
Spain's Grid Denies Report It Mishandled Voltage Before Blackout
Spanish grid operator Red Electrica denies it took any action that was out of the ordinary in the minutes before a blackout hit the country on April 28.
Red Electrica says it operated the power cable connected to France in line with protocol, in a statement. The grid operator says a full report hasn't been published by the group Entose even though it was cited by local newspaper El Economista.

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Yahoo
5 hours ago
- Yahoo
Is your favorite taco truck slower than usual? ICE raids are sending street vendors into hiding
Francisco has been working as a taquero for over a year, but he's never felt as worried as he does now, in the shadow of a week of ongoing sweeps in Los Angeles by U.S. Immigration and Customs Enforcement. "We can't go out to work as much on the streets now," the 23-year-old said in Spanish. "We've heard from some colleagues who work in other positions, and they've even arrested a couple of them. We go to work afraid they might arrest us." To stay safe, Francisco — who provided only his first name out of fear for his safety because he is undocumented — said he has limited his movement, turning to Uber Delivery for necessities like groceries and medicine. But he continues to come to work. "If we don't go out to work, how do we cover our expenses?" he said. The risk of being arrested and deported versus the need for economic security is plaguing undocumented vendors throughout Los Angeles, said Elba Serrano, the associate vice president of East L.A. Community Corp. ELACC is a member of the Los Angeles Street Vending Campaign coalition and assists vendors with securing permits. Around 80% of their clients are undocumented, Serrano said. "Vendors don't want to be seen as 'illegal,' " she said. "They always have been wanting to be part of the economy, and our goal was for them to be seen as a legitimate small business." The problem now, Serrano explained, is that to secure permits, vendors must file an I-10 form, which categorizes filers by their citizenship status. "One of the things that we've always understood is that the IRS is only there to collect taxes — they're not checking for, you know, anybody's status," she said. "But now, this new administration is seeking to get a list of potential people who are undocumented, and the easiest way to find somebody who's undocumented is by looking through I-10s." Since the onset of ICE's raids last weekend, Serrano said several vendors have canceled their appointments with the agency. With the rampant ICE presence in the city, whether undocumented vendors seek to file taxes or go into work has become a "personal risk assessment." For many vendors, the risk is not worth it. At the Hollywood location of Leo's Tacos Truck, a popular taco truck chain, only five guys were working the late night rush. Typically, the night shift is staffed by 10 people. "We've been dealing with this problem of missing people for two weeks," said security guard Ricardo Rodriguez. Notably, however, the decision to leave the house affects not only vendors, but also their customers. On a typical night, Rodriguez said the truck receives around 950 customers. The line snakes throughout the parking lot. Now that number has dropped to 500 and features few Latino faces. "It's a little customer. A little employees," he said. "People feel a little intimidated by the protest." Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week. This story originally appeared in Los Angeles Times.


Los Angeles Times
5 hours ago
- Los Angeles Times
Is your favorite taco truck slower than usual? ICE raids are sending street vendors into hiding
Francisco has been working as a taquero for over a year, but he's never felt as worried as he does now, in the shadow of a week of ongoing sweeps in Los Angeles by U.S. Immigration and Customs Enforcement. 'We can't go out to work as much on the streets now,' the 23-year-old said in Spanish. 'We've heard from some colleagues who work in other positions, and they've even arrested a couple of them. We go to work afraid they might arrest us.' To stay safe, Francisco — who provided only his first name out of fear for his safety because he is undocumented — said he has limited his movement, turning to Uber Delivery for necessities like groceries and medicine. But he continues to come to work. 'If we don't go out to work, how do we cover our expenses?' he said. The risk of being arrested and deported versus the need for economic security is plaguing undocumented vendors throughout Los Angeles, said Elba Serrano, the associate vice president of East L.A. Community Corp. ELACC is a member of the Los Angeles Street Vending Campaign coalition and assists vendors with securing permits. Around 80% of their clients are undocumented, Serrano said. 'Vendors don't want to be seen as 'illegal,' ' she said. 'They always have been wanting to be part of the economy, and our goal was for them to be seen as a legitimate small business.' The problem now, Serrano explained, is that to secure permits, vendors must file an I-10 form, which categorizes filers by their citizenship status. 'One of the things that we've always understood is that the IRS is only there to collect taxes — they're not checking for, you know, anybody's status,' she said. 'But now, this new administration is seeking to get a list of potential people who are undocumented, and the easiest way to find somebody who's undocumented is by looking through I-10s.' Since the onset of ICE's raids last weekend, Serrano said several vendors have canceled their appointments with the agency. With the rampant ICE presence in the city, whether undocumented vendors seek to file taxes or go into work has become a 'personal risk assessment.' For many vendors, the risk is not worth it. At the Hollywood location of Leo's Tacos Truck, a popular taco truck chain, only five guys were working the late night rush. Typically, the night shift is staffed by 10 people. 'We've been dealing with this problem of missing people for two weeks,' said security guard Ricardo Rodriguez. Notably, however, the decision to leave the house affects not only vendors, but also their customers. On a typical night, Rodriguez said the truck receives around 950 customers. The line snakes throughout the parking lot. Now that number has dropped to 500 and features few Latino faces. 'It's a little customer. A little employees,' he said. 'People feel a little intimidated by the protest.'
Yahoo
7 hours ago
- Yahoo
Netflix Eyes EMEA Expansion With Euro 1B Investment Plan in Spain
Netflix NFLX relies heavily on its international business as a key growth driver. In the first quarter of 2025, revenues rose 12.5% year over year, largely driven by strong international regional performance. Europe, Middle East, and Africa (EMEA) revenues grew 15% year over year to $3.4 billion and the Asia-Pacific (APAC) jumped 23% to $1.26 billion. Collectively, international markets contributed nearly 44% to total revenues, highlighting the company's growing dependence on non-U.S.-based now plans to invest €1 billion (approximately $1.14 billion) in Spain between 2025 and 2028, as it doubles down on Spanish shows. This long-term commitment will support the production of original content, local job creation and infrastructure development, including the expansion of studio operations in Madrid. The goal is to deepen its creative and operational footprint across the EMEA has evolved from a regional production site into a global content powerhouse for Netflix. With more than 1,000 Spanish titles released and billions of viewing hours generated, Spain has proven its value as a high-performing content market for the company. This new investment firmly establishes Spain as a cornerstone of Netflix's broader EMEA expansion Netflix's focus on streaming regional content has been leading to international growth. The company is expanding its content pipeline across key markets, including India, Mexico, Spain, Italy, Germany, Brazil, France, Turkey and the Middle East, supporting both market-specific relevance and global viewership scale. The streaming landscape is growing more competitive, with Netflix facing rising pressure from Amazon Prime Video, a streaming television service owned by Amazon AMZN. By integrating its vast e-commerce ecosystem with streaming, Amazon offers a unique value proposition that challenges Netflix's dominance in the streaming Disney+, the streaming arm of Disney Entertainment, a major segment of Disney DIS, is accelerating its global growth by significantly increasing the production of international original content, directly challenging Netflix's dominance in key overseas markets. Backed by an expanding international footprint and a powerful franchise-driven content lineup, Disney+ continues to post strong user growth, positioning itself as a formidable rival in the global streaming race. Shares of Netflix have gained 36.6% year to date compared with the Zacks Broadcast Radio and Television industry's return of 24.7%. Image Source: Zacks Investment Research Netflix trades at a premium with a forward 12-month P/S ratio of 10.95 compared with the broader Zacks Broadcast Radio and Television industry's forward earnings multiple of 4.12. NFLX has a Value Score of D Image Source: Zacks Investment Research The Zacks Consensus Estimate for NFLX's 2025 revenues is pegged at $44.47 billion, indicating 14.01% year-over-year growth. The consensus mark for earnings is pegged at $25.32 per share, down by a penny over the past 30 days. This indicates a 27.69% increase from the previous year. Image Source: Zacks Investment Research NFLX currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data