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...Ebone Internet network after its sale collapsed. The closure affects thousands of customers across Europe. Ready, set, postpone Yell, the directory business valued at $3.5-$4.3 billion, and Focus Wickes, the retailer worth $1.5-$1.8 billion, canceled their IPOS as London's FTSE 100 hit its lowest levels since 1997. Buy The Chinese Skies China will lift rules restricting foreigners from owning more than 35% of an airline, although Chinese partners must still hold a majority. China Eastern is already 35% foreign-owned. INDICATORS Designer-Label Food The E.U. Parliament passed requirements to label foods with over .5% genetically modified...

Author: /time Magazine | Title: Is Europe's Air Traffic out of Control? | 7/7/2002 | See Source »

...seemingly endless desire for convenience and the lowest possible price has a direct impact, like it or not, on the producer." Prince Charles, scolding Britons who buy cheap food

Author: /time Magazine | Title: Is Europe's Air Traffic out of Control? | 7/7/2002 | See Source »

...good place to start, for it is in many respects a role model. It is the newest big-city airport in the U.S. (it opened in February 1995) and by many measures the best run. Though it is the fifth busiest airport in the U.S., it has had the lowest rate of delays for four straight years. This is due partly to its five nonintersecting runways (a sixth is under construction) and equipment that makes Denver the only airport that can allow three simultaneous landings if needed. Despite well-publicized cost overruns and snafus with its baggage-handling system that...

Author: /time Magazine | Title: The Nation's Best Run Airport — and Why It's Still Not Good Enough | 7/7/2002 | See Source »

...year he returned, running for the Davao mayoralty on his eternal platform: to bring peace and order the Duterte way. The city's 1.3 million residents swept him back into office, and no wonder. On his watch, Davao's per capita crime rate has sunk to the nation's lowest. The local tourism board calls it "the most peaceful city in Southeast Asia." People once fled the place in fear; now they flee other trouble spots in the Philippines?for Davao...

Author: /time Magazine | Title: The Punisher | 6/24/2002 | See Source »

...based on making more effective use of U.S. tax dollars sent overseas. And many officials, notably Treasury Secretary O'Neill, have pointed to the failures of the past and argue that a radically different approach is the only way to justify increasing U.S. aid contributions - which are the lowest on a per capita basis of any major industrial nation...

Author: /time Magazine | Title: U.S. Aid: Who Holds the Purse Strings? | 6/24/2002 | See Source »

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