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China suspends two high-speed rail projects amid increasing local govt debt


Source:
Highlights
China has relied heavily on high-speed rail and other infrastructure building to maintain its fast economic growth
Many local governments in China have turned to the construction of lines on less-traveled routes that may never be able to operate profitably
Beijing: Due to growing local government debt, China has ordered a halt to work on two high-speed rail projects with a total investment of 130 billion yuan (USD 20 billion) in the Shandong and Shaanxi provinces.
Citing local media, Nikkei Asia had learnt that last month, the work on a 270-km line connecting Jinan, the capital of eastern China`s Shandong Province, and the city of Zaozhuang in the south of the province, was suspended. ....

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Alburquerque pagó las nóminas que debía con un anticipo de 522.000 euros de la Diputación

Alburquerque pagó las nóminas que debía con un anticipo de 522.000 euros de la Diputación
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Detailed text transcripts for TV channel - MSNBC - 20131023:15:05:00

Back after we get everything fixed and get as many americans enrolled in health care for the first time, to look back and see how we could have done it better. at the end of the day, what we have right now are crocodile tears from the republicans. their effort is not to try to fix the system. they want to undo the affordable care act. that is their motive. that is what they shut down the united states government about for almost three weeks. that s what they brought us to the brink of defaulting on our government debts was to shut down or to repeal the affordable care act. so if their intention was to fix the problem, we would work with them more. unfortunately, this is certainly an unforced error to be living through this right now, but this is an amendment to the social contract of our country for what americans can have access to, which is affordable health care. so this is a big lift, sir. this is really big to try to be able to accomplish this. however, arizona senator john mcca ....

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Detailed text transcripts for TV channel - MSNBC - 20130420:22:07:00

Turn back on some of those who have boasted about government debts. i voted against the sequester. if the sequester going into effect, it doesn t exempt the fbi. it doesn t exempt the experts who are examining these bombs. it didn oesn t exempt those identifying the photographs. those with the amount of overtime, we re glad they were there, but they re entitled to be paid and i think it s appropriate for there to be funding for the city of boston and watertown and others that are around it. this is the this is the hypocrisy in the government, the total inconsistency. the people who are demanding we reduce the deficit are demanding ....

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Detailed text transcripts for TV channel - FOXNEWS - 20121015:01:27:00

He started social security germany. then in america roosevelt, kennedy, johnson, nixon, bush, obama and so on. the atlas foundation which produced the book made this video to introduce it welfare state is disappearing with a sea of red ink. children born pay taxes for benefits for elders. government debts keep growing short sighted politicians are steeling the future from young people. tom palmer edited the book. what do you mean steeling the future? politicians have robbed young people of their feuture. they are required to put money into it s a pyramid scheme to pay current recipients. social security, medicare medicaid and they are going to get stuck fwith the bill for it. the unfunded liabilities are staggering. $80 trillion is the present ....

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