Department of Defense Spokeswoman Says New Missile Plan Not About Russia

Under Secretary of Department of Defense Michele Flournoy says the new short-range missile defense plan is not about abandoning European allies. She says the plan is not, and has never been about pleasing Russia. (0:30)
Listen

Ranking Member of House Armed Services Committee: New Missile Strategy Caves In To Russians

Rep.n Howard "Buck" McKeon (R-Calif.) says that the new missile strategy detailed by Barack Obama Thursday "undercuts" allies and "caves in" to Russia. (0:47)
Listen

Fixed exchange rates lead to economic turmoil

Czech National Bank Governor Zdenek Tuma says that a fixed exchange rate will always lead to inflation, which in turn naturally leads to economic turmoil (0:31).
Listen

Countries with floating exchange rates are less harmed by crises

Czech National Bank Governor Zdenek Tuma says that countries with floating exchange rates have been harmed less by the crises of the past few months (0:21).
Listen