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Saudi Arabia Accelerates $8.3 Billion Solar and Wind Projects
Saudi Arabia is accelerating its renewables push with $8.3 billion worth of new solar and wind projects totaling 15 GW, led by ACWA Power, Aramco Power, and state entities. The Kingdom aims to displace 1 million barrels per day of crude oil used in power generation, freeing up more oil for exports. Despite the energy transition, Saudi leaders stress oils continued role in a volatile global market, framing renewables not as a replacement but a complement to their dominant oil production strategy. Saudi Arabia seeks to raise its solar and wind power capacity with multi-billion-dollar deals. The Kingdom, the worlds...

Philippine Aviation Police Apprehend Wanted OFWs at Airports
THE Philippine National Police-Aviation Security Group (Avsegroup) on Monday said that efforts to apprehend wanted individuals continue in the countrys airports. Aviation police said that a man who had been away from Manila for over a decade was held at the Ninoy Aquino International Airport (NAIA) Terminal 3 upon his return from Istanbul, Turkey, on Sunday, July 13. The passenger, an overseas Filipino worker (OFW) whose name was withheld, was flagged by Bureau of Immigration (BI) personnel after he presented his passport for clearance. Wanted OFWs arrested in airports Immigration personnel found out that the OFW had an active arrest...

New Tax Bill Impact on Gamblers: 90% Loss Deduction Rule Explained
By now, most gamblers know that President Donald Trumps One Big Beautiful Bill Act contains a poison pill they are being forced to swallow. The tax bill only allows them to deduct 90% of their gambling losses, meaning gamblers could have to pay taxes on money they actually lost. That makes the loss even worse and, in theory, ruins things like casino loyalty programs. Few gamblers are going to sign up to have their play tracked if it means that they might end up owing taxes on money they did not win. Its hard to imagine an IRS that can...