A new government in Nepal formally asked for relief from a $216 million debt it incurred for construction of an airport in Pokhara that has been beset by problems.
Category: Infrastructure (Public Works)
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To Solve Its Housing Crisis, Britain Turns to an Old Idea: New Towns
By reviving an idea from the 1940s, the Labour Party government is hoping to overcome the development hurdles that have plagued previous efforts with a plan to build new communities.
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Los Angeles 2028 Olympic Games Planners See Economic Upside
The 2028 Games will be the third for Los Angeles as host, but it will be a challenge to repeat the success of 1984.
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Riding With a Trucker, Witnessing India’s Past and Potential
Ragib Khan’s careful journey at the wheel of a long-haul truck revealed how far India’s infrastructure has come and how far it has to go.
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2025 Could Be a Great Time to Be President, Economically Speaking
Trends already underway make for a sunny outlook over the next few years. The question is who will get to take credit.
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Before Paris, London Showed How the Olympics Could Be Sustainable
Paris aims to be the most sustainable Olympic Games in history, but it was London over a decade ago that proved host cities didn’t have to end up with empty stadiums in disrepair long after the Games were over.
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Amtrak Passengers Face Record Delays From Extreme Weather
The dated U.S. rail infrastructure is struggling to stay operational as climate change accelerates and intense heat waves, downpours and high winds become more frequent.
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Biden Policies Offer Benefits, but Little Political Payoff, in Pennsylvania
As inflation worries dominate, the Biden administration is struggling to take credit for infrastructure and industrial policy in the battleground state.
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China’s Economy Slows as Housing Troubles Squeeze Spending
After a strong start to the year, spending has weakened as a real estate downturn weighs on consumers and companies. Communist Party leaders are meeting this week to discuss what to do about it.
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Electric Vehicles May Become Harder to Rent
Rental car firms are offering temporary deals on electric cars, which they are selling after they lost value more quickly than expected.