doing it. under international law malaysia airlines is required to pay some initial funds immediately following an incident, as they put it, so that families can cover immediate costs like travel and hotel rooms and all that kind of thing. analysts indicate relatives will not get final payouts unless and until investigators determine there are no survivors on flight 370. maria bartiromo, the anchor of opening bell with maria bartiromo join us. still a little weird. it is weird. they really carry the bulk of these payment. because of that international law that you just mentioned malaysia airways has already done the required arrangements with the reinsurance companies to alert them that they have to start beginning that process of putting some money into a fund that will go to the costs that you mentioned, transportation and various things for the families of the passengers. they re not accepting any liability. they re not paying out the entire claim. we don t know what the claim w
your auto and home insurance. call liberty mutual insurance at. [ thump ] to speak with an insurance expert and ask about all the personalized savings available for when you get married, move into a new house, or add a car to your policy. personalized coverage and savings. all the things humans need to make our world a little less imperfect. call. and ask about all the ways you could save. liberty mutual insurance. responsibility. what s your policy? 14 minutes before 11:00 at night here in kiev. we ve talked about the leverage that the united states and europe do not have. what kind of leverage does putin have? well, two things being talked about today. one is money. maria bartiromo here with us to talk about what happens if the russians, as promised, abandon
to build the infrastructure to further diversify their sources of natural gas away from russia. but weaning itself off russian gas is very much a long-term project for europe, and if germany, as the economic powerhouse of the region, doesn t want to pick an economic fight with russia, the rest of europe, shep, will fall in line with the german lead. shep? jonathan hunt with the energy leverage that putin has. thanks. now to the money leverage. an astounding or i shouldn t say accusation, but seemed like a promise today from the russians saying, don t mess with us, because if you do, we ll stop using u.s. dollar as reserve currency. what would that do? let s turn to maria bartiromo from the fox business network. she s the host of opening bell with maria bartiromo weekdays 9:00 a.m. eastern time on the fox business network. maria, what about it? shep, i think that would further isolate moscow from the rest of the world. the fact is, this is not a new idea, not to use the u.s. dol
partly, he has the energy, which flows underneath ukraine and supplies so much of europe. and more than that, he has now threatened, we are told, to no longer use the united states dollar as a currency on the world market. what if he did that? maria bartiromo from the fox business network will join us next to talk about the ramifications of such a thing. whether he could do it and what it would mean to our economy. would it, as the russians say, cripple our economy? that s next. t!
the country, as jonathan just told us. i mean, they would need a backup plan there, because the eu is the largest trading partner of russia, and the gas coming from russia through the ukraine is obviously critical to their economy. so europe does be hugely disadvantaged, but as far as not using the dollar, sounds unlikely to me, shep. maria bartiromo back in new york for us. maria, thanks a lot. so secretary kerry has gotten some sort of discussion with sergey lavrov from russia. says he ll take it back to the white house. we ll go to ed henry at the white house for reaction next. [ male announcer ] evenore impressive than the research this man has at his disposal is how he puts it to work for his clients. morning. morning. thanks for meeting so early. co on in. [ male annncer ] it s how edward jones makes sense of investing. the joint is jumpin