Manhattan’s One Percenters will now have one more type of real estate investment that the have-nots of the world could never hope to afford: $1 million parking spaces. The spots for sale cost more per square-foot than the luxury building’s apartments do.
The Australian government is pondering a new plan for disposal of waste from expanding the country’s port of Abbot Point, which would see the dredged mud and sand reused on land instead of being dumped by the Great Barrier Reef, as was initially planned.
Turkish police fired water cannon and tear gas at protesters in Istanbul, where hundreds rallied to vent anger over the deaths of 10 construction employees. The workers were killed Saturday when their elevator crashed down from the 32nd floor.
Egypt is planning to build a new Suez Canal alongside the existing waterway, as part of a multi-billion dollar project to invest in port and shipping infrastructure. This will be a vital source of hard currency to the Arab country.
New York City is moving forward with a proposal that calls for a new high-rise apartment complex to feature separate doors for wealthy tenants and those living in the building’s affordable housing unit.
Dubai has announced plans to build the first climate-controlled city on the planet. The area, constructed under a huge glass dome, will accommodate the world's largest shopping center, over 100 hotels, and a wellness district for medical tourists.
A Chinese idea of creating two New Silk Roads could be a big boom for a lot of people who live along the Silk Road route, and obviously all the countries at both ends of it, China expert Ann Lee told RT.
Bulgarian officials say the construction of the Russian-led South Stream gas pipeline does not breach EU legislation. The European Commission is concerned the agreement between Russia and Bulgaria violates EU competition law.
The man who designed a malfunctioning smoke extraction system at Berlin Brandenburg Airport – one of the reasons for the delayed airport opening – was not a trained engineer, German journalists revealed.
Attempts to halt the construction of the South Stream pipeline is another deranged power and land grab by Brussels, trying to dictate its own roles outside the EU, global financial markets expert Patrick Young told RT.
Bulgaria’s prime minister, Plamen Oresharski, has ordered a halt to work on Russia’s South Stream pipeline, on the recommendation of the EU. The decision was announced after his talks with US senators.