In short; the train was an Italian designed riding deathtrap and unable to make a profit under any circumstances. The director of the Dutch Railway has resigned over this costly debacle.
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High-frequency trading firms increased their campaign contributions to federal lawmakers by 673 percent from the 2008 to the 2012 election cycle, according to a report that sheds light on their political connections in Washington and efforts to impact policymaking.
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High-speed traders are using a hidden facet of the Chicago Mercantile Exchange’s computer system to trade on the direction of the futures market before other investors get the same information.
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Computer algorithms swap thousands of stocks each instant and could set off a financial meltdown
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Amtrak and the California High-Speed Rail Authority are joining forces in the search for proven high-speed rail (HSR) train sets currently being manufactured and in commercial service that are capable of operating safely at speeds up to 220 mph on both Amtrak’s Northeast Corridor (NEC) and on California’s developing HSR corridor
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The EU’s top transport official says the troubled launch of a now-suspended high-speed rail service between Brussels and Amsterdam – christened the ‘flop train’ by angry passengers – is “not our problem” despite years of efforts to encourage such premium transnational rail service.
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Opposition MPs are calling for a full-blown parliamentary enquiry into the problems surrounding the Fyra high-speed train service, the AD reports on Tuesday.
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Just half of the Fyra high-speed trains to Brussels and Breda are arriving on time, according to a users lobby group website which monitors the new service’s arrival times
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Members of the European parliament are to get hefty discounts when they use the Fyra high-speed train service, the Parool reports on Thursday. The deal has been agreed between the Dutch and Belgian train operators, the paper says
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Critics argue it could become a white elephant subsidised by unjustifiable injections of national and European funds at a time when every other area of public spending is being tightened.
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