Cold Spring selects a construction manager at risk for its government center remodel, aiming to reduce city liability and streamline project management amid uncertainties typical of renovation projects.
The proposed “Mar-a-Lago Accord,” modeled after the 1985 Plaza Accord, aims to address trade imbalances by adjusting currency values. However, China is likely to resist such an agreement due to its reliance on a weaker renminbi to support export growth.
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