Recovery

submitted by Samuel Bendett

homelandsecuritynewswire.com - by David Killick - August 15, 2014

You do not see it, but you certainly know when it is not there: infrastructure, the miles of underground pipes carrying drinking water, stormwater and wastewater, utilities such as gas and electricity, and fiber-optics and communications cables that spread likes veins and arteries under the streets of a city.

That calamity hit Christchurch, New Zealand, in a series of earthquakes that devastated the city in 2010 and 2011.

The organization created to manage Christchurch’s infrastructure rebuild – it is called SCIRT, for Stronger Christchurch Infrastructure Rebuild Team— has a vital role, and it has become something of a global model for how to put the guts of a city back together again quickly and efficiently after a disaster.

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SCIRT - http://strongerchristchurch.govt.nz/

Christine Lagarde, the managing director of the IMF, presents her address to the Inclusive Capitalism Conference. Photograph: John Stillwell/AP

Christine Lagarde tells London conference banking sector is still resisting reform and taking excessive risks

theguardian.com - by Angela Monaghan - May 27, 2014

The head of the International Monetary Fund has warned that a persistent violation of ethics among bankers and rising inequality pose a major threat to growth and financial stability.

Christine Lagarde told an audience in London that six years on from the deep financial crisis that engulfed the global economy, banks were resisting reform and still too focused on excessive risk taking to secure their bonuses at the expense of public trust.

She said: "The behaviour of the financial sector has not changed fundamentally in a number of dimensions since the crisis.

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