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1. TRANSPORTATION

Foreign suitors lining up for U.S. high-speed rail payday

With the United States expected to spend billions of dollars on high-speed rail over the next decade, European and Asian manufacturers have launched charm offensives aimed at selling themselves and their technology to states with big projects in mind. The train makers came courting after the White House secured $8 billion from the federal stimulus for high-speed rail. They hosted federal and state officials on trips to show off their bullet trains and visited Washington, D.C., and the Midwest to show interest in developing long-term relationships.

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