Index Investing News
Saturday, May 16, 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

Berkshire shares trade lower even after Abel scores good marks at meeting, earnings jump

Berkshire shares trade lower even after Abel scores good marks at meeting, earnings jump

by Index Investing News
May 11, 2026
0

Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 2, 2026.CNBCBerkshire...

The S&P 500 Dividend Yield Just Hit An All-Time Low – Meb Faber Research

The S&P 500 Dividend Yield Just Hit An All-Time Low – Meb Faber Research

by Index Investing News
May 7, 2026
0

The S&P 500 dividend yield just hit an all-time low of 1.08%, the lowest since the 1800s. The prior low...

AbbVie tops quarterly expectations as newer immunology drugs offset Humira decline By Reuters

AbbVie tops quarterly expectations as newer immunology drugs offset Humira decline By Reuters

by Index Investing News
April 29, 2026
0

By Kamal Choudhury and Christy Santhosh April 29 (Reuters) - on Wednesday reported better-than-expected quarterly revenue and profit, fueled by...

What Would Your Retirement Look Like If You Started Investing at 18 vs. 28?

What Would Your Retirement Look Like If You Started Investing at 18 vs. 28?

by Index Investing News
May 3, 2026
0

10 years doesn’t sound like much. It’s the gap between graduating high school and turning 28. It’s the decade most...

Friday File:  Everything’s OK Now?

Friday File: Everything’s OK Now?

by Index Investing News
April 25, 2026
0

The good news?  Looks like the market has decided that the war is over, and everything will get back to...

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

High-end realtors of Los Angeles on why the mansion tax is fundamentally misguided

High-end realtors of Los Angeles on why the mansion tax is fundamentally misguided

April 2, 2023
Stocks making the biggest moves premarket: WMT, TTWO, BBWI

Stocks making the biggest moves premarket: WMT, TTWO, BBWI

May 18, 2023
Byju’s auditor BDO resigns after begin of chapter proceedings, agency says | Firm Information

Byju’s auditor BDO resigns after begin of chapter proceedings, agency says | Firm Information

September 7, 2024
Is GOOG done for? : stocks

Is GOOG done for? : stocks

December 28, 2022
EU’s Proposal on Nuclear Deal Unacceptable Except Iran’s Calls for Thought-about, Reviews Say

EU’s Proposal on Nuclear Deal Unacceptable Except Iran’s Calls for Thought-about, Reviews Say

August 12, 2022
Dubai Varieties a New Group (D2A2) To Strengthen the Digital Sector

Dubai Varieties a New Group (D2A2) To Strengthen the Digital Sector

August 9, 2022
Oil Prices Will Only Soar After Saudi Arabia Cuts Its Supply

Oil Prices Will Only Soar After Saudi Arabia Cuts Its Supply

April 10, 2023
Simply Listed | 12920 SW Vermillion Circle

Simply Listed | 12920 SW Vermillion Circle

January 24, 2025
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