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Spain’s national grid operator Redeia will plan for a record-high investments in its next strategic plan, chair Beatriz Corredor said on Monday as the blame game over who is responsible for the massive blackout in April continues. “The company's next strategic plan will involve the execution of an unprecedented volume of investments,” Reuters quoted Corredor as saying on Monday.  Redeia and its unit Red Electrica (REE) have been blamed for the power outage on April 28, when a blackout hit the electricity transmission systems of Spain and Portugal, and briefly parts of...

A member of the community conservation group plants mangrove seedlings at Sabaki estuary in Malindi, Kilifi county, during the second phase of Absa Kenya Foundation’s coastal restoration programme /XINHUAA new study by the World Resources Institute has shown that bolstering funding for adaptation and resilience is not only urgent, but also one of the smartest development investments available today. The study, which analysed 320 adaptation and resilience investments across 12 countries totalling $133 billion (Sh17.2 billion), finds that every $1 (Sh129) invested in adaptation and resilience generates more than $10 (Sh1,292.6)...

Potholes are popping up everywhere earlier than usualAn early taste of pothole season has many areas scrambling to make road repairs.If you have something to say about the many road projects on the state's slate, now's the time to do so.The Massachusetts Department of Transportation (MassDOT) announced that the public comment period for the proposed Fiscal Year 2026-Fiscal Year 2030 five-year Capital Investment Plan (CIP) will be held from now through Thursday, June 12."This five-year plan includes approximately $18.6 billion in planned transportation investments," according to a release.The plan outlines...

Budget 2025: The Indian stock market experienced high volatility on Saturday, February 1, following the FY26 Union Budget announcement by Finance Minister Nirmala Sitharaman. While the budget introduced major changes in income tax slabs, shifting more money into the hands of middle-class consumers, market sentiment remained mixed due to concerns over government capital expenditure (capex) allocation.A key takeaway from the budget was the increase in the income tax exemption limit to ₹12 lakh, a significant move aimed at boosting household consumption, savings, and investment. There had been widespread expectations that...