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Shell, Exxon, others to end billion dollar Nigerian lawsuits

Bloomberg Shell Plc, ExxonMobil Corp., Chevron Corp. and Equinor ASA plan to withdraw multibillion-dollar lawsuits against Nigeria’s state energy company after finalizing new terms for deep-water oil production in Africa’s largest crude producer. In letters to two New York federal judges, the oil majors said they had agreed to settle with the Nigerian National Petroleum Co. and will terminate ongoing ...

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Imran Khan’s street politics sets up showdown with army

  Bloomberg Pakistan’s military-backed establishment faces a dilemma: The more they seek to boot Imran Khan out of politics, the greater the risk he becomes even more popular. Since his ouster in a no-confidence vote in April, Khan has sought to rally his supporters in the world’s fifth-most populous country to hit the streets and push for a fresh national ...

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Torrent of cash for Ukraine weapons puts Pentagon watchdog on high alert

  Bloomberg As the Pentagon rushes to replenish billions of dollars in weapons sent to Ukraine, its inspector general says he’s on high alert for signs of fraud and abuse in the thousands of contracts being awarded. “We have developed a universe of thousands of Ukraine-related contracts” that come in under $2 million each, Acting Inspector General Sean O’Donnell said ...

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