Europe looking into fallout from volcanic eruption
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Chief economist Simon Tilford, of the London-based Centre for European Reform, says insurance and air freight companies, along with delivery companies like United Parcel Service are also taking a hit. "Some of the most vulnerable people are actually some of the poorest. So, if we look at the exporters of produce, much of which is flown from East Africa to Europe and the US - they are going to be hit very, very hard," Tilford said.