November 10, 2011 at 6:16 AM in
World News by
New era baseball hats
Two years ago, U.S. President Barack Obama proposed the development of high-speed rail plan. According to the U.S. "World News" reported that Obama's high-speed rail plan to be challenged. Some critics said the scheme, though ambitious, but faces several obstacles, should be stopped.
According to plan, to 2034, the U.S. high-speed railway will be extended to ten rail corridors, services 80% of U.S. population. Start-up capital of a quarter (about 20 billion U.S. dollars) were allocated to California, California residents voted in 2008 from Los Angeles to San Francisco to establish speed of 220 miles of railway. New line is expected to open in 2020, with a total investment of about $ 33 billion.
But so far not lay down a track, nor a station enabled. The plan was expected to be completed, at least 13 years of delay in 2033. The original estimate of $ 33 billion cost, now estimated to be increased to $ 98.5 billion, equivalent to nearly three times the valuation.
California Assembly Republicans want to make to the high cost voters shocked change your mind, vote again next year. They warned that the risk should not be launched in California, allows taxpayers to bear a large burden.
As high-speed rail is not the first phase of construction projects in densely populated areas near Los Angeles or San Francisco, but the smaller traffic Fry Snow (Fresno) to Baker Sifei (Bakersfield) of the Central Valley section. Critics say that if this project was eventually abandoned, leaving only for California residents is a section of thousands of high-speed rail passenger service, that "nowhere else to go train."
Taxpayers Association Howard Jiawei Zi conservative groups (Howard Jarvis Taxpayers Association) president Gu Paer (Jon Coupal), said the project should be stopped immediately.
Most of the U.S. high-speed rail is still in the planning stages, but Florida, Ohio and Wisconsin's Republican governor has three states to resist high-speed rail plan, the federal government refused to subsidize high-speed rail. But the White House said Obama still insist on the original plan. If the United States to reduce the infrastructure will be in the global competition in many areas lose out.
November 10, 2011 at 6:14 AM in
World News by
New era baseball hats
conceal huge investment losses, the king made paper by the former chairman of the subsidiaries and other companies heavily exposed scandal after another, the ruling Democratic Party of Japan departmental meeting on the 10th of Finance decided to establish "Capital markets and corporate governance working group." (Tsutomu Okubo, head to the Senate), to discuss measures to strengthen corporate governance. This is to strengthen the supervision of the business, requires companies to improve the information disclosure system, which will prevent a similar scandal in the first place.
As Japanese companies of corporate governance and information disclosure by foreign investors and the media criticized the Working Group will focus on the scandals of the past to test cases, and lists problems. The Working Group plans to hold its first meeting next week to discuss improvements, do not exclude or modify the "Company Law", "Financial Instruments and Exchange Law" and the Tokyo Stock Exchange Listing Rules and other laws and regulations.
Reported that the Working Group Secretary, Congressman net house Kishi told reporters that "the issue in Olympus, Japan must have a sense of crisis, be aware that it will seriously damage the integrity of capital markets." He said, "as enhance the vitality of the market, not only to modify the rules and regulations, should also discuss the Tokyo Stock Exchange self-regulation and the role of Certified Public Accountants. "
November 10, 2011 at 6:10 AM in
World News by
New era baseball hats
Parent company EADS (European Air Group) 10, said a press release, Airbus A350 wide-body aircraft will adjust the project's production schedule, the first aircraft delivery time from the end of 2013 postponed to the first half of 2014.
The statement said that on the A350 wide-body aircraft production schedule adjustment is an important component in order to give more testing time, to further improve the maturity of these parts, after the assembly to postpone the start time for the first quarter of 2012, the first aircraft delivery time for the first half of 2014.
Airbus A350 is expected for wide-body aircraft to adjust the progress of the project will increase production of 200 million euros (about 2.7 billion U.S. dollars) operating costs.
Airbus said the A350 wide-body aircraft in its project on the A380 project experience gained and lessons learned in the previous stage work fully meet the program quality standards will not begin until the next phase of work.
Series A350 wide body aircraft Airbus introduced new long-range wide-body aircraft dual-channel, formed by the three models, in a typical three-class configuration of seats between 270-350 and the maximum range of about 1.54 million kilometers. This series of aircraft from around the world so far has received 35 orders for 567 customers. Airbus had planned to begin final assembly of the end of 2011, the fourth quarter of 2013 to deliver the first aircraft.