news image - Alabama sewage job drags county down the drain

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Alabama sewage job drags county down the drain

The largest county in Alabama is headed for the biggest municipal bankruptcy in US history, a US$3.2 billion mess caused by a corruption-riddled sewer construction project and the credit crunch.

news image - Abu Dhabi steel prices rocket 91% in six months

Abu Dhabi steel prices rocket 91% in six months

Steel prices in Abu Dhabi rose 91 per cent in the first half of 2008 as a construction boom in the United Arab Emirates drained the local market.

news image - Building code lapses led to fire deaths, report says

Building code lapses led to fire deaths, report says

A report into the fire at the former Deutsche Bank building in New York that killed two firefighters last August has found that contractors tearing down the building didn’t have a formal demolition permit.

news image - Turkey slow to learn $17bn quake lesson, experts warn

Turkey slow to learn $17bn quake lesson, experts warn

The effects of a devastating earthquake in Turkey that killed thousands of people nine years ago are still felt keenly, but experts say politicians haven’t yet prepared the country for the next one, which is inevitable.

news image - Who will pay most for Cambodia’s development?

Who will pay most for Cambodia’s development?

As investors poise to spend billions making Cambodia’s coast the next hotspot for sunseekers, human rights groups fear more violent and illegal mass evictions to make way for the resorts and supporting infrastructure.


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