Meanwhile, John Snow, the Treasury Secretary, also said that China needed to initiate more changes in its currency. He added that the need for more flexibility in its currency was necessary since its role in the international trade was expanding due to its growing economy. Snow commented that promoting equal trade in the international market was a common responsibility of all nations involved.

Cuban Tobacco and Spirits Industry to Expand in Russia

Exporters of Cuba rum and cigarette announced their plan to establish a Floridita bar in Moscow, Russia. The chain of restaurants has earned its fame through the years by accommodating many Hollywood celebrities and other personalities especially in 1940's and 1950's. The said bar would be a blend of a fine restaurant, a cigarette shop, and great Cuban music. The opening of the bar was hoped to improve the trade of Cuban tobacco and spirits in Russia.

New Vaccine May Prevent Ear Infection among Children

GlaxoSmithKline Plc has recently discovered a powerful vaccine that could aid in the prevention of acute otitis media. The ear infection is among the common health problems that arise during the childhood phase and has led to the loss of the hearing capacity of many kids worldwide. Yet, the new treatment developed by the pharmaceutical company brings plenty of promises to many children who are at risk of ear infection. The medicine called Streptorix is still subject to the approval of both the European and the U.S regulatory board.