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BY MARK ROWE

THE CREDIT crunch may be about to apply the handbrake to the Russian economy, but its paint industry continued to flourish in 2008, mirroring the expansion of wealth in the country, and suggesting the sector may buck the expected downturn in the coming 12 months.…

BY KEITH NUTHALL

THE EUROPEAN Commission’s senior nanotechnology regulation official claims Brussels has sufficient authority to block the use of nanoparticles in certain substances and products, and is prepared to use it. Cornelis Brekelmans told a Brussels conference: "We may decide not to authorise a product", dismissing some suggestions that EU environmental health rules need completely rewriting to deal with nanotechnology

ENDS…

BY KEITH NUTHALL

WITH the first major deadline looming for the roll out of European Union (EU) chemical control system REACH, concerns are growing that many chemical associated companies may struggle to successfully comply with its terms.

The system’s administrator the Helsinki-based European Chemicals Agency (ECHA) has been stressing the importance of REACH’s December 1’s pre-registration deadline.…

By Alan Osborn

The world is not over-full of specialist academics at universities and colleges teaching anti-money laundering (AML) methods – but these important experts are out there if you look for them. Their low profile is partly because the subject is often subsumed into financial crime generally and partly because genuine AML skills can command a useful premium to banks and other major financial institutions better able to support lavish salaries and back-up systems.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) has boosted vigilance on imports of Chinese dairy-based products as concerns persist about their potential contamination with the chemical melamine. A ban had already been imposed on imports of such foods designed for infants or young children and systematic checks have been ordered for other composite products containing milk.…

BY GAVIN BLAIR

EXPLOSIVES screening procedures, like most security measures at international airports in Japan, follow the lead of the United States’ Transportation Security Administration (TSA). However, airport operators are somewhat less than satisfied with the performance of the current generation of certified explosive detection systems (EDS) or explosive trace detection systems (ETD).…

BY KEITH NUTHALL

THE SERIOUS and profound lack of knowledge about the environmental health effects of consuming nanoparticles in food products has been made starkly clear in the latest European Food Safety Authority (EFSA) draft report on the issue.

The study, by its ‘Scientific Committee on the Potential Risks Arising from Nanoscience and Nanotechnologies on Food and Feed Safety’ confirms that despite these tiny ingredients already being incorporated in commercially available foodstuffs, scientists know very little about their potential risks to human life.…

BY KEITH NUTHALL

THE GLOBAL market for uranium is booming as climate change gives the nuclear power sector a new lease of life, but given this element’s intrinsic environmental health difficulties, regulatory obstacles for mining companies can be tough.

Maybe nowhere is this more apparent than in the world’s largest uranium producer, Canada: uranium miners’ safety measures have to be doubly secure, lest public opinion prevents work starting in the first place.…

BY JOSEPH GOLDSTEIN

EMPLOYEES of the big four accountancy firms are almost twice as likely to donate money to Barack Obama’s presidential campaign than to John McCain’s. A search of campaign contribution database at OpenSecrets.org shows nearly 640 employees at the big four have contributed to Senator Obama’s campaign, while only 326 employees have donated to Senator McCain.…

By Keith Nuthall

In a sign that the credit crunch is not demolishing all long term thinking in the financial sector, France’s AXA insurance group has continued rolling out funding from a five-year Euro 100 million programme into innovative research exploring risk.…