Will 2016 Be The End Of The Current Skyscraper Boom?

Submitted by Mark Thornton via The Mises Institute,

With more financing in place, the world’s tallest skyscraper is moving forward.

Recent media reports indicate that the final segment of financing has been obtained for the $1.2 billion Jeddah Tower project in Saudi Arabia. This is the financing that would be necessary to bring the project to record heights. Media reports also show that the structure has risen to more than seventy-five meters (246 feet) and construction is proceeding at an uninterrupted pace.

Labour Party Suspends MP For ‘Sexting’ 17 Year Old Girl

MP Simon Danczuk has been suspended by the Labour party following allegations that he ‘sexted’ a 17-year-old girl in his constituency. The Sun newspaper alleges that Danczuk, exchanged explicit messages with teenager Sophena Houlihan after she contacted him to ask for a job as a case worker in his office. On Twitter, the Rochdale MP said the story was “not entirely accurate” but referred to “an extremely low point” in his life. RT reports: Danczuk has been a prominent campaigner against child sexual exploitation and played a role in exposing the late Sir Cyril Smith as a pedophile.

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