Protection around America’s bridges has been thrown into question in recent weeks after a massive container ship hit and destroyed the Francis Scott Key Bridge in Baltimore last month. Now, it’s emerged that the safety standards many U.S. bridges are built to are actually based on antiquated models developed in West Germany decades ago. Weekend … Read more
At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone. Whether you come to HuffPost for updates on the 2024 presidential race, hard-hitting … Read more
West Eleventh residences, a luxury building in downtown Miami slated to break ground this summer, promises “endless indulgences.” It will feature an entertainment center, food hall, and a resort pool with private lounges—no amenity is spared. But these condos are designed to lure more than just Miami residents. The tower is part of a new … Read more
Dubai is underwater. Heavy storms have caused flash flooding across the United Arab Emirates, leading to shocking scenes circulating on social media: Cars abandoned by the roadside, planes sloshing through flooded runways. Hundreds of flights have been canceled at Dubai’s busy international airport, and at least 18 people have died in neighboring Oman. News reports … Read more
There’s one word that will get any American fuming, regardless of their political inclination: infrastructure. Pothole-pocked roads, creaky bridges, and half-baked public transportation bind us nationally like little else can. And that was before climate change’s coastal flooding, extreme heat, and supercharged wildfires came around to make things even worse. US infrastructure was designed for … Read more
Solano‐Rojas and his colleagues found subsidence in the area of an overpass near the Olivos station, which collapsed in 2021 while a Metro train was traveling over it. “We did part of this analysis before 2021, and we detected that that area was having differential displacements,” says Solano‐Rojas. “We were like, ‘Oh, yeah, it looks … Read more
President Joe Biden said the Port of Baltimore, impacted by the Francis Scott Key Bridge collapse, would resume normal operations by the end of May as he once again pledged federal government support for the area on Friday. His remarks come 10 days after the Francis Scott Key Bridge was rammed by an enormous container … Read more
Mumbai: Regular income, long-term cash flow visibility and better risk-adjusted returns have led to fund managers investing in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs). These products, considered by fund managers as a separate asset class, deliver returns between equity and fixed income. As per data from Accord Fintech and the ET … Read more
At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone. Whether you come to HuffPost for updates on the 2024 presidential race, hard-hitting … Read more
Construction company Main Facilities has gone bust after over a decade reshaping the state. The state government contractor which worked on commercial projects across the education, justice, and health sectors entered administration last Wednesday. Vanguard Insolvency Australia liquidator Mohammad Najjar was appointed as the administrator to oversee the future of the company, according to ASIC. … Read more
