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World Service,20 Oct 2010,18 mins

Global Imbalances

Business Daily

Available for over a year

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. Set煤bal President & CEO of Ita煤 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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