Word: pan-european
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...Regulations limiting the number of seats on a plane relate to the number of emergency exits, not to passenger comfort - even though there are rules defining minimum space for transporting live animals. It's a similar situation with cabin air quality. Rules set by the Joint Aviation Authority, a pan-European coalition that develops regulations on aircraft design and maintenance, stipulate that the cabin must be free of "harmful or hazardous" concentrations of gases or vapors, though it doesn't define them. Similarly, regulations state that passengers must receive "enough fresh air" - although no amounts are specified...
...Mart is smart enough to devise solutions and rich enough to carry them out-especially since Europe is key to its plans to become a global player. Michael Poynor, retail director at London consultancy COBA Group, says Wal-Mart could achieve the scale it needs by taking a pan-European tact and scooping up another big chain in a third country. But that will take more time and money. And investors may go along for the ride for only as long as the good times continue to roll at a double-digit pace...
...foxhunting, it's also banning the use of nonmetric measurements, like feet, inches, miles and gallons, in favor of European measurements that most Brits abhor. Blair has reformed the House of Lords to gut it of its historical privileges. He is busy merging the British armed services into a pan-European force. After the next election, he is all but committed to abolishing the pound sterling in favor of the euro...
...Netherlands. Thanks to Kaempfer's vision, millions of Europeans can comfortably shop at places like the Parndorf Designer Outlet, east of Vienna, just as they can in Michigan or New Jersey, for huge savings on brand names like Nike and Gap. "BAA McArthurGlen is the pioneer of pan-European outlet shopping," says Clive Minihan, director of the Credo Group, a developer of retail and new-media business in London. Pioneering has paid off. BAA McArthurGlen has grown from scratch to a sizable (revenues of $472.3 million in the fiscal year ending March 31) behemoth that must now contend with upstart...
JAMES GRAFF is TIME's bureau chief in Brussels, where he covers NATO, European politics and pan-European business issues. To report on our Board of Economists meeting, he made his third trek to the World Economic Forum in Davos, where, he says, "there were more billionaires than ever--but this time plenty of protesters...