03:51 PM EDT
"Where are the Brits? They're over there," President Obama said, playfully, during a press Q&A following a meeting with British Prime Minister Gordon Brown.
"In fact, they're everywhere," Prime Minister Brown replied.
And in that spirit of Anglo-American equity, the President and Prime Minister took questions from reporters from both sides of the pond.
"I think that there are a set of shared values and shared assumptions between us," President Obama said said during a meeting with British Prime Minister Gordon Brown. "That we believe in the free market, we believe in a government that is not overbearing and allows entrepreneurs and businesses to thrive, but we also share a common belief that there have to be sufficient regulatory structures in place so that the market doesn't spin out of control."
Answers to other questions, including clarification of rumors about a letter to the Russian President and reaction to the tragic shooting in Pakistan, are in the full transcript.