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BY KEITH NUTHALL
THE WORLD Bank and its private sector subsidiary the International Finance Corporation has pledged their support for the Extractive Industries Transparency Initiative launched by British Prime Minister Tony Blair at 2002’s Johannesburg sustainable development summit. It aims to improve accounting and auditing controls surrounding lucrative oil, gas and mining contracts in developing countries, where – said the bank – “the lack of accountability and transparency about these revenues can exacerbate poor governance and lead to more corruption, conflict, and inequality.”…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC), of the World Bank, is supporting the commercial manufacture of woven grass handbags in a remote south-west region of Vietnam. It is funding skills training for the local Khmer-speaking of the wetland Ha Tien plain, so that the quality of their grass handbags is high enough to guarantee sales in tourist markets, such as in the regional centre of Ho Chi Minh City.…

BY MONICA DOBIE
CHICAGO-based drinks company Sovereign Brands LLC, has created what is says is the world’s first alcoholic beverage distilled from soy. Called 3 Vodka, this super premium vodka took three years to be developed by American father and sons team Brian, Brett and Barry Barish.…

BY MONICA DOBIE
RESEARCHERS monitoring the health of Walkerton, Ontario, residents in the wake of the May 2000 E-coli drinking water disaster, have discovered new medical problems that can be traced to the contamination. Findings from the second year of a seven-year health study have showed increased incidence of kidney problems producing abnormally high volumes of urine containing protein, suggesting structural damage to kidneys.…

BY KEITH NUTHALL
UGANDA has launched “MTN villagePhone,” a (World Bank) International Finance Corporation supported joint venture between the country’s leading telecommunications company, MTN Uganda, and Grameen Foundation USA. Villagers borrow microloans to buy equipment allowing them to sell mobile phone services in areas unconnected to landlines.…

Keith Nuthall
CHICAGO-based drinks company, Sovereign Brands LLC, has created what is says is the world’s first alcoholic beverage distilled from soy. Called 3 Vodka, this super premium vodka took three years to be developed by father and sons team Brian, Brett and Barry Barish.…

BY KEITH NUTHALL
THE WORLD Bank is supporting the Extractive Industries Transparency Initiative launched by British Prime Minister Tony Blair at 2002’s Johannesburg sustainable development summit. It aims to improve accounting and auditing of oil, gas and mining contracts in developing countries, where “lack of accountability and transparency about revenues can exacerbate poor governance…corruption, conflict, and inequality.”…

BY MONICA DOBIE
THE UNITED States will become the largest wine market in the world by the end of the decade, according to the California-based Wine Institute. Currently, only France and Italy have more demand for wine and last year, whilst wine consumption dropped to 370 million cases in France, American consumers drank 14 million more cases, rising to 250 million cases.…

BY KEITH NUTHALL
A REGIONAL far east and Pacific meeting of the Office International des Épizooties, (the world animal health organisation), has focused on calls to avoid the mass slaughter of livestock to control animal disease outbreaks. Delegates called for work on creating effective alternatives to culls that would ease environmental problems caused by carcass disposal.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC), of the World Bank, is lending US$30 million to leading Ukraine poultry producer CJSC Myronivsky Khliboprodukt. The loan will support expansion and modernisation, involving improved efficiency, production capacity, and strengthened distribution. The company will expand its breeding and broiler farms, hatcheries, processing plants and set up a new feedmill.…