Index Investing News
Friday, April 3, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

US, Japan signal support for Texas high-speed rail plan By Reuters

by Index Investing News
April 11, 2024
in Stocks
Reading Time: 2 mins read
A A
0
Home Stocks
Share on FacebookShare on Twitter


TOKYO/WASHINGTON (Reuters) – The governments of the United States and Japan signalled support for a plan to build the first high-speed rail in the U.S. using Japanese bullet trains after their leaders met in Washington on Wednesday.

Reuters exclusively reported this week that President Joe Biden is seeking to revive interest in the project linking the Texas cities of Dallas and Houston and was likely to raise the issue during Prime Minister Fumio Kishida’s state visit.

The project was among several named in a fact sheet published by the White House after the talks outlining “political understandings” that were affirmed during the visit.

“The U.S. Department of Transportation and Japan’s Ministry of Land, Infrastructure, Transport and Tourism welcomed Amtrak’s leadership of the Texas Central High Speed Rail Project, utilizing Shinkansen technologies,” the fact sheet said.

“The successful completion of development efforts and other requirements would position the project for potential future funding and financing opportunities.”

While advocates for the project, estimated to cost around $25 billion to $30 billion, hope political support can unlock new public and private cash to finally realise an idea that has been talked about for decades, it still faces potential hurdles in Texas and the U.S. Congress.

The 240 mile (380 km) rail link, which will be built and operated by Texas Central Partners and Amtrak, is expected to cut travel times between the cities to about 90 minutes, from three-and-a-half hours by car.

Japanese state lenders, including the Japan Bank for International Cooperation, have provided loans to help develop the project, which plans to procure “shinkansen” bullet train technology from Central Japan Railway.

Progress with the project would be a win for the Biden administration, which has pushed climate-friendly policies and rail investment.

But it has been opposed by some local groups over land and other concerns and is likely to draw criticism, particularly from hardline Republican lawmakers in the U.S. House of Representatives, who have objected to using public funds for rail projects in the past.





Source link

Tags: HighSpeedJapanPlanrailReutersSignalSupportTexas
ShareTweetShareShare
Previous Post

Jets’ Aaron Rodgers shares huge admission about Achilles injury

Next Post

Margot Robbie working on ‘Monopoly’ movie, Lionsgate announces

Related Posts

Stop Managing the Excess Inventory Backlog. Start Clearing It.

Stop Managing the Excess Inventory Backlog. Start Clearing It.

by Index Investing News
March 28, 2026
0

The numbers are hard to ignore. According to the National Retail Federation, retailers expect ~16% of annual sales to be...

A Look at Viruses: What They Do and How They Do It

A Look at Viruses: What They Do and How They Do It

by Index Investing News
April 1, 2026
0

In our usual conversations, “having a virus” means being ill with some kind of infection. The virus is what we...

Small-cap Russell 2000 enters correction territory

Small-cap Russell 2000 enters correction territory

by Index Investing News
March 24, 2026
0

A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York...

Sanofi: An Undervalued Stock For Long-Term Dividend Growth Investors (SNY)

Sanofi: An Undervalued Stock For Long-Term Dividend Growth Investors (SNY)

by Index Investing News
March 16, 2026
0

Founder of Dividend Mantra. Founder of Mr. Free At 33. Co-Founder of Dividends & Income. I started blogging about my journey...

Community Development Services That Qualify for CRA Credit

Community Development Services That Qualify for CRA Credit

by Index Investing News
March 20, 2026
0

When federal banking agencies evaluate your bank’s Community Reinvestment Act performance, lending and investments often dominate the conversation. But there’s...

Next Post
Margot Robbie working on ‘Monopoly’ movie, Lionsgate announces

Margot Robbie working on 'Monopoly' movie, Lionsgate announces

What Happens If Interest Rates Stay High?

What Happens If Interest Rates Stay High?

RECOMMENDED

Palestinian activist’s deportation a ‘violation of free speech,’ says advocate | Hanomansing Tonight

Palestinian activist’s deportation a ‘violation of free speech,’ says advocate | Hanomansing Tonight

April 12, 2025
Powerball winning numbers for Wednesday Oct. 26, 2022

Powerball winning numbers for Wednesday Oct. 26, 2022

October 27, 2022
Second Ukraine drone strike on Putin’s oil depot sparks ‘doomsday’ explosion lighting up the night time throughout Russian city

Second Ukraine drone strike on Putin’s oil depot sparks ‘doomsday’ explosion lighting up the night time throughout Russian city

December 22, 2024
Shares lose extra floor as jitters develop over tariffs and economic system

Shares lose extra floor as jitters develop over tariffs and economic system

February 28, 2025
The Ashes weather forecast: Rain threatens England hopes of victory at the Oval, London

The Ashes weather forecast: Rain threatens England hopes of victory at the Oval, London

July 31, 2023
A Closer Look at Preventing Veteran Suicide

A Closer Look at Preventing Veteran Suicide

May 29, 2023
Inflation back on the rise, housing prices rising again

Inflation back on the rise, housing prices rising again

April 16, 2024
War in Gaza is Israel’s moment of reckoning

War in Gaza is Israel’s moment of reckoning

October 12, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In