Weekly Bulletin
Tuesday - 24 March 2020 - TRONDHEIM
Parliament to Vote on Railway Nationalisation Wednesday
Above: Fremetian Staatsrat Opens its 4th March Session
TRONDHEIM- An Issue long brewing in the background, the Staatsrat has taken up a bill that would nationalise the rail network this Wednesday.
The bill, if passed would offer compensation to rail companies for equipment and would dissolve the existing licensing system of RROCs (Regional Rail Operating Companies) here in Fremet in one fell swoop on 1 May 2020. All rail licences go up for rebidding on 30 April 2020, and the bill simply calls for the Ministry for Transport to deny these licences and reestablish Fremetebahn (F-Bahn or FB), the old national rail carrier of Fremet.
The new Fremetebahn would absorb all of the current routes, rolling stock, and employees of the current RROCs under the Essential Services Appropriations Act.
Under the ESAA, the RROCs would be entitled just compensation for their individual properties, and, as such, the bill sets aside ₣ 10 billion, available for the next 8 years for purposes of reimbursing these companies for property lost.
The new F-Bahn would also be entitled to a new national rail expansion fund:
- ₣ 8 billion for the modernisation of existing railway infrastructure, stations, and rolling stock (including finishing electrification of the rest of the rail network)
- ₣ 1.2 billion initially to establish a government subsidisation platform to bring down the cost of rail travel
- ₣ 12.8 billion for a series of high speed rail lines linking Fremet's cities and providing a clean, efficient alternative to cars and air travel. This provides for cost of construction, new rolling stock, new stations, and renovations of existing facilities.
This abitious ₣ 32 billion package is a costly move financially, but with widespread support in parliament and among the Fremetian public and a failing private railway system gasping for air, this may be just what the country needs.
Concerns have been raised however, as calls for increased military spending to combat the Nicholeizian threat might place a strain on Fremet's treasury reserves. Though Fremet has been building a surplus reserve for quite some time, no supply of money is infinite, and such a large drain of cash may serve to put Fremet's military objectives at risk.
Regardless, with recent economic uncertainty from the regime change in Icholasen, such a large cash infusion into the Fremetian economy may serve to give Fremet the jumpstart it needs to transition away from doing business with Icholasen, and build a state of the art new rail network in the process.
Navy to Expand Flachesfeld Station in Response to Nicoleizian Threat
Shown Above: The Royal Navy's Flachesfeld Station in Ostgrenze, with Icholasen on the horizon
FLACHESFELD- The scene at the Flachesfeld Naval Station is one of bustling activity. At the point of Fremet closest to Icholasen, Ostgrenze is the front line in the defence of Fremet.
Just one month ago, this mostly decommissioned naval base was slated for closure as part of a new set of cost-saving measures issued by the Ministry of Defence. It shows just how much of a surprise the coup d'etat in Icholasen was to officials and citizens alike.
Now, after the King's rousing speech yesterday announcing the mobilisation of the Fremetian armed forces, this naval station has been called the "Spearhead" in Fremet's new defence efforts. Costruction can be seen across the old naval yard and drydocks, expanding capacity for the navy's larger and more modern vessels.
Admiral Ivan Johanssen of the 4th Fleet spoke to us during our visit, "We have had to transition our facility here at Flachesfeld from shipping and merchant operations back to strategic readiness objectives. Our goal is to make that turnaround happen as soon as possible so that our fleet can redeploy as needed to preserve the sovereignty of Fremetian territorial waters. There is no margin for error in dealing with the Nicoleizians, and we have to be ready for any eventuality."
Troops have been deployed in numbers not seen in the city of Flachesfeld since the 1980s. The Haupt-Ostgrenze Army-Air Base just north of the city has also been granted emergency funding to take its old operations facilities out of mothballs for modernisation.
In addition to the movement of manpower and equipment to Ostgrenze, a series of emergency preparedness drills have been announced to help prepare the civilian population for attack, conventional and otherwise.
Off in the distance, across the Emerald Straights, one can see Icholasen, rising from the sea mists, watching, waiting.
Economic Uncertainty as Icholasen turns Red
Shown Above: Rhodenheim Stock Exchange [RSE]
RHODENHEIM- Currency and stock markets fluctuated today as the effects of Icholasen's change in government rippled through the Fremetian economy. Many expressed growing concerns that Fremet will be cut off from the rest of Europe as trade becomes more difficult as goods must bypass hostile territory.
International flights also took a hit as the Royal Aviation Authority ordered all Fremetian air traffic to avoid Nicoleizian airspace. Flights to Gallorum and Europolis were cancelled earlier this week as airlines adjusted their scheduling and pricing structures to the added cost and time needed to bypass Icholasen.
Fremetepost has also been intercepting all mail and parcels en route to Icholasen as they lack a suitable carrier in the country to fulfill these shipments. A spokesperson for Fremetepost has announced that senders should expect these items returned to them in a 'timely manner.'
Finally, the Ministry for Commerce has announced that it plans to institute a compensation program for loss of assets of Fremetian businesses and citizens in the coup in Icholasen. The proposed legislation would reach parliament before the end of the March session.
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