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Business Daily: Volcanic ash cloud: The economic impact

20/04/2010

Volcanic ash cloud: The economic impact

BBC World Service - Business Daily, Volcanic ash cloud: The economic impact

The economic impact of the volcanic ash cloud in Iceland and the cost of golf in China.

The economic impact of the volcanic ash cloud in Iceland and how a grounded chief executive got from Madrid to London - with a lot of good humour and some Spanish food.

The cloud of volcanic ash drifting across Europe is continuing to make much of the continent a no-fly zone this week.

It is still unclear how long that disruption will last, but the longer flights are grounded, the greater the impact will be on businesses and the wider economy.

Business Daily finds out how a grounded chief executive Pedro Beitra, got from Madrid to London - with a lot of good humour - and some Spanish smoked meat. 

Also, a look at how governments should weigh risks when it's safety versus profits.  

Plus David Goldblatt reflects on the craze for golf in Beijing - and on what it costs to tee off.

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