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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...

The left-wing Podemos MP, Cristina Gómez, has proposed expropriating flats from large US property owners in the Balearics in response to the imposition of tariffs by Donald Trump’s government. She made the announcement on Monday prior to the plenary session of the regional parliament, where she also put forward some measures that, in her opinion, would make it possible to lower the current price of housing on the islands. “If the United States has decided to defend its security and autonomy by turning inwards in the commercial sphere, it may...