IMF chief Christine Lagarde, in Peru for the fund’s annual meeting this week, will try to nudge finance leaders into what she says is an urgent policy upgrade to help the global economy avoid another downturn.
Berlin has become a magnet for European youth, with 40,000 new residents flocking to the city every year. The problem: Only about 8,000 new housing units are added a year. Building more is proving a challenge.
German officials have been pondering what to do with the sprawling terminal building at Templehof Airport, a 3.2-million-square foot mix of office space, airport functions and hangars, ever since it closed to aviation in 2008.