Australia’s Solar Power Surges to 30%, Outshining Coal Amid Heatwave

January 30, 2026

Australia’s Solar Power Surges to 30%, Outshining Coal Amid Heatwave

Australia’s power grid is changing fast with solar power providing 30% of electricity during a record heatwave. Coal’s role is shrinking as renewables grow stronger.

Panama Court Ends Chinese Firm's Port Deal but Ports to Keep Running Smoothly

January 30, 2026

Panama Court Ends Chinese Firm's Port Deal but Ports to Keep Running Smoothly

Panama's top court ruled a Chinese subsidiary's port deal unconstitutional but ports will run without disruption. Danish company AP Moller-Maersk will take temporary control after concession ends.

Venezuela Passes New Oil Law to Invite Private Investment Amid US Pressure

January 30, 2026

Venezuela Passes New Oil Law to Invite Private Investment Amid US Pressure

Venezuela’s acting president has signed a new hydrocarbons law to allow private firms partial control of its oil sector. The move follows US pressure and sanctions easing, but experts doubt its effect without political reforms.

Panama's Supreme Court Annuls Hong Kong Firm's Port Deals on Panama Canal

January 30, 2026

Panama's Supreme Court Annuls Hong Kong Firm's Port Deals on Panama Canal

Panama's Supreme Court voided contracts letting Hong Kong-based CK Hutchison run key Panama Canal ports. The ruling declares related laws unconstitutional, sparking tensions amid US-China rivalry. The move may disrupt a big sale involving US firms, affecting thousands of workers and global trade.

Saudi Arabia Launches 54-Day Ramadan Sales Season From Feb 1 to Mar 26, 2026

January 30, 2026

Saudi Arabia Launches 54-Day Ramadan Sales Season From Feb 1 to Mar 26, 2026

Saudi Arabia's Ministry of Commerce announces a long Ramadan sales season to ease shopping pressure. Discounts on Ramadan and Eid items run from Feb 1 to Mar 26, 2026. Verified offers and inspections ensure shopper trust during the festive period.