THE AMERICA ONE NEWS
Jun 20, 2025 |
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| Remer,MNSponsor: QWIKET
Sponsor: QWIKET
Sponsor: QWIKET: Sports Knowledge
Sponsor: QWIKET: Elevate your fantasy game! Interactive Sports Knowledge.
Sponsor: QWIKET: Elevate your fantasy game! Interactive Sports Knowledge and Reasoning Support for Fantasy Sports and Betting Enthusiasts.
topic
#economy
Le Monde: Chinese cities are facing the financial abyss of their subway systems
Chinese subway companies are facing a staggering debt of 4.3 trillion yuan, with 28 out of 55 cities reporting significant operating losses. For instance, Shenzhen's subway reported a daily loss of 100 million yuan, while Foshan's subway incurred a deficit despite ticket sales and public subsidies.
The high operational costs, driven by staffing, security, and maintenance, are straining these systems. As cities invest in these prestigious transport networks, the financial sustainability remains a pressing concern.
#crime
GB News: WATCH: Oldham councillor tells GB News that grooming gang findings were 'hidden away'
Oldham councillor Lewis Quigg criticized local authorities for their lack of transparency regarding grooming gangs, alleging that issues were deliberately concealed to avoid escalating tensions. He expressed hope that the national inquiry will reveal those responsible for the cover-up of this scandal.