The Limited Times

Now you can see non-English news...

Infrastructures, new opportunities for individuals

2021-11-12T21:08:21.357Z


ANALYSIS - The vast American and European plans offer immense horizons to investors. After intense negotiations, Joe Biden, the president of the United States, succeeded, just a week ago, in passing by the Congress his vast plan of investments in the infrastructures. This legislative package called " Build Back BetterWill be spread over five years. It provides for an envelope of 1000 billion dollars of expenditure, the equivalent of the annual GDP of the Netherlands, to renovate t


After intense negotiations, Joe Biden, the president of the United States, succeeded, just a week ago, in passing by the Congress his vast plan of investments in the infrastructures.

This legislative package called "

Build Back Better

Will be spread over five years.

It provides for an envelope of 1000 billion dollars of expenditure, the equivalent of the annual GDP of the Netherlands, to renovate the roads, bridges, rail, ports or even the dilapidated airports of the country.

It should also make it possible to accelerate the development of high-speed internet, renovate the electricity networks and promote the development of charging stations for electric cars.

The announcement immediately spiked Wall Street: the same day, the three major American indices set records.

The Dow Jones climbed to over 36,000 points, the Nasdaq approached 16,000 points and the Standard & Poor's 500 approached 4,700 points at the close.

Read also

Joe Biden gets 1000 billion for infrastructure

For its part, in 2020, the European Union

This article is for subscribers only.

You have 80% left to discover.

To cultivate one's freedom is to cultivate one's curiosity.

Continue reading your article for € 1 the first month

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All news articles on 2021-11-12

You may like

News/Politics 2024-03-14T09:35:25.431Z
News/Politics 2024-02-27T09:15:56.936Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.