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Keith Nuthall
THE PURCHASE of adequate accident coverage for all passenger ships operating in European Union waters should become mandatory under proposed EU legislation from the European Commission; it implements last year’s updating of the International Maritime Organisation’s Athens convention on passenger ferries, which limits the liability of a carrier for death or injury involving a traveller to around US$325,000 per passenger.…

BY RICHARD HURST
THE SOUTH African Competition Commission has given the green light to the proposed merger between Harmony Gold and African Rainbow Minerals Gold (ARMgold). The deal includes the acquisition of all the issued share capital of ARMgold by Harmony; once finalised, the merged business will be the largest gold producing company in South Africa.…

BY ALAN OSBORN
FOR the non ferrous metals industries, the formal enlargement of the EU next May will not be an overnight sensation but rather the end of a ten-year process during which producers in eastern and central Europe have progressively adapted themselves to the western European model.…

BY ALAN OSBORN
THE PRESENT European Commission under the presidency of Romano Prodi has sometimes been said to be ‘green-minded,’ in that it takes a more friendly attitude towards the environment than either its predecessors or the European Union member governments.…

Keith Nuthall
Serious doubts have been expressed over the European Commission’s

ability to meet its 2005 deadline for the reform of its accounting system.

In a letter sent on July 2nd to commissioners Michaele Schreyer, who is in

charge of the Euro 79 billion budget, and Neil Kinnock, who handles

internal administration, the commission’s internal auditor Jules Muis said

the proposed timetable was “not achievable.”…

BY KEITH NUTHALL
THE EUROPEAN Commission has welcomed the results of the International Telecommunication Union’s (ITU) World Radiocommunication Conference, saying it earmarked sufficient radio spectrum for the EU’s new Galileo global positioning satellite project. Brussels wanted the conference to ensure it could commend enough frequency to avoid interference problems.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC) of the World Bank is lending US$17.5 million in INDRupees to Indian textile company Alok Industries Ltd, allowing the Mumbai (Bombay)-based company to expand and modernise its knitting facilities and meet growing demand from domestic and international customers.…

BY KEITH NUTHALL
COUNTERFEIT cigarettes are helping to raise money for terror groups, Interpol secretary general Ronald K Noble has warned. In documents sent to the US House of Representatives committee on international relations, he said the problem might become more serious and called for industry-police cooperation.…

BY KEITH NUTHALL
THE OFFICE International des Épizooties, the world animal health organisation, has declared northern Argentina (north of the 42° parallel) free from foot and mouth disease (FMD), albeit with the help of vaccination, backdated to July 7…

BY ALAN OSBORN and KEITH NUTHALL
EUROPEAN Union ministers have agreed to a significant strengthening of EU regulations covering the counterfeiting of goods, a key move for many small businesses, given that insurance against losses caused by their receiving fake goods is hard to obtain, even though the cost of resulting seizures or losses in value may be significant.…