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Spain’s transport minister Oscar Puente said on Thursday that the government has stepped up investment across the railway network after years of underfunding, a point he underlined while senators pressed him over two recent train accidents.
A high-speed rail crash in southern Spain on 18 January killed 45 people, while a derailment in Catalonia two days later killed a train driver.
The incidents have fuelled political and public pressure on the government to explain whether safety and maintenance have kept pace with the country’s expanding network.
Puente, who was heckled by opposition lawmakers shouting "resign" as he approached the podium, said maintenance spending per kilometre had risen 66% since 2017 and was now at or above the European average. He said France spends slightly more and Italy slightly less.
He rejected European Commission data and expert assessments suggesting that investment has not matched Spain’s rapid rise in passenger numbers and network size.
According to Puente, Spain invested about 30 billion euros less between 2010 and 2018 than it would have if pre-financial crisis spending levels had been maintained.
He blamed the shortfall on decisions taken during the 2011-2018 government led by the conservative People’s Party. It imposed broad spending cuts as the EU pushed for austerity during Spain’s public debt crisis following the housing market collapse.
Puente said total annual rail investment has since climbed to around 5 billion euros in 2025, up from roughly 1.7 billion euros in 2017, arguing that the current Socialist-led government is reversing the effects of prolonged underfunding.
Mexico and South Africa meet in Thursday’s World Cup opener in Mexico City, with both teams approaching the match from very different positions but facing their own pressures.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
Formula 1 driver Pierre Gasly’s Monaco Grand Prix podium has been reinstated after Alpine successfully challenged his post-race penalties through a Right of Review request with the FIA.
A London court has handed down lengthy sentences to activists from campaign group Palestine Action, who raided an Israeli-owned arms company in the UK.
Sierra Leone’s First Lady, Fatima Jabbe-Bio, has lost her London social housing flat after a UK council seized it.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Ukraine will increase military wages and expand recruitment of foreign volunteers, President Volodymyr Zelenskyy announced on Friday, as the armed forces face a critical personnel shortage after more than four years of war with Russia.
Poland will receive a new $4 billion loan from the United States through the Foreign Military Financing (FMF) programme, strengthening defence ties between the two NATO allies as Warsaw continues a major military modernisation drive.
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