Financial Times FT.com

Sarkozy warns of descent into economic war

By Ben Hall in Washington

Published: November 8 2007 02:00 | Last updated: November 8 2007 02:00

President Nicolas Sarkozy of France yesterday urged the US to maintain a strong dollar policy, warning on his first official trip to Washington since being elected six months ago that "monetary disorder risked turning into economic war".

In a speech in French to a joint session of Congress - the first by a French leader for 11 years - Mr Sarkozy also attacked the "excesses" of Wall Street, saying the land of free enterprise gave too much room for financial speculation.

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