Repair work was agreed but never finished and Derna paid the price. Experts say infrastructure projects have long been neglected, with officials focusing instead on lining their own pockets.
Tag: Infrastructure (Public Works)
-
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.
-
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.
-
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.
-
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.