Strengthen dollar or face "economic war": Sarkozy

Nicolas Sarkozy, France's president, has told American politicians that the dollar must appreciate in order to avoid an "economic war" between the United States and the eurozone.

Speaking at a joint session of the United States Congress on Wednesday, Sarkozy said: "The dollar cannot remain someone else's problem. If we are not careful monetary disarray could morph into economic war."

"Those who admire the nation that has built the world's greatest economy and has never ceased trying to persua