[00:00.01]World News from the BBC. [00:02.49]East Asia's three largest economies have agreed to shore up a regional reserve fund to back up their ailing partners. [00:09.70]China, Japan and South Korea are to fill the 4/5 of the $120,000,000,000 bill between them. [00:15.63]Correspondents say the fund is meant to reduce a need for smaller Asian economies to rely on multilateral lenders such as the IMF in the event of a crisis. [00:25.59]The American billionaire investor Warren Buffett has said he can't see signs of an early economic recovery in the United States. [00:32.70]The world's second richest man told the BBC that while he believed things would get better, it was too soon to speak of a major improvement. [00:40.47]Warren Buffett has just recorded his worst performance in more than 40 years of playing the financial markets. [00:47.51]Rescue services in the Austrian Alps say that an avalanche has killed at least six people. [00:52.79]The avalanche near the ski resort of Soelden happened on Saturday. [00:56.55]But rescue efforts were hampered by bad weather.