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And in an interview with Bloomberg Television on Tuesday, Summers said, "I don't think there was much justi?cation" in the Treasury's manipulator decision. "When you are propping up your currency, not running a trade surplus, you're not manipulating the currency on any definition that is understood and accepted in the ?nancial community."

Analysts said the increase in the trade deficit in March could be a slight drag on economic growth in the first quarter, which expanded at an annual rate of 3.2 percent in the Commerce Department's first estimate.

And in April, police also conducted six raids in the provinces of Jiangxi, Henan, Guangdong and Anhui, catching eight suspects, busting three warehouses and seizing 3,100 boxes of fake drugs and 25,000 boxes of unregistered medical devices.

Analysts said leaders of developing Asian countries attending the United Nations climate summit in Madrid are likely to focus on two key areas. These are: their own pledges to cut greenhouse gas emissions and lobbying industrialized countries to fulfill funding commitments that would help them adapt and mitigate the impact of climate change.

And he wrote "what happened" instead of "what we did," leaving Facebook one step removed from responsibility.