Signal Feed

Power consumers to get Rs1.75 per unit relief over next 3 months ISLAMABAD: Electricity consumers across the country are expected to receive an unusual relief of Rs1.75 per unit over the next three months (June to August), due to Rs64 billion in savings mainly on account of lower capacity charges paid to power producers during the first quarter (January–March 2026) of the current year, it emerged on Wednesday. Under the annual tariff rebasing mechanism, the government revised tariff-setting to a calendar-year basis, with effect from January 1, 2026, from the historic practice of fiscal-year adjustments. The National Electric Power Regulatory Authority (Nepra) has called a public hearing on May 19 at the request of former Wapda distribution companies (Discos), which have sought a Rs63.94 billion refund to consumers under the quarterly tariff adjustment (QTA) mechanism.

Nigeria could unlock $400 billion by 2040 by investing in girls – World Bank Nigeria could generate over $400 billion in additional income by 2040 if it prioritises investment in adolescent girls, according to a new report by the World Bank Group. The post Nigeria could unlock $400 billion by 2040 by investing in girls – World Bank appeared first on Nairametrics .

Romania greenlights signing SAFE loan memorandum with European Commission During an extraordinary meeting, the outgoing government of Romania adopted on Tuesday, May 5, a memorandum regarding the signing of the loan agreement related to the 'Security Action for Europe' (SAFE) fund. According to the agreement signed between Romania and the European Commission, the former will gain access to EUR 16.68 billion. After signing, the agreement will enter the approval procedure by law, in accordance with national legislation on public debt, according to Digi24 .

Romania races to secure EUR 1 bln Rheinmetall deal to pull Mangalia shipyard out of bankruptcy Romania is pushing to finalise a near EUR 1 billion contract with German defence group Rheinmetall by May 31, in what officials openly frame as a last-minute opportunity to revive the bankrupt Mangalia shipyard, Ziarul Financiar reported on April 30. Economy minister Ambrozie-Irineu Darău said the probability of the deal collapsing is “only 1%”, underscoring both the urgency and the high stakes surrounding the project. The contract, financed under the EU-backed SAFE defence programme, envisages the construction of four military vessels, with Romanian authorities insisting that production should take place domestically, preferably at the Mangalia facility on the Black Sea.

Bank of Finland director sees bright spots in the economy Central bank governor Olli Rehn points to major recent corporate deals and the Hungarian election.

Brazilian Federal Revenue Service reports that as of March 3rd, 41.8% of expected Individual Income Tax returns for 2026 have been submitted (18.3 million of 44 million expected). With the May 29th deadline approaching, submission pace is expected to increase in final weeks, with 70.3% of filed returns eligible for refunds and various filing methods utilized including software, online platforms, and mobile apps.

Jamaica's 2025 trade data shows a significant deterioration with imports valued at US$7.52 billion versus exports of only US$1.65 billion, representing a 22% export-to-import coverage ratio. Exports declined 13.4% compared to 2024, driven primarily by a 20.4% fall in crude materials, while imports from major trading partners (USA, China, Brazil, Japan, Trinidad & Tobago) increased 5% to US$4.68 billion.

Petrobras announced this Friday (February 1st) a 19.2% increase in the price it sells to distributors for natural gas compared to the prices charged in the previous quarter. The new tariff will only apply to piped gas and came into effect at the time of the announcement. Read more (05/02/2026 - 12:35 pm)

A 25-year-old Hong Kong woman was cheated out of more than HK$2.25 million (US$287,190) in one month after falling prey to a job scam, prompting calls for tighter rules requiring online employment platforms to verify employers. The victim said on Saturday at a press briefing held by the Hong Kong Federation of Trade Unions that she came across a posting for a “part-time helper” job offering HK$90 an hour in January. She had quit her job as a research assistant at a local university late last...

Greece is implementing new fines for fare evasion on public transit in Athens and Thessaloniki, with €100 penalties for passengers without valid tickets and €50 for reduced-fare users. Penalties can be reduced by 50% if users purchase monthly unlimited cards.

Uber has announced it is acquiring the Hong Kong-based online cab-hailing platform FlyTaxi to expand its taxi services, ahead of the implementation of a regulatory regime for ride-hailing services later this year. In a statement on Friday, Uber said that its acquisition of FlyTaxi was part of its commitment to help grow the taxi industry and provide “greater economic opportunities” for drivers. It also said that FlyTaxi would continue to operate as normal and that nothing would change for...

Measure TC would require online travel companies to pay taxes on their markups to L.A. customers, aiming to level the playing field between hotels and online travel company counterparts.

Guatemala remains on the Priority Watch List for compliance with intellectual property rights and is the only country in the Central American region included by the Office of the United States Trade Representative (USTR). This designation reflects concerns about IP enforcement and protection standards in the country.

The bank has clarified that it had only sought valid documents to withdraw the money of the dead person Read Full Article at RT.com

Tennessee lawmakers introduced seven bills to establish regulatory guardrails for data centers, with only one successfully passing. The article discusses how proliferating data centers and rising electricity demand have prompted some states to implement oversight measures for managing these critical digital infrastructure facilities.

Clay County, West Virginia faces a severe childcare shortage with only one daycare facility and extensive waitlists. Approximately 26,000 West Virginia children lack adequate childcare access, prompting families to demand action from state lawmakers to address the crisis.

Finland reduced diplomatic relations in Kremlin [8 sources]

Finland reduced diplomatic relations with Russia in Kremlin [4 sources]

Gov. Abigail Spanberger reviewed energy and data center legislation from the General Assembly, approving most bills with minor modifications and offering significant amendments to only one bill. The article examines her legislative actions on these infrastructure and energy policy matters.

Finland reduced diplomatic relations with Ottawa in Helsinki [10 sources]