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BY KEITH NUTHALL
THE WORLD Bank’s key risk management agency has signalled a retreat from relying overwhelmingly on the commercial reinsurance market by striking a deal with the Netherlands over state guarantees for its international development projects. The Dutch government has promised to provide up to Euro 150 million a year in reinsurance capacity to the Multilateral Investment Guarantee Agency (MIGA).…

BY KEITH NUTHALL
THE OPPORTINITY for companies to buy efficient robots to tackle unpopular or dangerous jobs is increasing fast, with orders for industrial robots rising by 18% worldwide January-June this year, a United Nations Economic Commission for Europe (UNECE) report has said.…

BY KEITH NUTHALL
THE INTERNATIONAL Organisation for Standardisation (ISO) has launched work to create a global standard for corporate social responsibility, giving the Brazilian and Swedish governments the task of piloting the development of these guidelines. Detailed proposals will be shortly issued by ISO, launching three months of debates before preliminary decisions on their scope and content can be made.…

BY KEITH NUTHALL
A MEETING of the AFI GNSS implementation task force of the International Civil Aviation Organisation’s (ICAO) eastern and southern Africa office has been told of difficulties “establishing reliable communications” between the European satellite navigation system EGNOS and reference and integrity monitoring stations (RIMS) at Addis Ababa – Ethiopia, Bria – the Central African Republic and Nairobi – Kenya.…

BY KEITH NUTHALL
THE INTERNATIONAL Civil Aviation Organisation (ICAO) has rejected European Union calls to allow countries to impose fuel taxes on all airlines operating within their territories. ICAO will allow taxes on local carriers, however.…

BY ALAN OSBORN
THE CHAMBER of Shipping has called for changes to a proposed European Union (EU) directive which would criminalise ship-source pollution, amidst industry concern about its extension of pollution damage liability to shipowners. Also, the legislation, that recently received political support at the EU Council of Ministers for justice and home affairs, would clash seriously with the International Maritime Organisation’s (IMO) key shipping insurance MARPOL convention, Donald Chard, the chamber’s head of legal affairs told Insurance Day.…

BY JONATHAN THOMSON
BRITISH engineers have developed an invention making hybrid cars even more fuel efficient, possibly breaking the “magic target” of 100 miles per gallon, reducing their emissions and making them more attractive to consumers. Hybrid vehicles running on a combination of traditional fuel and electrical power have already produced significant pollution results.…

BY KEITH NUTHALL
PROGRESS has been made in renewing the 1994 International Tropical Timber Agreement, which regulates trade in the commodity and expires next year. Representatives of 58 countries have asked UN Conference on Trade and Development (UNCTAD) officials to draft a successor agreement for approval next February.…

BY KEITH NUTHALL
THE SUSPENSION of chicken product imports into the European Union (EU) of chicken products and birds from Thailand, Cambodia, Indonesia, Japan, Laos, Pakistan, China, South Korea and Vietnam will remain until March 31, 2005. The extension, (from December), of the bird flu ban was confirmed by the EU’s Standing Committee for the Food Chain and Animal Health.…

BY KEITH NUTHALL
SUB-SAHARAN Africa countries are restricting their growth through burdensome company registration regulations, claims the International Finance Corporation (IFC). It adds most countries in the region (bar South Africa and Botswana) have weak property protection laws. Chad requires 19 procedures to register a business, compared with two in Australia.…