Jonathan Carmody - Senior Editor Americas - Infralogic | LinkedIn Kathryn A. Wolfe is POLITICO Pro's deputy transportation editor. Throughout the recent economic shocks, infrastructure equities were more resilient and had a lower risk profile than global listed equities. Today, put a dollar value on the trustworthy reporting you rely on all year long. The United States economy suffers from a problem. Over the Memorial Day weekend, President Joe Biden and House Speaker Kevin McCarthy (R-CA) announced an agreement to avoid a U.S. debt default, which has been estimated as early as June 5th by U.S. Treasury Secretary Janet Yellen. Crafted in the basement hideaways of the Senate late into the night, over, at varying times, pizza, cannolis, wine, tacos, burritos (and many other food items I failed to track), the BIF formed the foundations of the bill the Senate is preparing to vote on. Microsoft analysts said they had "moderate confidence" this Chinese group, which it dubbed as 'Volt Typhoon', was developing capabilities that could disrupt critical communications infrastructure between the United States and Asia region during future crises. The Federal Energy Regulatory Commission (FERC) would then have a year to seek and consider public comments on the study before filing a report to Congress. if (document.MAX_used != ',') document.write ("&exclude=" + document.MAX_used); We can't hold those in power accountable and uplift voices from the community without your partnership. Infrastructure Monitor 2021 Report Infrastructure Monitor is the GI Hub's annual flagship report on the state of investment in infrastructure. Low government investment has made Britain poorer, says report. "However, Western economies are deeply interconnected," it added. '&charset='+document.characterSet : '')); US military has been observing metallic orbs making extraordinary Progressive losses mount: Here are five big disappointments. The closely negotiated proposal quickly passed the House of Representatives by a vote of 314-117 and was then taken up and passed in the Senate by a vote of 63-36 the following evening. On Monday May 8th, the Michigan Section of ASCE released the 2023 Report Card for Michigan's Infrastructure in Lansing, MI. PDF Global Infrastructure Index 2021 - Ipsos document.write ("&loc=" + escape(window.location)); On the campaign trail, President Biden talked about spending up to $2 trillion over 10 years to upgrade the nation's crumbling infrastructure. And they, like us, seem willing to wait the few extra days necessary to get it done. Every four years, the American Society of Civil Engineers Report Card for Americas Infrastructure depicts the condition and performance of American infrastructure in the familiar form of a school report cardassigning letter grades based on the physical condition and needed investments for improvement. The Biden administration wants to block JetBlue from buying Spirit, saying the deal would reduce competition and hurt travelers. May 24 (Reuters) - A state-sponsored Chinese hacking group has been spying on a wide range of U.S. critical infrastructure organizations, from telecommunications to transportation hubs, Western intelligence agencies and Microsoft (MSFT.O) said on Wednesday. The industry leader for online information for tax, accounting and finance professionals. Explore a country's capability to deliver infrastructure projects. Directing the Council on Environmental Quality to conduct a study on applying modern digital technologies to provide efficiency in the permitting process. document.write ('&cb=' + m3_r); Report Card for America's Infrastructure | ASCE | ASCE This grade is an upgrade for Michigan, which received a "D+" in . Making the Grade: US Infrastructure Assessment, ASCE Committee on Americas Infrastructure, U.S. Infrastructure Grade: Explore the Categories, #GameChangers: Innovative Infrastructure Solutions, Benefits to States from the Infrastructure Investment & Jobs Act. Learn more. February 24, 2023 A JetBlue passenger jet took evasive action while coming in to land at Boston's Logan airport to avoid hitting another plane. March 22, 2023 On Capitol Hill, senators grilled Norfolk Southern Railway's CEO about the toxic derailment in East Palestine, Ohio. Mobilising private capital is key to closing the infrastructure financing gap and has become even more critical as the pandemic and economic and geopolitical shocks have limited the investment capacity of governments. February 15, 2023 The acting head of the FAA was grilled on Capitol Hill over recent safety lapses and a computer system failure. Waithaka was killed in 2019 crash of a Boeing 737 Max airliner. February 10, 2023 Southwest Airlines was on the hot seat during Thursday's Senate panel hearing. In this role, Schaper covers aviation and airlines, railroads, the trucking and freight industries, highways, transit, and new means of mobility such as ride hailing apps, car sharing, and shared bikes and scooters. Meet the Newsroom | CQ At a briefing for infrastructure reporters on Saturday, Trump's Director of the National Economic Council Gary Cohn said that spinning off air traffic control from the FAA would be an "enormous . A top-down econometric approach using panel data to draw inferences on infrastructure investment. Valerie Yurk is a transportation and infrastructure reporter at CQ and Roll Call, where she covers issues in Congress, implementation of the Bipartisan Infrastructure Law and more. document.write ("?zoneid=61&target=_blank&block=1"); Microsoft said the Chinese hacking group has been active since at least 2021 and has targeted several industries including communications, manufacturing, utility, transportation, construction, maritime, government, information technology, and education. The FT . February 27, 2023 After a train derailed in rural Ohio, the community is concerned about the near- and long-term health impacts of the hazardous waste that the train was transporting. Making the Grade: US Infrastructure Assessment, ASCE Committee on Americas Infrastructure, U.S. Infrastructure Grade: Explore the Categories, #GameChangers: Innovative Infrastructure Solutions, Benefits to States from the Infrastructure Investment & Jobs Act. Jet fuel, consumer demand and airline staffing shortages are all to blame. 'https://v1adserver.com/www/delivery/ajs.php':'http://v1adserver.com/www/delivery/ajs.php'); "As this study shows, we risk significant economic losses, higher costs to consumers, businesses and manufacturers and our quality of life if we don't act urgently," Smith said. That's right: the bipartisan infrastructure DEAL. The report included nine infrastructure categories, and overall, Vermont earned a grade of C, the same grade as the 2019 Vermont state report card. hide caption, January 12, 2023 The Federal Aviation Administration said late Wednesday that early work traced the blackout to a "damaged database file.". The engineers' group says the U.S. is spending only half of what it needs to invest in infrastructure improvements just to bring systems up to par, and projects an infrastructure funding shortfall of $2.59 trillion over the next 10 years. Exclusive news, data and analytics for financial market professionals, Reporting by Chavi Mehta in Bengaluru; Editing by Anil D'Silva, Canada facing rising threat from cyberattacks, defence minister says, Twitter's head of trust and safety says she has resigned, Japan privacy watchdog warns ChatGPT-maker OpenAI on user data, House lawmakers urge US to rally allies over China Micron ban, Dell's quarterly profit drops less than feared on cost cuts, Apple denies surveillance claims made by Russia's FSB, Semi shorts down $18 billion in mark-to-market losses in 2023, S3 Partners says, Getty asks London court to stop UK sales of Stability AI system, Amazon's iRobot deal faces July 6 EU antitrust deadline. March 7, 2023 The Biden administration sued on Tuesday to block the $3.8 billion purchase, saying the deal would reduce competition and drive up air fares for consumers. Many of the country's roads, bridges, airports, dams, levees and water systems are aging and in poor to mediocre condition. While the legislation does lay out larger fiscal policy over the next two years, many provisions in the bill have direct ties to the nations infrastructure. But reporters had to hang nearby, unsure of whether senators might finally strike an agreement on how to proceed and pass the bill in the early morning hours. } Photo courtesy Nick Judin. Since joining NPR in 2002, Schaper has covered some of the nation's most important news stories, including the Sandy Hook school shooting and other mass shootings, Hurricane Katrina and its aftermath, the 2010 earthquake in Haiti, California wildfires, the BP oil spill in the Gulf of Mexico, and numerous other disasters. "You can report exposed wires to us on 13 24 12. The antiquated system is now functioning but questions remain. The Senate is expected to get cracking on that budget bill in the coming days, but first, they've got to kick this one over the finish line. The bill makes energy storage projects eligible for permitting under the FAST-41. World Energy GH2 acquires Canadian Port of Stephenville, Belize signs hospital loan deal with Saudi fund, CMA CGM completes takeover of LaMridionale, Constellation acquires stake in Texas nuclear plant, IVL, Carbios launch JV for PET bio-recycling plant, France, IFC backs India's Best revamp of bus depots, Paprec takes a controlling share in Spanish GBi, Funds Report Q1 fundraising bottoms out, League Tables Q1 down, but not (entirely) out. In its last report card in 2017, the ASCE gave an overall grade point average for American infrastructure of D+. Watch Live: Trump to privatize air traffic control - CBS News On the way there, there have been many stages of negotiations and lots of closed-door meetings, which means there have been countless evenings spent sitting in the hallways with fellow Senate reporters eating Skittles and trying to outwit one another on Twitter while waiting for senators to emerge with even a morsel on the state-of-play. Core infrastructure has been making a comeback and perhaps that's perfectly illustrated by the . The Global Infrastructure Hub would like to extend our thanks to the peer reviewers from the following organisations who provided a large number of helpful comments and suggestions: Australian Treasury, The Brattle Group, European Bank for Reconstruction and Development, Inter-American Development Bank, International Monetary Fund, and the University of Cape Town. January 13, 2023 This week's NOTAM system failure, which caused thousands of flight delays and cancelations, has airline industry leaders calling for more stable funding to upgrade antiquated FAA systems. Many of the country's roads, bridges, airports, dams, levees and water systems are aging and in poor to mediocre condition. Frederic Lancelot/AP This year, the analysis of environmental, social, and governance factors in infrastructure will be released in the coming months, to allow for the inclusion of the most current data. '&charset='+document.charset : (document.characterSet ? It's been a lengthy journey, the conclusion of which is still unclear. The evenly divided Senate is currently on track to take a key procedural vote on a $1.1 trillion bipartisan infrastructure deal that would fund things like roads, bridges and waterways, on Saturday. March 9, 2023 Norfolk Southern's CEO and others testify during a Senate committee hearing on the fiery train derailment that occurred in early February in East Palestine, Ohio. Structurally Deficient Bridges | Bridge Infrastructure | ASCE's 2021 Some Democrats called for an airline passengers bill of rights that would include big payouts for delays. Microsoft warns that China hackers attacked U.S. infrastructure - CNBC And they, like us, can appreciate that passing historic legislation is always a more time-consuming process than we thought it would be. //]]>-->. However - overall - data show a marked decline in activity on the preceding 2 half-year periods 1 2 3 4 5 6 7 8 9 10 . This field is for validation purposes and should be left unchanged. Default and recovery rates of infrastructure debt have been consistently better than those for non-infrastructure debt, and this gap widened during the pandemic in 2020. 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Published Nov. 8, 2021 The $1 trillion infrastructure plan now on President Joe Biden's desk could bring billions of dollars to Florida for roads, bridges, public transportation, clean water and. Do Not Sell or Share My Personal Information. Hannity says hes not interested in facilitating or listening to Why Trumps threats to birthright citizenship spark fear, Woman arrested in Washington after refusing treatment for tuberculosis for year, Maxwell Frost slams DeSantis on stage at DC Paramore concert, McCarthy impresses Senate GOP with surprise wins in debt ceiling battle, In Ukraine, Russia is nearly down to its nukes. Select your home state, and we'll let you know about upcoming legislation. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_3" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_4" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_5" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_6" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_7" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_8" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_9" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_10" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_11" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_12" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_13" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_14" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_15" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_16" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_17" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_18" ).setAttribute( "value", ( new Date() ).getTime() ); ADA Accessibility Project at New York MTAs Livonia Avenue Station in Brooklyn receives prestigious Construction Project of the Year Award (Credit: TAP Electric) A major subway accessibility improvement project at the Livonia Avenue Station on the Canarsie Line in Brooklyn,, Emergent Solar Energy, based in the Purdue Research Park of West Lafayette, has constructed a 210-kilowatt, roof-mounted solar installation at the Indianapolis headquarters of Abel Construction Co., located near the Indianapolis Motor Speedway. "But no matter what varied methods are used, none of this can change the fact that the United States is the empire of hacking," she told a regular press briefing in Beijing. Reports Archive State Infrastructure Rankings | ASCE's 2021 Infrastructure Report Card In this webinar, we presented the headline findings of our Infrastructure Monitor 2022 report and ESG supplement. $2.2 billion in unobligated FY 2021 Omnibus appropriations for Federal Highway Administration programs, excluding any IIJA resources.
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