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Shell, Nigeria’s Aiteo locked in legal battle over loan default

Bloomberg Royal Dutch Shell Plc and seven banks accused one of Nigeria’s largest oil producers of defaulting on loan repayments that stand at more than $900 million and are locked in a court battle to reclaim the money, legal documents show. The previously unreported impasse stems from a deal that Aiteo Eastern E&P Co. did six years ago to purchase ...

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Guns are not a winning issue for Democrats

Gun control is back on the national agenda. While the killings in Georgia two weeks ago mostly prompted dialogue about motives and anti-Asian hate crimes, the murder of 10 last week in Colorado led President Joe Biden to urge Congress not “to wait another minute” before acting on gun regulation proposals, including a ban on assault rifles and high-capacity magazines. ...

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Europe should keep its green bar high

The European Union’s attempt to protect the environment by developing a complicated, wide-ranging definition of green investments has run into yet more problems. This time, it’s opposition from those who support a more incremental approach. A new draft of the bloc’s sustainable finance taxonomy, which seeks to catalogue only activities aligned with climate protection, includes some forms of unabated natural ...

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