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Susan Schwab began work this week as U.S. Trade Representative(USTR) at a difficult time for free trade. Free traders havepromised results for decades, and an honest assessment says theywere right. Globalization is enhancing prosperity everywhere, andlowering trade barriers promotes broad prosperity for the poor andrich alike. But reality and perceptions are far apart inWashington, making the free trade argument tougher than ever. Aftermonths of delay, the Senate finally approved Schwab, just assouring economies in Europe may offer yet another obstacle tofurther trade liberalization.

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PUTRAJAYA: The cash aid programme for the B40 income group has been renamed to Sumbangan Tunai Rahmah (STR) and the first phase of payment will start from Jan 17 (Tuesday), says Datuk Seri Anwar Ibrahim.

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Read more about BRIEF-U.S., Switzerland sign pharmaceutical good manufacturing practice agreement on Devdiscourse