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BY ALAN OSBORN
STANDFIRST

AMERICA’S post 9/11 AML legislation does not only affect the formal banking sector, it controls other savings and investment institutions too, and in different ways. Alan Osborn reports.

MUTUAL FUNDS

ALTHOUGH there have been some complaints, by and large America’s mutual funds have accepted with reasonable grace the anti money laundering legislation brought in by the US government since the September 11 attacks.…

BY KEITH NUTHALL
UNESCO, the UN’s scientific and cultural organisation, has launched a filter removing arsenic from water and which could save tens of millions of lives. Unveiled at its headquarters in Paris, UNESCO said the filter was “simple and ecologically sound”, using as an absorbent recycled iron oxide coated sand produced as a by-product in groundwater treatment plants “available at no cost almost everywhere”.…

BY KEITH NUTHALL
THE INDEPENDENT Inquiry Committee into the United Nations’ Iraq Oil for Food programme scandal has claimed 14 British companies paid kickbacks to the Saddam Hussein regime to secure contracts to supply humanitarian supplies under the scheme. There were also four British companies that paid “surcharges” to secure contracts to lift oil from Iraq to help buy medicines, food and other supposed essentials.…

BY KEITH NUTHALL
THE INDEPENDENT Inquiry Committee into the United Nations’ Iraq Oil for Food programme scandal has claimed 14 British companies paid kickbacks to the Saddam Hussein regime to secure contracts to supply humanitarian supplies. There were also four British companies that paid “surcharges” to secure contracts to lift oil from Iraq to help buy medicines, food and other essentials.…

BY KEITH NUTHALL
UNESCO, the UN’s scientific and cultural organisation, has launched a filter removing arsenic from water and which could, it claims, save tens of millions of lives from a pollutant created by many mines. Unveiled at its headquarters in Paris, UNESCO said the filter was “simple and ecologically sound”, using as an absorbent recycled iron oxide coated sand produced as a by-product in groundwater treatment plants “available at no cost almost everywhere”.…

BY KEITH NUTHALL
THE EUROPEAN Commission is planning to rewrite European Union (EU) laws affecting the fishing meat industry to simplify existing EU legislation across the board, easing the sector’s understanding of often complex and baffling regulations.

Brussels has embarked on a three-year programme to scrap obsolete laws, rewrite over-complicated texts and combine overlapping directives and regulations.…

BY MONICA DOBIE
FOOD scientists have discovered that innocuous and bland-tasting watermelon actually contains high levels of lycopene, a cancer-fighting anti-oxidant found in tomatoes but not much else. The US Agricultural Research Service (ARS) says watermelon could prove an effective alternative to people with tomato allergies or bouts of acid reflux, given it offers similar quantities of lycopene to tomatoes.…

BY MARK ROWE
WEATHER forecasters have always come in for criticism but the reality is that forecasting has evolved somewhat beyond the reliance of medieval truisms such as rain on St Swithun’s Day meant 40 more days of showers. And not only are today’s forecasts are more reliable than ever, with meteorologists providing long-term predictions of wet weather, heat waves and other extreme events, of incalculable value to energy and water utilities with half an eye on demand, but Britain’s Meteorological (Met) Office has taken its services one step further.…

BY KEITH NUTHALL
AN ASSESSMENT from the Kyoto Protocol Intergovernmental Panel on Climate Change (IPCC) has concluded that capturing and storing carbon dioxide (CO2) produced by power plants before it enters the atmosphere could be crucial in minimising climate change. The Geneva-based panel has estimated that capture and storage technologies could lower climate change mitigation costs over the next 100 years by 30%.…

BY KEITH NUTHALL
THE EUROPEAN Commission has acted to simplify the approval of ‘intelligent’ adaptive front-lighting systems (AFS) that boost illumination for drivers, while cutting the risk of glare for fellow motorists. It is proposing that manufacturers should bypass existing European Union (EU) complicated approval procedures for new technologies, by writing a draft United Nations Economic Commission for Europe (UNECE) technical regulation for this kit into EU type-approval rules.…