a commercial ghost town, an ironic setting to a summit discussing how to avoid another economic collapse. And the price tag: $1 billion. By comparison, security for the Pittsburg G20 summit in September cost $18 million.

Just because: Lebanon's Hezbollah’s war museum is now open, featuring rocket displays, an elaborate cave system and a suicide bomber tribute. The museum displays paint a picture of Hezbollah as a powerful fighting force, rather than a scrappy militia.

Wacky: A group of German university students have remade Eurovision's winning song into an unofficial World Cup football anthem. But what started as a joke, has resulted in a cult hit — and a record contract. And another fun World Cup video: lego recreations of games, complete with audio.

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