PIMCO on bonds

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As fears grow about the eurozone debt crisis and the looming threat of a US default Lesley Curwen talks to Andrew Balls, from the world's largest bond investor PIMCO, about the effects on the global economy. Plus Justin Rowlatt reports from from the sulphurous geothermal fields of Iceland on the cheap and plentiful energy which it cannot export. And Business Daily's Washington commentator, James Srodes wonders whether older people should skip retirement and start a new career late in life.