Lawyers win big in $787.5 million Fox defamation case

By Andrew Goudsward (Reuters) – The $787.5 million settlement that ended Dominion Voting Systems’ defamation lawsuit against Fox Corp also marks the end of a lucrative, two-year legal battle for the sprawling teams of highly-paid lawyers on both sides. At least 31 lawyers from nine different law firms worked on the case, court filings show….

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Israel cements ties to Turkmenistan on Iran’s border

ASHGABAT (Reuters) -Israeli Foreign Minister Eli Cohen inaugurated a permanent embassy in the Central Asian nation of Turkmenistan on Thursday, establishing his country’s closest diplomatic presence to Iran, as Israel seeks to strengthen ties to its arch-foe’s neighbours. Although the countries established diplomatic relations 30 years ago, there had only been a temporary Israeli mission…

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Exclusive-Pakistan makes its first purchase of discounted Russian oil

By Asif Shahzad ISLAMABAD (Reuters) – Pakistan has placed its first order for discounted Russian crude oil under a deal struck between Islamabad and Moscow, the country’s petroleum minister said, with one cargo to dock at the port of Karachi in May. Pakistan’s purchase gives Russia a new outlet, adding to Moscow’s growing sales to…

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India monetary tightening cycle not over, inflation remains a concern -MPC minutes

By Swati Bhat MUMBAI (Reuters) – India’s current rate tightening cycle may not be over as more hikes could be warranted to align inflation towards the central bank’s medium term target of 4%, minutes of this month’s Monetary Policy Committee (MPC) meeting showed on Thursday. The MPC, comprising three members from the central bank and…

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Ukraine appeals to NATO chief for membership and more arms

By Pavel Polityuk KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy told visiting NATO chief Jens Stoltenberg on Thursday it was time for the military alliance to offer his country membership and that Kyiv needed more weapons to fight Russia. Zelenskiy made his comments at a joint news conference after talks with Stoltenberg, who offered NATO’s solidarity…

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Dominion Voting owner says Fox held accountable even without apology

By Svea Herbst-Bayliss and Helen Coster NEW YORK (Reuters) – The co-head of the private equity firm that owns Dominion Voting Systems said the company’s $787.5 million settlement with Fox Corp held Fox accountable for spreading lies even if it did not apologize or admit wrongdoing. “We exposed the truth and we did create accountability…

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