New Spanish bullet train link opened - Bloomberg: "Spain's king inaugurated Saturday the country's latest high-speed rail service linking Madrid with the Mediterranean port city of Valencia.
The euro12.4 billion ($16.4 billion) project connects the capital to country's third largest city and is due to complete the 352 kilometer (219 mile) journey in 90 minutes.
King Juan Carlos was accompanied on the inaugural trip by Queen Sofia, Prime Minister Jose Luis Rodriguez Zapatero and several prominent political leaders.
Spain has invested heavily in its fast train network that now links the capital with seven major cities including Barcelona, Malaga and Valladolid along 1,599 kilometers (994 miles) of specially laid track."
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