The need to repair the nation’s crumbling infrastructure increases with each passing day. Cash-strapped state and local governments are desperate for new sources of funding since the old ways of financing and constructing public facilities through bonds and taxes is no longer equal to the task. That’s because the infrastructure gap is huge… and growing. [...]
Cash-strapped federal and state governments are increasingly looking to private capital to supplement public funding for desperately needed infrastructure projects. The Organization for Economic Co-Operation and Development (OECD) says the world economy is expected to grow on average at close to 3% per year to 2030. The group warns that the fast pace of global [...]
House Speaker, Nancy Pelosi, is calling upon California venture capitalists to help Congress solve some of the most pressing issues facing the United States today, reports the San Francisco Chronicle. The report states that Pelosi has asked Silicon Valley leaders to send Washington their ideas on how to reverse global warming, improve education and health [...]
The United States is headed toward decline, and needs to wake up to the dire state of its infrastructure, according to a report co-published by the Urban Land Institute and Ernst & Young. The study however warns that “political will may only emerge when people face imminent reward or immediate risk–a bridge collapse or a [...]
A growing number of investors see a goldmine in green ventures, and they are pouring billions into alternative energy, namely wind. Rapid growth is predicted in the global wind market and the United States is one of three nation’s leading future growth in the industry, according to Reuters, citing a German research study. In fact, [...]
Although a number of banks hit by the U.S. subprime crisis have announced cutbacks, they have not trimmed talent in high-growth markets in China and many other parts of Asia, reports China Daily. China’s economy, the world’s fourth-largest, grew 10.6% in the first quarter from a year ago after expanding by 11.4% in 2007, the [...]
A consortium led by Spanish infrastructure company Abertis has been named the winning bidder in the largest U.S. toll road deal in history. Citigroup is part of the consortium, which has offered $12.8 billion to lease the Pennsylvania Turnpike for 75 years. Although the Pennsylvania state legislature has yet to approve the deal, Abertis says [...]
The U.S. has at least a $170 billion annual funding gap in addition to its outmoded land use and infrastructure models, according to a report by the Urban Land Institute and Ernst & Young. The nation’s 54,000 drinking water systems also face an annual shortfall of at least $11 billion to replace aging facilities over [...]
In Michigan, plans to expand and improve I-94 through Jackson County are reportedly expensive and long overdue, according to the Jackson Citizen Patriot. In Pennsylvania, a three-mile stretch of I-95 was recently shut down, backing up traffic for miles, according to Fox News. The reason for the delays: emergency repairs on a 6-foot crack in [...]
Industry experts see no shortage of restructuring work on the horizon. The Federal Reserve says the percentage of banks reporting tighter lending standards is near historic highs for nearly all loan categories. Now, as credit conditions tighten, corporate insolvencies and workouts are expected to increase. The nation’s leading experts anticipate a “big spike” in corporate [...]
You are currently browsing the archives for the Financial Engineering Jobs category.
