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BY KEITH NUTHALL
A COMBINED investment of around Euro 50 million in United Utilities Europe (UUE) by the United Utilities group and the European Bank for Reconstruction and Development (EBRD) will allow the subsidiary to increase its ownership of three eastern European water and wastewater companies.…

BY KEITH NUTHALL
IRAN’S foreign minister Kamal Kharrazi has blamed the tough restrictions imposed on its acquisition of nuclear technology via the global Non-Proliferation Treaty (NPT) for his government’s use of secrecy in its civil nuclear programme. “Had it not been for the severity of the impediments, Iran would have pursued all its entirely legal nuclear activities with fuller transparency and in collaboration with other fellow members as it had always sought,” he told a United Nations disarmament conference, in Geneva.…

BY KEITH NUTHALL
THE PETROL additives tetraethyl lead and tetramethyl lead have been provisionally added to a United Nations (UN) Rotterdam Convention Prior Informed Consent (PIC) blacklist, which allows countries to block imports of listed products on environmental health grounds. Final confirmation would be made at a convention meeting this September, in Geneva.…

BY MONICA DOBIE
THE IMPACT of mad-cow disease in the United States the will cause a 10 per cent decline in American farm income in 2004, according to recent economic analysis.

Estimates from Global Insight predict that farm income will be about $5.5 billion lower in 2004 than what it would have been in the absence of BSE.…

BY KEITH NUTHALL
Fast food restaurants in the United Arab Emirates (UAE) are expecting a drop in business following a recent decision by the government there to ban beef products from U.S, according to trade sources. The country imports about 1,387 metric tons of beef each year.…

BY MARK ROWE
RUSSIA is lifting export duties on unalloyed aluminium and primary aluminium alloys. The export duty on raw aluminium will amount to 5 per cent, while unalloyed aluminium and primary aluminium alloys will be exported duty free, according to a statement issued by the Russian government’s information department.…

BY MARK ROWE
RUSSIA’S Urals Mining and Metals Company (UGMK) has bought the nation’s second largest zinc smelter, Elektrotsink. UGMK, which is headed by entrepreneur Iskander Makhmudov, said it intends to invest in production at the zinc smelter factory and produce up to 85,000 metric tons of zinc at Electrotsink this year.…

BY KEITH NUTHALL
EUROPEAN Union (EU) law enforcement agencies are intensifying their fight against the counterfeiting of the Euro currency, as European Central Bank (ECB) figures show an increase in seizures of forged banknotes. In the second half of 2003, 311,925 counterfeit notes were discovered in Euro and non-Euro countries, a 30 per cent increase over the first six months of 2003, when counterfeit seizures had been 59 per cent more numerous than in the previous half-year.…

BY KEITH NUTHALL
POLITICAL leaders in Brussels have been pressed to promote the planting of poplar and willow trees across the European Union (EU) to promote rural development, soil stability and biological de-contamination of ground pollutants. The call has come from the United Nations’ (UN) Food and Agricultural Organisation (FAO), which runs a statutory body called the International Poplar Commission.…

BY MONICA DOBIE
EGG prices in the United States are currently at a 20-year high, with some bakers associations claiming the wholesale price in some states has doubled in less than a year. Agricultural economists blame the lack of supply due to disease outbreaks in California, which saw thousands of egg-laying hens being destroyed.…