growth for next year. let s talk about some of the other things that came out of the oecd meeting. they said they re expecting, as you would expect as well, slow rfry for countries like japan that were affected by that march 1 th earthquake and subsequent tsunami that s really affected the production and supply chain there. they also said they re expecting bigger than expected slowdowns in places like china. also, oil prices and european debt crises are probably likely, they say, to weigh on investors minds and economists minds and potentially do some damage, let s say those are the risk factors for the recovery as it gets under way. they ve been urging a series of rate hikes, particularly from some of the institutions like, for instance, the ecb and also the federal reserve. they re saying they could expect rate hikes coming from the fed in the next few months or so. one of the things that was very much discussed was the long-term inflation expectations for the
in syria. these rikts are set to show demonstrations in dara last friday. although cnn cannot verify when the video was shot. an estimated 1,500 people are unaccounted for in joplin,h. nearly 100 volunteers are working to reunite family and determine who s really missing. the volcanic eruption in iceland that s disrupted air traffic in europe is finally ending. the ash cloud thrown up from the volcano is drifting east and dissipating and most of the airports closed are re-opening. those are the headlines. i m zain vergee, world business today starts now. good morning, from cnn london and welcome to world business today. i m nina dos santos. and good afternoon from cnn hong kong, rhyme andrew stephens. the top stories this thursday, may 2 th. sony s bad run continues. it s now forecasting a profitable year ahead. even that outlook fails to impress. dominique strauss-kahn is now under house arrest at this luxury new york townhouse. i m a leader by temper and att