The Euro could "collapse" within the next 18 months, the man tipped as the next US ambassador to Brussels has claimed, adding that he would "short" the EU single currency if he was an investor. Professor Ted Malloch, a former Oxford University professor now at University of Reading, added that the UK and US could cut a bilateral trade deal inside 90 days and that elections in Europe this year could sweep away the EU as we know it. "The one thing I would do in 2017 is short the euro," Mr Malloch told the BBC, "I think it is a currency that is not only in demise but has a real problem and could in fact collapse in the ... (full story)