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Court clears path for Brazil to renew energy distribution concessions

A Brazilian court on Wednesday cleared a hurdle for the government's renewal of concessions contracts representing 60% of the energy distribution market in South America's largest country. Brazil's government has been working since 2022 on new guidelines over the extension of energy distribution contracts, but it has yet to release a final version, already affecting one concession. On Wednesday Brazil's court of auditors said that new guidelines would not need its approval, a decision which could help streamline concession renewals. ....

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U.S. exercises power of veto to defeat Gazan humanitarian resolution

U.S. exercises power of veto to defeat Gazan humanitarian resolution
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U.S. vetoes security council resolution calling for Gaza ceasefire

U.S. vetoes security council resolution calling for Gaza ceasefire
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Only U.S. opposed Gaza UNSC resolution, so veto was used to stop it passing

Only U.S. opposed Gaza UNSC resolution, so veto was used to stop it passing
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