The Economist (October 20)
“Some 4,500 satellites circle Earth, providing communications services and navigational tools, monitoring weather, observing the universe, spying and doing more besides. Getting them there was once the business of the superpowers’ armed forces and space agencies. Now it is mostly done by companies and the governments of developing countries.”
Tags: Communications, Companies, Developing countries, Earth, Governments, Navigational tools, Satellites, Space agencies, Spying, Superpowers, Weather
The Economist (March 22)
“Global spending on basic infrastructure—transport, power, water and communications—currently amounts to $2.7 trillion a year when it ought to be $3.7 trillion. The gap is almost as big as South Korea’s GDP. And it is likely to grow fast.” To close the gap, governments need to step forward, and new ways need to be found to coax private capital investment in infrastructure.
Tags: Communications, Gap, GDP, Government, Infrastructure, Investment, Power, Private capital, South Korea, Spending, Transport, Water