Explainer-The UN Security Council demanded a Gaza ceasefire – what happens now?
By Michelle Nichols UNITED NATIONS (Reuters) – A day after the United Nations Security Council adopted a resolution demanding a ceasefire between Israel and Hamas and the release of hostages, the war…
Explainer-The latest on tax credit rules in Biden’s climate and drugs bill
By Jarrett Renshaw and Philip Blenkinsop (Reuters) – U.S. President Joe Biden’s Inflation Reduction Act (IRA), cheered by some Democrats and the White House as a milestone in the fight against climate…
Explainer-The probes into Lebanese central bank chief Salameh
BEIRUT (Reuters) – Lebanese authorities charged longtime central bank governor Riad Salameh, his brother Raja and one of his assistants on Thursday with money laundering, embezzlement and illicit enrichment after months of…
Explainer-The Fed says disinflation is welcome. What is that, exactly?
By Ann Saphir WASHINGTON (Reuters) – Financial markets this week latched on to what U.S. Federal Reserve Chair Jerome Powell called “most welcome” disinflation, betting it signals the central bank’s war on…
Explainer-The Beirut port blast: Why has there been no accountability?
BEIRUT (Reuters) – Lebanon’s top public prosecutor on Wednesday charged the judge investigating the 2020 Beirut port explosion that killed at least 220 people, stymieing his effort to hold members of the…
Explainer-The vast nuclear plant in the eye of the war in Ukraine
LONDON (Reuters) – The Zaporizhzhia nuclear power plant in southern Ukraine has been shelled in recent days, raising the possibility of a grave accident just 500 km (around 300 miles) from the…
Explainer-The legal procedure for contesting Kenyan election results
By Duncan Miriri NAIROBI (Reuters) – The chairman of Kenya’s election commission declared Deputy President William Ruto president-elect on Monday after a closely fought contest against opposition leader Raila Odinga. Odinga has…
Explainer-The world of crypto lending
By Tom Wilson, Elizabeth Howcroft and Hannah Lang LONDON – Major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers on Monday, citing “extreme” market conditions, sparking a sell-off across crypto…
Explainer-The Fed’s new ‘QT’ plan takes shape
By Dan Burns (Reuters) – The Federal Reserve on Wednesday said it will start culling assets from its $9 trillion balance sheet in June and will do so at nearly twice the…
Explainer-The extent of global banks’ Russian exposure
By Valentina Za MILAN – European bank stocks have lost a fifth of their value over the past month amid the Ukraine crisis. Western sanctions against Russia following its invasion of Ukraine…
Explainer-The extent of global banks’ Russian exposure
By Valentina Za MILAN – European bank stocks have lost a fifth of their value since Russia invaded Ukraine last month. Western sanctions against Moscow have upended the financial sector, but the…
Explainer-The U.S. yield curve has been flattening: Why you should care
By Davide Barbuscia and David Randall NEW YORK – The U.S. Treasury yield curve has been flattening over the last few months as the Federal Reserve prepares to hike rates, and some…
Explainer-The regulatory and legal headwinds facing Robinhood
By Chris Prentice and Michelle Price WASHINGTON – Robinhood Markets is still facing a number of legal and regulatory threats a year after the retail “meme stock” trading frenzy led the brokerage…
Explainer-The Fed is planning to cut its balance sheet. Here’s what we know
By Jonnelle Marte – The Federal Reserve is beginning to lay out the specifics of how it plans to cull the bond holdings amassed to bolster the U.S. economy during the pandemic,…
Explainer-The U.S. export rule that hammered Huawei teed up to hit Russia
– The Biden administration is readying a U.S. export rule used against Chinese telecoms equipment maker Huawei that could curb Russia’s access to global electronics supplies if President Vladimir Putin decides to…
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