Word: rails
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...from the Vatican - the Episcopal Conference issued a statement denying any change. Wave of Inaction FRANCE Schools and government offices across the country closed as teachers and civil servants went on strike, climaxing a three-day series of walkouts by public-sector workers protesting job cuts and pay freezes. Rail services were disrupted mid-week; on Thursday, tens of thousands of demonstrators brought Paris, Marseilles and other city centers to a standstill. Snap Judgement DENMARK Prime Minister Anders Fogh Rasmussen called early parliamentary elections for Feb. 8, nine months ahead of the deadline. Opinion polls suggest that Rasmussen's center...
...brainchild of Texas' Republican Governor, Rick Perry, the TTC would, if built, completely transform the state's highways over the next 50 years, creating a 4,000-mile network of multimodal corridors for transporting goods and people by car, truck, rail and utility line. Each corridor would have six lanes for cars, four additional lanes for 18-wheel trucks, half a dozen rail lines and a utility zone for moving oil and water, gas and electricity, even broadband data. The corridors could measure up to a quarter of a mile across. The projected cost, at least $183 billion, is more...
Depending on whom you talk to, the Trans-Texas Corridor is either an innovative solution to the U.S.'s overcrowded highway system or a Texas-size boondoggle. Backers claim that such corridors are needed to divert road and rail traffic--NAFTA truckers driving up from Mexico, railcars of Chinese goods from Western ports, hazardous cargoes of all kinds--from congested urban areas. Buying land for the system now, decades before it's needed, would cut acquisition costs and might entice businesses to relocate inside the corridors. T. Boone Pickens could ship his West Texas water across the state in pipelines...
...Texas road-building boom. Sometime in December, the Texas Transportation Commission, a five-member board appointed by the Governor, will award a $24 billion contract to develop proposals for the TTC's first multimodal corridor--a 600-mile stretch from Mexico to Oklahoma needed for NAFTA trucking and rail. In the running are three consortiums, one headed by the California-based Fluor Corp., another that includes Halliburton's Kellogg Brown & Root subsidiary and a third headed by the Spanish tollway operator Cintra. Fluor got into the game early. It submitted an unsolicited bid for work on the Trans-Texas Corridor...
Long before Eliot Spitzer achieved national renown by attacking corporate misdeeds as New York's attorney general, there was the California Public Employees' Retirement System, or CalPERS. For years, CalPERS used the leverage of its enormous investment portfolio to rail against companies that it believed were badly run or acting irresponsibly. When the Enron debacle ushered in an era of scandals, CalPERS's leadership made it an instant star of the corporate-reform movement...