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BY MARK ROWE
THE CURRENT ATM system is flawed in many ways – one key problem being the inherent inefficiencies of an airway system relying on ground-based navigational aids and routes set up around 50 years ago. ANSPs have a responsibility to ensure the environment – in the air and on the ground – is protected as much as possible from wasteful engine emissions of noxious substances.…

BY KEITH NUTHALL
COMPETITION clearance has been granted by the European Commission to the planned deal involving Finnish paper manufacturer UPM-Kymmene Corporation acquiring Morgan Adhesives, a United States-based company making adhesive labels for manufacturers. Brussels concluded after an inquiry that the takeover would not damage competition in the European Union (EU) as US-based Avery Dennison would remain the market leader in Europe.…

KEITH NUTHALL
THE UNITED Nations’ (UN) Food and Agriculture Organisation has welcomed the development of a privately funded fish farming sector in Saudi Arabia, following 20 years of research to identify the ideal fish for local aquaculture.

A note published by the FAO says that the Saudi Fish Company, at Al-Shaqiq near the southern Red Sea, is already producing 1,500 tonnes of fish-a-year; the National Shrimp Company, in the Al-Laith area, also on the Red Sea, is expecting to produce 10,000 tonnes annually soon; and the Gizan Agricultural Company is building farming facilities for 1,000 tonnes-a-year.…

Keith Nuthall
ACCOUNTANTS should help develop standardised accounting methods to operate greenhouse gas trading systems created because of the Kyoto Protocol on global warming, says a new United Nations report, co-authored by finance industry heavy hitters, such as the Dresdner Bank Prudential and Swiss Re.…

BY KEITH NUTHALL AND MARK ROWE
RESEARCHERS at the University of Essex have developed a new method of measuring rainfall accurately, that they claim could help improve the control of floods and reduce the potentially devastating losses that they can cause.…

BY RICHARD HURST
MONEY laundering is all about fake respectability, transforming the seedy and ill-gotten into the legitimate and well-earned; so in Africa, where better to launder criminal money than through the continent’s most developed economy, South Africa.

Mike Savage, partner at Ernst & Young South Africa, said that the biggest problem facing African governments wanting to seriously tackle money laundering is to pinpoint the movement of funds that are moved across porous borders in a bid to cover tracks and conceal sources.…

Keith Nuthall
INSURANCE companies must brace themselves for exposure to US$150 billion in liabilities from natural disasters linked to global warming, says a new United Nations report, co-authored by industry heavy hitters, such as Prudential and Swiss Re. ‘Climate Change and the Financial Services Industry’ advises the insurance industry to follow an action plan, to withstand policy payouts for floods, storms, forest-fires and other natural disasters, which it says “appear to be doubling every decade and have reached one trillion US dollars in the past 15 years.”…

BY MARK ROWE
A TEAM of scientists has visited Bosnia and Herzegovina amidst concerns that 12 areas of the country were contaminated with harmful radiation after being targeted by ordnance containing depleted uranium (DU) during the conflict in the former Yugoslavia.…

BY KEITH NUTHALL
FRANCE’S Suez and the United Nations Education, Scientific and Cultural Organisation (UNESCO) have launched a joint drinking water improvements programme that will provide around Euro 300,000 in its first three years and will initially concentrate on the Volga-Caspian region.…

BY MARK ROWE
INDONESIAN textile producers have warned that their industry faces thousands of job losses as smuggled used garments flood the Indonesian market. The past few months have seen a rise in smuggled goods from China, Japan, Korea, Taiwan, the United States and some European countries.…