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1.17483917949752E-16 1.17483917949752E-16 -0.00264550264550259 -0.00264550264550259 -0.00529100529100518 0.00264550264550271 -0.00317460317460306 -0.00529100529100518
Stock impact report

Mapping Australia's high-speed rail routes [Yahoo! Finance]

ALSTOM UNSP/ADR (ALSMY) 
NASDAQ:AMEX Investor Relations: alstom.com/investor-relations
Company Research Source: Yahoo! Finance
The introduction of the bullet train in Japan in 1964 captured the world's attention, and many countries – notably China, Spain, Germany and France – have followed suit with their own takes on high-speed rail systems. The idea of uniting Australia's eastern seaboard through high-speed rail has been floated since the early 1980s, with every federal government from 1984 to the present day investigating its feasibility. The 2017 federal budget allocated A$20bn over the next ten years to investment in the rail industry, with this figure rising even higher in 2018. The east coast is almost exclusively seen as the preferred location for any potential such projects. Sydney to Melbourne is the world's second busiest air corridor, and using rail to reduce air traffic makes both economic and ecological sense, if the appropriate infrastructure can be set up. But with the sheer size of the undertaking presenting a mammoth engineering challenge, the question remains: what form would a modern A Show less Read more
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