Brazil’s Lula to nominate deputy finance minister for key central bank role

SAO PAULO (Reuters) – Brazilian Finance Minister Fernando Haddad ended months of uncertainty on Monday as he revealed that Gabriel Galipolo, his second-in-command at the ministry, will be nominated for a top position at the central bank, which the government has heavily criticized for its high borrowing costs. Haddad said that Galipolo, the former CEO…

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Abortion pill case to be heard by conservative, anti-abortion panel

By Brendan Pierson and Jacqueline Thomsen (Reuters) – A case brought by anti-abortion groups seeking to ban the abortion pill mifepristone nationwide will be heard next week by a panel of three deeply conservative judges hostile to abortion rights, a federal appeals court revealed on Monday. The Biden administration is expected to urge the 5th…

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Ex-Fox News producer dismisses Delaware lawsuit against Fox, NY lawsuit pending

By Helen Coster (Reuters) – Former Fox News producer Abby Grossberg has dismissed one lawsuit accusing the cable network, parent company Fox Corp and Fox News lawyers of defamation and pressuring her to make false statements in the now-settled Dominion Voting Systems case, a court filing on Friday showed. The Delaware lawsuit was dismissed “without…

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Mexican president backs U.S. dollar as globe’s ‘principal currency’

MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador gave the U.S. dollar a vote on confidence on Monday after he was asked if a weakening greenback might spur a move to diversify Mexico’s foreign currency reserves. “We are going to continue considering the dollar as the world’s principal currency,” Lopez Obrador told a…

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Tight security as Nigeria presidential election result challenged

By Camillus Eboh ABUJA (Reuters) – Police blocked roads in the centre of Nigeria’s capital on Monday as judges started hearing opposition petitions disputing president-elect Bola Tinubu’s victory in February’s presidential election. Yards away from the Court of Appeal in Abuja, around 100 protesters stood quietly holding up pre-printed banners saying Tinubu should not be…

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Factbox-What did former FCC Chair Newton Minow say about television?

WASHINGTON (Reuters) – Newton Minow’s first speech as chair of the Federal Communications Commission was his most memorable. In addressing leading U.S. broadcast executives on May 9, 1961, in Washington, he said television programming was a “vast wasteland” and something need to be done about it. Here are excerpts from that speech: * “Your industry…

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