Sarkozy: Imbalances May Cause Disaster
By GEOFFREY T. SMITH Michel Euler/Associated Press French President Nicolas Sarkozy delivered his address at the World Economic Forum in Davos, Switzerland, Thursday. DAVOS, Switzerland—Global monetary imbalances could still cause another disaster for the world economy if they aren’t addressed, French President Nicolas Sarkozy warned Thursday. In an address to the World Economic Forum, Mr. Sarkozy said that monetary imbalances “have risen five-fold in recent years … and could bring down…
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Sarkozy: Imbalances May Cause Disaster
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