Japan offers to Fund Part of US High speed Rail Projects

Japan has offered to fund part of a project to build an ultra-fast train line between Washington and New York, which would revolutionize travel on the US east coast, a Japanese official said Friday. In talks with US Secretary of State Hillary Clinton, Japanese Foreign Minister Seiji Maehara proposed that the Japan Bank for International Cooperation would fund a portion of the first phase of a project to bring Maglev trains to the US, said Satoru Satoh, the Japanese embassy press attache. The pro