Global Imbalances

As the US looks to exports for recovery, its ire is turned upon China. America complains that China's currency is wildly undervalued. But emerging economies too are feeling the pain of global imbalances. Business Daily speaks to Roberto E. Setúbal President & CEO of Itaú Unibanco Banco Multiplo S/A about Brazil's soaring real, and Jonny Dymond talks to Charles Dallara, who helped draft the Plaza Accord in 1985, which successfully drove the dollar down.

And - glad to be grey? The baby boomers and beyond are feeling persecuted. James Srodes from Washington says more senior citizens have nothing to be ashamed of.

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18 minutes

Last on

Wed 13 Oct 2010 07:32 GMT

Business Daily Podcast

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