Default and discord

Is a kind of financial gangrene spreading through the eurozone?

Lesley Curwen talks to Andrew Balls who is head of European portfolio management at the investment company PIMCO. He says the unthinkable is now thinkable, and there is a risk that Italy might default on its government debt.

Plus the Director General of the World Trade Organisation, Pascal Lamy explains why Russia is qualified to join the WTO.