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says 75% of the town is virtually gone. the city of minneapolis was also hit. the president of yemen's refused to sign a deal with opposition leaders to step down. the agreement had been brokered by make states. the ministers failed to convince fail the president. barack obama arrives in ireland today at the start of his visit to europe. as part of his trip he's going to visit the home of his great great great grandfather. i'm zain vergee in london. "world business today" starts now. good afternoon from cnn hong kong, i'm andrew stevens. and a very good morning to you from cnn ...

hit. the president of yemen's refused to sign a deal with opposition leaders to step down. the agreement had been brokered by make states. the ministers failed to convince fail the president. barack obama arrives in ireland today at the start of his visit to europe. as part of his trip he's going to visit the home of his great great great grandfather. i'm zain vergee in london. "world business today" starts now. good afternoon from cnn hong kong, i'm andrew stevens. and a very good morning to you from cnn london, i'm nina dos santos and this is "world business today." from sink...

Deputy chairman of india's planning commission is another potential runner. australia and south africa's decision to challenge the europe centricity of the imf is particularly significant because the countries are co-chairs of the fund's eform working group. joining me now is simon cox, the asia economics editor for "the economist" magazine. just picking up on that point, does this carry extra weight, the fact that these two between them are the chairs? >> you could argue that they care about the institution and have its interest at heart. perhaps they feel they could be a spokesperson for t...