Word: economice
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But the bullet-train idea is back, as it is throughout the rest of the country, thanks to $13 billion for high-speed rail (HSR) that was tucked into President Obama's $787 billion economic stimulus package. The application process for bullet-train bucks ($8 billion this year and $1...
One of the key ideas fueling HSR is that the U.S. in the 21st century has grown beyond a country of cities and suburbs to what urban-studies expert Richard Florida calls "mega-regions." Central Florida's I-4 Corridor, between Orlando and Tampa, is a prime example. Mega-regions...
More important, says Florida Congresswoman Kathy Castor of Tampa, HSR can enhance Florida's old economy, tourism, while helping lay a foundation for a new one. "So many visitors to Disney World would also like to hop on high-speed rail and enjoy our beaches," says Castor. "But the I...
That may not seem all that surprising for such a closed society as North Korea's, now locked in a heated standoff with the West over both its nuclear-weapons program and its jailing of two U.S. reporters. But even amid those tensions, the Hermit Kingdom is trying to stimulate...
Read about growing economic ties between South and North Korea.