Category: 3. Business

  • Nantucket Current | Latest Delay Puts Massachusetts Wind Power…

    Nantucket Current | Latest Delay Puts Massachusetts Wind Power…

    With offshore wind power projects again on hold at the federal level, officials confirmed last week that contracts for the installations that Massachusetts hoped to bring online in the coming years will not be finalized until this summer, at the earliest.

    Massachusetts selected 2,678 megawatts of offshore wind power spread across three projects in September 2024, kicking off contract talks that were expected to result in higher prices for power than past projects. The contract completion milestone has been delayed at least five times, and during the delay, one of the selected projects has removed itself from consideration and another raised the potential for a multi-year delay.

    The utilities negotiating contracts with the remaining projects informed the Department of Public Utilities in a Dec. 30 letter that they would not meet the Dec. 31 target for finishing contract talks, nor the Feb. 25 target date for contract filings.

    The evaluation team involved in the process, which includes the Department of Energy Resources, National Grid, Eversource and Unitil, said delays are “[d]ue to ongoing uncertainty caused by federal level activities.”

    The group said it now expects completed negotiations and executed contracts by June 30. Those contracts would now be filed with the DPU (the step at which ratepayers can learn the cost of the projects) by Aug. 31, putting the procurement process about two years behind its original schedule.

    In a statement, the Healey administration blamed “uncertainty created by the changing federal landscape” for the repeated contract delays and said Massachusetts “remains committed to an all-of-the-above approach to energy, which includes offshore wind.”

    “This abundant energy source produced right off our coast will lower costs, especially in cold weather, create thousands of jobs and billions of dollars in economic benefits for Massachusetts, and help move us toward energy independence,” said Lauren Diggin, spokesperson for the Department of Energy Resources.

    Massachusetts state government has committed to reducing carbon emissions by at least 50 percent compared to 1990 baselines by 2030, by at least 75 percent by 2040 and by at least 85 percent by 2050, with tag-along policies to get the state to net-zero emissions by the middle of the century. The state also has numerous other mandates on the books, including around things like electric vehicles.

    As a candidate for governor four years ago, Gov. Maura Healey made significant climate promises, including achieving a 100 percent clean electricity supply statewide by 2030 and electrifying public transportation with clean power by 2040 (starting with school and MBTA buses by 2030).

    As 2026 gets underway and Healey eyes her reelection effort, the House and Senate this session have become torn between reevaluating the costs of decarbonization plans and finding ways to reduce consumer utility bills.

    The U.S. Department of the Interior’s order freezing offshore wind work affects the Vineyard Wind 1 project for Massachusetts, the only project currently under contract to provide power into the state. It also impacts Revolution Wind for Rhode Island and Connecticut, Sunrise Wind and Empire Wind for New York, and Coastal Virginia Offshore Wind off Virginia.

    The developers of Revolution Wind, Empire Wind and Coastal Virginia Offshore have filed legal challenges to the Trump administration’s freeze, and the New York Times reported that officials behind Sunrise Wind have said they are contemplating the same.

    A spokesman for Avangrid, one of the developers of Vineyard Wind 1, declined Monday to comment on the company’s plans.

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  • Saudis Open Stocks to All Foreign Investors to Boost Inflows – Bloomberg.com

    1. Saudis Open Stocks to All Foreign Investors to Boost Inflows  Bloomberg.com
    2. Saudi to open financial market to all foreign investors from Feb 1  Khaleej Times
    3. Saudi Arabia opens stock market to all foreigners  https-//www.semafor.com
    4. Saudi Arabia to open financial markets to all foreign investors By Investing.com  Investing.com
    5. Kingdom Unbound: Saudi Arabia Dismantles Barriers to Global Capital in Landmark Market Liberalization  FinancialContent

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  • Trump administration plans talks with oil executives about Venezuela

    The Trump administration is set to meet with U.S. oil company executives later this week to discuss the potential increase of Venezuelan oil production after the ousting of President Nicolas Maduro.

    The meetings aim to facilitate the return of major U.S. oil companies, including Exxon Mobil, ConocoPhillips, and Chevron, to the country, following the nationalization of U.S.-led energy operations nearly two decades ago. Despite Trump’s claims of prior talks, oil executives have denied having any discussions regarding operations in Venezuela.

    The administration hopes to invest in Venezuela’s oil infrastructure, which has been severely impacted by sanctions and underinvestment. However, analysts warn that rebuilding the industry will take years and require significant financial commitments.

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  • Still time to have your say on Local Government Reorganisation in Greater Essex

    There are just a few days left to have your say on Local Government Reorganisation (LGR) in Greater Essex.

    The Government’s consultation invites the views of residents, businesses, partners and those working in the area. It closes at midnight on on Sunday 11 January 2026. 

    Our proposal, supported by Braintree District Council and Epping Forest District Council – ‘Three new councils, one bright future’ – is one of four proposals being consulted on. It recommends moving from the current 15-council structure to a more streamlined, sustainable model of three new unitary councils. 

    All proposals were submitted to Government on 26 September 2025 following extensive collaboration, evidence gathering and engagement across Greater Essex. 
     
    After reviewing all four submissions against set evaluation criteria, Government confirmed they would invite views on all of them. 

    Councillor Kevin Bentley, Leader of Essex County Council, said: “We are one step closer to creating a more effective, empowered and community focused local government system. 
     
    “This consultation is a vital opportunity for people across Greater Essex to tell the Government what they think of the proposals and I would urge them to have their say before the deadline on Sunday.”

    The Government is expected to decide on the final model for Greater Essex in the spring. 

    Find out how to take part in the consultation

    Read all the LGR proposals for Greater Essex submitted to the Government.

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  • Six people die as snow, ice and freezing temperatures wreak havoc in Europe | Europe weather

    Six people die as snow, ice and freezing temperatures wreak havoc in Europe | Europe weather

    Six people have died as snow, ice and freezing temperatures continue to wreak havoc across parts of Europe.

    Authorities in the Landes region of south-west France said three people died and 15 were injured in road accidents on Tuesday, while two more were killed in accidents in the Paris area. One driver died in hospital on Monday night after veering into the Marne River and another was killed after a collision with a heavy goods vehicle in the east of the French capital.

    In the Bosnian capital of Sarajevo, a woman died on Monday after a snow-covered tree branch fell on her head.

    Many flights will be cancelled from Paris’s two main airports, Roissy-Charles de Gaulle and Orly, early on Wednesday to allow ground crews to clear snow from runways and de-ice planes. About 40% of flights at Charles de Gaulle were expected to be scrapped and 25% at Orly.

    Snowfall has blanketed Sarajevo in Bosnia and Herzegovina. Photograph: Anadolu/Getty Images

    Paris awoke on Tuesday to a blanket of snow on rooftops and monuments.

    In the Netherlands, hundreds of flights were cancelled at Amsterdam’s Schiphol airport as staff worked to clear runways and de-ice planes. Rail travellers in the country faced chaos after domestic services were suspended early on Tuesday due to an IT outage, compounding the disruption caused by the weather.

    Utrecht central station after rail services in the Netherlands were suspended early on Tuesday due to an IT outage. Photograph: ANP/Shutterstock

    Eurostar services to Paris from Amsterdam were either cancelled or running late.

    Freezing temperatures have gripped much of Europe, with the thermometer plunging well below -10C (14F) in south and east Germany early on Tuesday. German meteorologists have forecast a storm in the country on Friday, with heavy snowfall expected in the north and east.

    In Britain, temperatures fell to -12.5C overnight, with snow disrupting rail, road and air travel and forcing the closure of hundreds of schools across northern regions.

    Temperatures in lowland areas of northern Italy have fallen below freezing, with snow expected in the medium- to low-altitude areas of Emilia-Romagna, Marche and Tuscany on Tuesday.

    Bologna in Italy. Temperatures in lowland areas of the north of the country have fallen below freezing. Photograph: Guido Calamosca/LaPresse/Shutterstock

    Central and southern regions in Italy are experiencing mild winds that are bringing heavy rain. Incessant rain in Rome has swollen the banks of the Tiber River, putting a dampener on Pope Leo’s Epiphany blessing in St Peter’s Square, which was only partly full as a few thousand people crowded under umbrellas.

    Roberto Gualtieri, the mayor of Rome, issued an ordinance for Tuesday limiting public access to parks and other areas at risk of falling trees and flooding. Two huge pine trees have fallen in recent days due to the severe weather in the Italian capital – one on Via dei Fori Imperiali, close to the Colosseum, the other on Via Appia Nuova.

    Parisians ski and sledge down snowy Montmartre slope – video

    Heavy snow and heavy rain have swept through Balkan countries, swelling rivers and causing traffic problems and disrupting power and water supplies.

    In Serbia, some local authorities in the country’s west introduced emergency measures due to the severe weather while warning drivers to take care as many set off toward skiing resorts or elsewhere for Orthodox Christmas on Wednesday and the upcoming weekend.

    People walk in Maksimir park in Zagreb, Croatia. Photograph: Antonio Bronić/Reuters

    Heavy wind and stormy seas have battered the Adriatic coastline in Croatia and Montenegro.

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  • Travis County Property Owners Reminded to Apply for Homestead Exemptions in the New Year

    Travis County Property Owners Reminded to Apply for Homestead Exemptions in the New Year

    FOR IMMEDIATE RELEASE | January 6, 2026

    Media Contact
    Cynthia Martinez, Chief Strategy Officer
    Travis Central Appraisal District
    [email protected] 

    AUSTIN, Texas – The Travis Central Appraisal District (TCAD) is reminding property owners who own and live on a property to save money on their property tax bill by filing for their homestead exemptions.

    “In 2025, having a homestead exemption saved the average Travis County property owner $3,663 on their property tax bill,” said Chief Appraiser Leana Mann. “If you’re not claiming your exemptions, you’re paying too much in property taxes.”

    A homestead exemption can provide significant property tax savings for homeowners by reducing the taxable value of their primary residence. Homeowners who purchased a home in 2025 or who have not previously applied for a homestead exemption are encouraged to apply as soon as they qualify. The application form must be accompanied by a copy of a Texas driver’s license or identification card reflecting the property’s address. Filing for an exemption is free.

    Several types of homestead exemptions are available, including a general residence homestead exemption and exemptions for people over the age of 65, people and veterans with disabilities, and the surviving spouses of service members or first responders killed in the line of duty. To be eligible for a homestead exemption, a property owner must own and occupy a property.

    Additionally, property owners who began claiming a homestead exemption on their property from 2010 to 2019 will be included in the District’s exemption verification program for 2026. The verification process ensures exemptions are applied only to eligible properties, as required by state law. If a homeowner needs to provide any information to the District as part of the verification process, they will be notified directly. No action is required unless a taxpayer receives a notice from TCAD.

    Added Mann, “Property owners who need help with their forms should never pay someone to assist them. Our staff is always available to help.”

    TCAD’s homestead exemption hotline is available to provide property owners with assistance in completing their applications and verifications. By calling 512-873-1560, Travis County residents can speak with a customer service representative who can answer their questions and help with submitting completed forms. The helpline is staffed Monday through Friday, 9 a.m. to 4:30 p.m.

    Travis County property owners can view the current exemptions on their property, review a list of available homestead exemptions, and download or complete exemption application forms online at traviscad.org/homesteadexemptions. More information on the exemption verification process is available at traviscad.org/verify.

    About the Travis Central Appraisal District

    The mission of Travis Central Appraisal District, in accordance with the Texas Constitution and the laws of the state, is to provide accurate appraisal of all property in Travis County at one hundred percent market value, equally and uniformly, in a professional, ethical, economical and courteous manner, working to ensure that each taxpayer pays only their fair share of the property tax burden. For more information, please visit traviscad.org.

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  • Bike ride in France raises hope for a Pictou County family

    When Chanda MacDonald’s 20‑year‑old daughter was diagnosed with gastric cancer last spring, she knew the road ahead would be daunting. What she didn’t expect was the outpouring of support for Raleigh’s fight.

    A clinical registered nurse educator with Nova Scotia Health, MacDonald says the diagnosis last May was devastating. Raleigh’s cancer developed from Peutz‑Jeghers syndrome, a rare genetic condition that had gone undetected since childhood.

    MacDonald’s two close friends, Dr. Colin Sutton, an emergency physician at Aberdeen Hospital in New Glasgow, and his wife Linda MacNeil, a retired nurse, joined the Great Cycle Challenge. It’s a national fundraiser for childhood cancer research. The couple dedicated their fundraising efforts to research in Raleigh’s name, logging almost 600 kilometres over an 8-day bike tour in France last summer.

    Awareness is critical, says MacDonald, especially for rare conditions like Peutz‑Jeghers syndrome. “Where a diagnosis can sometimes come as a total shock, these syndromes can be ‘silent’ until they become serious. Research isn’t a luxury; it’s how treatments are discovered. Every dollar raised goes toward a future where mothers like myself won’t have to go through this.”

    For Sutton and MacNeil, who raised $6,500 for research into the syndrome, the ride was both a physical challenge and a symbol of solidarity. “You think about your own kids and how unpredictable life can be,” Sutton said. “Here’s a young woman writing exams, feeling tired and suddenly facing a terrible diagnosis. It reminds you how vulnerable we all are.”

    MacNeil says “We’ve known Chanda for decades. To be able to do something tangible, to ride and raise money, it felt like the least we could do. It was about hope, strength and community.”

    MacDonald considers the gesture more meaningful than simply financial. “What Colin and Linda did is the definition of humanity,” she said. “They gave us the strength to keep fighting. Families like ours need that hope.”

    MacNeil says “You just want awareness out there. There’s still a long way to go. If anybody can donate, it all helps, especially with the type of cancer Raleigh has. It is so rare.”

    “Raleigh says the efforts of Sutton and MacNeil make it easier to remain positive and have faith. p “It gets me through each day along with the amazing support from the community.” “I am humbled by the kindness of Colin and Linda and the awareness they’ve brought to help research kids’ cancers,” she said. “It is people like them that will help save many children.”

    Raleigh had been preparing to enter her third year at St. Francis Xavier University when she paused her studies to start chemotherapy. Despite the fatigue after her treatments, Raleigh is determined to pursue a career in healthcare. She says she’s always wanted to help people and believes she has a natural ability to care and to demonstrate her empathy for others.

    Sutton says they’ve done the ride in other places before, “but this time we wanted to dedicate it to Raleigh. She may have been 19 when diagnosed, but from our point of view she’s still our friend’s child. Everyone was trying to figure out how they could help. For us, raising money for research in her name was the way.” They carried a photograph of Raleigh with them, Sutton says “We wanted Raleigh to ride with us, so to speak,” 

    MacNeil said the ride drew attention from fellow cyclists and even strangers abroad. “People were quite intrigued by what we were doing,” she said. Some of the people they met donated to the cause. Sutton and MacNeil were among the top fundraisers in Nova Scotia for the ride. 

    If awareness there can lead to earlier detection, that’s a difference Raleigh is proud to have made,” MacDonald said. “Raleigh doesn’t walk this path alone; she has a huge community behind her. That’s really the whole message.”

    Photo of Raleigh MacDonald.

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  • Medford Receives “Distinguished Budget Presentation Award” for Fiscal Year 2026 Municipal Budget

    Medford Receives “Distinguished Budget Presentation Award” for Fiscal Year 2026 Municipal Budget

    The City has received its third “Distinguished Budget Presentation Award” from the Government Finance Officers Association (GFOA) for the Fiscal Year 2026 municipal budget, Mayor Breanna Lungo-Koehn announced. The Finance and Communications departments compiled the application materials and submitted the FY26 budget for consideration in September 2025, and the GFOA awards were announced in December 2025. The City had previously won the Distinguished Budget Presentation Award for its Fiscal Year 2021 and 2025 budgets. 

    “I am so proud of our team for securing this prestigious award for the second year in a row,” Mayor Breanna Lungo-Koehn said. “This recognition from the GFOA shows that our financial policies and procedures are putting the City and its taxpayers on sound fiscal footing and ensuring that we are well positioned for the future.”  

    According to the GFOA, the award “represents a significant achievement” by a municipality that “reflects the commitment of the governing body and staff to meet the highest principles of governmental budgeting.”  

    By winning this prestigious award, the City of Medford has “pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America,” the GFOA wrote in its award letter. 

    “Compiling the FY26 budget was a daunting task that required a lot of cross-departmental collaboration,” Finance Director Bob Dickinson said. “I’m thrilled that the GFOA recognized the work that went into producing this document. I thank the Mayor for setting this goal and the partnership by the staff, especially the Communications team, led by Communications Director Steve Smirti and Communications Specialist Emma Twombly, who worked to achieve it.”  

    The award-winning Fiscal Year 2026 Municipal Budget is available to view here. 

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  • Deadly cold snap across Europe causes accidents, flight cancellations in France – France 24

    1. Deadly cold snap across Europe causes accidents, flight cancellations in France  France 24
    2. Six dead in weather accidents as cold snap grips Europe  Dawn
    3. Six dead and hundreds of flights cancelled as snow causes chaos across Europe  BBC
    4. Six people die as snow, ice and freezing temperatures wreak havoc in Europe  The Guardian
    5. Snow cripples air, train and road traffic in Amsterdam and Paris  The Express Tribune

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  • How collaboration between two hospitals is speeding up care for emergency patients

    How collaboration between two hospitals is speeding up care for emergency patients

    An innovative collaboration between St. Joseph’s Health Centre and St. Michael’s Hospital has streamlined care and shortened lengths of stay for emergency department patients in Toronto’s west end.

    Launched last year, the overnight CT reporting project speeds up access to CT scan results for emergency patients at St. Joseph’s. The project supports clinicians requiring overnight access to CT scans to diagnose and address everything from head injuries to bleeding and fractures.

    At St. Joseph’s, emergency patients used to have to wait until daytime hours to have a CT scan and get the results. Noticing that this was causing long stays for patients in the department, the St. Joseph’s team partnered with the St. Michael’s Radiologist practice, Toronto Radiology, at the Department of Medical Imaging to speed up the imaging process.

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    St. Michael’s, a Level 1 trauma centre, has had an Emergency Radiology division as part of its Radiologist practice for the past 6 years. Radiologists are available day and night to interpret scans for critical cases.

    “We identified this collaborative opportunity for our St. Michael’s emergency radiologists, who were already here in the hospital overnight. Now they’re able to help patients across Unity Health and decrease the emergency department length of stay at St. Joseph’s Heath Centre,” says Dr. Anish Kirpalani, Chief of the Department of Medical Imaging at St. Michael’s.

    St. Joseph’s now has a technologist on site to run CTs for patients overnight, and the scans are then securely sent to the emergency radiologists, led by Dr. Robert Moreland, at St. Michael’s to interpret. Rather than waiting for hours, or even coming back the next day, St. Joseph’s providers and patients now have access to timely scans.

    Dr. Tara Williams, Chief of Diagnostic Imaging at St. Joseph’s, says the program is an example of cross-site collaboration “working for the greater good.”

    “It has been a highly successful collaboration between the two hospital groups and has improved patient care,” says Williams.

    Because of the success of the program right from launch, the two hospitals have continued to work together to sustain overnight reporting. Emergency physicians and staff at St. Joseph’s are excited by the partnership and the efficiency it has created for patients, who now have their scans interpreted in as little as an hour depending on capacity and demand.

    Dr. Joan Cheng, Chief of the Emergency Department at St. Joseph’s, says that the program has allowed her team to make diagnoses while improving safety and outcomes for patients. It has been a game changer in terms of speed and efficiency for the department.

    “Emergency care doesn’t stop when the sun goes down,” says Cheng. “And now neither does access to advanced imaging.”

    By Olivia Lavery

    Photo by Katie Cooper

    Related Tags

    • St. Joseph’s
    • St. Michael’s

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