The Daily Populous

HOUSTON (Reuters) - The largest and oldest electric power cooperative in Texas filed for bankruptcy protection in Houston on Monday, citing a disputed $1.8 billion debt to the state’s grid operator.

The grid operator, the Electric Reliability Council of Texas (ERCOT), on Friday said that $2.1 billion in initial bills went unpaid, underscoring the financial stress on utilities and power marketers.

Debt analyst Fitch Ratings, meanwhile, has warned of potential downgrades to all Texas municipal power firms that use the state’s grid. »

The judge Christine Mée, the president of the tribunal, said there was serious evidence of a “corruption pact” between Sarkozy, Herzog and Azibert.

Sarkozy supporters have accused French judges of making the former president the target of an unfair and relentless legal crusade.

After the verdict, Damien Abad, the president of LR’s parliamentary group, tweeted: “Today I want to again express my friendship with President Nicolas Sarkozy. »

His wife, Simone Ledward Boseman, gave an emotional acceptance speech on the late actor’s behalf.

He would thank his ancestors for their guidance and their sacrifices,” Ledward Boseman said.

Ledward Boseman also thanked Boseman’s co-stars, director George C. Wolfe, Netflix, the Hollywood Foreign Press Association, his mentor Denzel Washington and more. »

The bill, called the Ultra-Millionaire Tax Act, would create an annual tax of 2 percent on the net worth of households and trusts between $50 million and $1 billion and a tax of 3 percent on net worth above $1 billion.

The rate for net worth above $1 billion would increase to 6 percent if a "Medicare for All" health care plan is enacted.

The bill resembles a proposal that Warren released during her unsuccessful presidential campaign and frequently touted on the campaign trail. »