aunty's business put us in the euro is facing a slow dance says former british foreign secretary jack straw even the optimists recognize the currency is vulnerable to shop declines can ranks low from saxo bank explains how he thinks this will impact on russia. but the thing with russia to remember is that no matter what really happens internally still regarded for the most part as an emerging market economy and as such as much as odds on want to use the fries there is very much a risk on risk off mantra operating within the water financial markets now as with any other emerging market economy when is a general response. economies and countries such as russia are in favor and that means increased foreign direct investment or flow of money and as soon as the mood overall turns in the market and there's a risk off sentiment or risk aversion then just as quickly as the money came into russia it flows just as quickly out the the only thing obviously to the mind differentiate here is that obviously being rich of natural resources or will bring predominantly amongst those russia has a slightly dif

business bulletin the euro is facing a slow death that said by former british foreign secretary jack straw struck straw rather he's among a growing number of pessimists who think the writing is on the wall for the single currency on the other hand optimists alang hopes on today's conference vote in greece they're bracing the prime minister will survive and the country will get his bail out from the e.u. i'm joined now by ken rex from saxo bank i don't know what's your take on this do you think that the euro will survive. it will i mean the bottom line is that the euro's not going anywhere and as much as i'd like to see the return of the george mark french frank and the long we're not going to be saying that i mean this is a political experiment it's simply too big to file and neither the e.c.b. nor the eurozone in general is prepared to lose funds well it's obviously there are space in the south and what clues might they be looking for that this whole thing might unravel. look i think all the clues out the if this was ever going to unravel all the clues have already been set out on the tab

where they want to set them then they can begin to rebuild from there if we don't do it now as jack straw our former foreign minister and home secretary said in the house of commons it's just a slow agonizing death of the euro. our financial guru max kaiser has his say about the use financial woes and overwhelming debt to presidents and catch up with his unique analysis in just over an hour's time. a generation ago or two generations ago the word work imply accumulating savings but now the word work is accumulating debt so what they're saying is you young people out there who are entering the workforce if you work really hard you will accumulate massive debt. it's coming up a quarter past the hour let's check on some other international headlines more flights have been cancelled in australia due to the ass cloud brewing from the chilean volcano becomes a week after the air traffic in the region came to a shuddering hold with hundreds of flights spend it in australia as well as new zealand last friday saw the airspace clear up the clouds circled the globe and is now causing further disturb

where they want to set them then they can begin to rebuild from there if we don't do it now as jack straw our former foreign minister and home secretary said in the house of commons it's just a slow agonizing death of the euro. and often anshul groomers kaiser has his say about the financial woes and overwhelming debt dependence you can catch up with these unique analysis later today. a generation ago or two generations ago the word work imply accumulating savings but now the word work means accumulating debt so what they're saying is you young people out there who are entering the workforce if you work really hard you will accumulate massive debt. learning lessons from the japanese crisis that's the main aim of the nuclear force in vienna which enters its second day in the opening session on monday the atomic agency chief calls for a tightening up of nuclear security and the need for greater transparency in the industry. a long awaited report into the future she would desires to have been shielded from public view and grooms to london based policy adviser says the decision to keep its re

where they want to set them then they can begin to rebuild from there if we don't do it now as jack straw our former foreign minister and home secretary said in the house of commons it's just a slow agonizing death of the euro. financial guru max kaiser has his say about the use financial woes and debt dependence touch up with his unique analysis next hour. a generation ago or two generations ago the word work imply accumulating savings but now the word work means accumulating debt so what they're saying is you young people out there who are entering the workforce if you work really hard you will accumulate massive debt . but look at some of the international headlines now. news or president as in the ben ali and his wife have each been sentenced to thirty five years in prison state farm's tried in absentia into saudi arabia in january putting the uprising the judge also ruled that ben ali and his wife should pay fines something almost sixty six million dollars. the. twenty three is also faces a second trial on possession and drug trafficking charges. in china thirty six million people ha

wages where they want to set them then they can begin to rebuild from there if we go do it now as jack straw our former foreign minister and home secretary said in the house of commons it's just a slow agonizing death of the euro. but our financial guru backs kaiser has his say about us financial. debt or pendants with his unique analysis. generation ago or two generations ago the word work imply accumulating savings but now the word work means accumulating debt so what they're saying is you young people out there who are entering the workforce if you work really hard you will accumulate massive debt. then in lessons from the japanese crisis that's the main aim of the new form if you know which began on monday in the opening session of the meeting the atomic agency chief called for a tightening up of security. and it will also stress the need for greater transparency ministry especially in emergency situations for the long awaited report into the machine with disaster. mountain grimston a london based policy advisor says the decision to keep its results on doors is room. understandably all o

london as well i mean why all the good we hear about the euro i mean the former of foreign secretary jack straw showed a few days ago that the euro can survive and it should just be given instead of a slow death that should action should be taken to start dealing with going beyond the euro in this weekend but nothing has really been settled with greece is just throwing more money at it. absolutely you know greece is effectively passed and they're just delaying the inevitable what needs to be recognized is that the euro has been a political project which has caused massive economic disaster not just in greece but in italy portugal spain arland it benefits germany at the expense of other nations within the euro zone it was a mistake for those countries to join the euro is a mistaken project and it should be wound up and then only then will their colonies in the mediterranean and in ireland start to grow and get their way out of the debt that they're in the euro is the root cause of the problems they're facing ok gary where do you stand on this we have two polar different point points of view here

where they want to set them then they can begin to rebuild from there if we don't do it now as jack straw our former foreign minister and home secretary said in the house of commons in london today it's just a slow agonizing death of the euro i said only a program a few months ago the your own is doomed is finished that's why we in the referendum campaign say way in britain must have a vote on whether or not all i want to be in a sense one of the world's more democratic club when i go but it's my question what about the war as if greece does go the war is going to have the whole global economy in the in the cost of borrowing in the rest of europe yet it is a great fear of course you're right that if greece collapses then what will happen spain could well collapse as well certainly portugal certainly aren't already in inter real terms defaulting i take on board your point but the people responsible for that other people trucker's into the single currency those on the euro skeptic movement said it would never work you can't have a single currency without having political union that was neve

. >>> the former foreign secretary jack straw warns the end of the eurozone could be near. as mps discuss a new euro he suggests the eurozone cannot last as it is. andrew? >>> still ahead, planes for sale. who soared and whose was grounded at the world's biggest air show. >>> and adding up the losses in china, almost 200 dead, farmland ravaged, we'll take you live to the flood zone. stay with us. dermatologists. neutrogena®, with technologies like helioplex... it provides the highest average spf and unsurpassed uva protection. neutrogena®. get the best. >>> from cnn hong kong in london welcome back. you're watching "world business today." it's billed alleges the largest aviation and aerospace show in the world. today is day two of the international paris air show. hopes are soaring that planemakers will land some big deals but for some there was a little trouble getting off the ground in the first place. an airbus a380 super jumbo clipped a building while i was taxiing in sunday, and airbus's long delayed a400 transporter military plane could only participate in a fly pass.