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BY KEITH NUTHALL

THE FIRST meeting of the Transatlantic Economic Council, designed to solve regulatory clashes between the United States and the European Union (EU) has struck a preliminary agreement on biofuel standards. EU and US experts have identified which existing standards for pure biofuels are compatible and will by December 31 identify areas for additional progress in 2008.…

BY KEITH NUTHALL

MOLDOVAN wine and spirits producers are celebrating a partial lifting of an 18 month ban on their products entering Russia, but the embargo has forced their industry upmarket to survive in alternative western markets. So, once the 15 Moldovan drinks manufacturers given permission to sell into Russia start selling product, prices are expected to be 30% more expensive, according to the US-funded Ukraine Agricultural Marketing Project.…

BY KEITH NUTHALL

THE FIRST meeting of a Transatlantic Economic Council established to ease economic problems caused by regulatory clashes involving the European Union and the United States has approved harmonised rules for approving orphan drugs. A communiqué said: "We have eased the burden of introducing new drugs for rare diseases by agreeing a common format to apply for orphan drug designations."…

BY SUZANNE KOELEGA, in Sint Maarten, Netherlands Antilles, JAMES FULLER, in Port of Spain, Trinidad & Tobago, and KEITH NUTHALL

A MAJOR shake up is looming in the political organisation of the Caribbean, with the impending dissolution of the Netherlands Antilles federation, and the creation of separate political units for its composite islands Curaçao, Bonaire, Sint Maarten, Saba and Sint Eustatius (Statia).…

BY KEITH NUTHALL

THE TERM ‘preparation’ for chemical compounds such as paints and coatings is to be replaced in European Union (EU) legislation with the term ‘mixtures’ in a raft of legal reforms covering chemical products. These are being proposed by the European Commission to bring EU chemical mixtures legislation in line with the United Nations’ Globally Harmonised System of Classification and Labelling of Chemicals.…

BY MARK ROWE, in London, JULIAN RYALL, in Tokyo, and RACHEL JONES, in Caracas

PERSONAL care products – soaps, cosmetics, lotions and hair products – have always been important consumers of vegetable and animal-based oils and fats. Yet, this is a complex sub-sector of the global oils and fats industry.…

BY KEITH NUTHALL

AN AGREEMENT on mutual access to airports for civil aviation flying between the European Union (EU) and the United Arab Emirates has been approved by the EU Council of Ministers. The European Commission wants to harmonise all such aviation agreements between the EU and non-EU countries.…

By Paul Cochrane in Beirut

The universities of the Arab world are going to receive a thoroughgoing check-up by education specialists from the United Nations Development Programme (UNDP) in a joint venture with the largest private foundation in the Arab world.…

BY KEITH NUTHALL

A COMPREHENSIVE environmental assessment of oil-production impacted sites is being undertaken in Nigeria’s Niger Delta by the United Nations Environment Programme and the United Nations Development Programme. This follows a request by the Nigerian government peace initiative in Ogoniland.…

BY ANDREW CAVE

TECHNOLOGY generates more technology. Only a decade ago, the Internet had only just come into commercial use and many companies still didn’t have websites.

Before then, money launderers got along fine without internet frauds perpetrated through email and websites and the anti-money laundering industry had to manage without software devoted to online identity verification.…