While most Indians travel by road or rail, the country is engaged in a major expansion of its aviation industry to serve the needs of its middle class.
Category: Infrastructure (Public Works)
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Biden to Travel to Minnesota to Highlight Rural Investments
The president’s push to focus attention on the domestic economy comes as his administration has been dealing with events overseas after the terrorist attacks in Israel.
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China’s Economy Grew More Than Expected Over the Summer
The government spent heavily on infrastructure, state-owned banks financed a boom in factory construction and consumers spent more, but the housing sector stumbled.
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What is China’s Belt and Road Initiative and How Is It Changing?
Xi Jinping enhanced China’s sway in the world by lending money for infrastructure. Now he’s collecting debts and rethinking his signature aid initiative.
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How Nepal’s Deal With China for an Airport Became an Albatross
China called the project a “signature” of its cooperation with Nepal. Insiders and documents reveal the pitfalls of China’s infrastructure-at-any-cost model.
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State and Local Governments Have Billions in Pandemic Aid Left to Spend
Two years after the federal government approved $350 billion in emergency funding for states and localities to respond to the public health crisis, much of the funds have not been used.
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Tom Conway, Steelworkers President and Biden Ally, Dies at 71
A tough but pragmatic negotiator, he led his union through decades of tumult, then helped drive through the president’s infrastructure plans.
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Truck Stops Upgrade to Recharge Electric Vehicles (and Their Drivers)
Highway travel centers are adding amenities like restaurants and dog parks to accommodate the expanded dwell time of electric vehicle owners.
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Can Ghana’s Debt Trap of Crisis and Bailouts Be Stopped?
The government of Ghana is essentially bankrupt, and has turned to the International Monetary Fund for its 17th financial rescue since 1957.
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What Retail Sales and Other Data Say About China’s Economy
Consumers are spending a little more, but apartment prices and the pace of construction keep falling.
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Ireland’s Latest Fiscal Headache: What to Do With 10 Billion Euros
The government in Dublin has a big budget surplus, thanks to its low tax rate for multinationals. Build more housing? Or a subway? Sock it away? Whatever the case, someone will be unhappy.
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India Wants to Become a Chip Making Superpower
India’s government, seizing on the world’s desire to reduce reliance on China, is offering billions to build an entire semiconductor ecosystem on vast empty plots.