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force lenders to set aside an extra 35 billion euros when it unveils a plan to clean up the banking system today. >> lots to get through, but we start off from news from the iea which says oil prices are likely to stay high because of geopolitical riskitic despite a rise in world supply. they say global oil supply rose 600,000 barrels a day to 91 million a day in april. 90% of the increase coming from opec. we know that saudi arabia is well over 10 million barrels a day, but the iea says that uncertainty remains and last year they released oil stocks, would be ready to act again if n...

as for currencies, euro hitting its lowest level since january. >> and congratulations on making it back last night. >> it was a tough flight, but good to be with you and warren over the weekend. >> it was great seeing you here. we'll talk about a lot of things this morning, but with so much of the global market turmoil, cooperate be a better dayton joined for three hours by the world's most successful investor. warren buffett got up extra early with us because out here it's only 5:00. thanks for getting up early first of all. >> we have to start this earlier. >> you saw what happene...

unspectacular pace. >> and samsung posted galactic size profits and calling for even stronger returns ahead. welcome to today's program. jackie will join us later from new york. still to come as well, italy's testing the market with a 6 billion euro auction. but how much will they have to pay to borrow money this time some they'll bring you results in around an hour's time. we'll tell you what online shoppers have been snapping up, plus you normally go to costco to stock up on your pantry, but the retailer is selling something a little more unusual to customers. and it's of a finan...

remains in contractionary territory. repho reinforcing the case of further stimulus. >> and phillips at the top of the dow jones stoxx 600 as the ceo says conditions for a turnaround are in place. >> we are pleased with a good first quarter. on our past value and reaching our midterm targets by 2013. >> eurozone pmi numbers, c composite estimated at 47.4, forecast at 49.4, a decline for the march com miss it number of 49.1. no surprise to see euro-dollar hit the session low at 1.3139. trading in a item range. manufacturing disappointing 46.3 respect few orders index 49.9, all big dec...

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