[ad_1] May 1 (Reuters) – The focus of the U.S. regional banking crisis turned on First Republic Bank in late March after the wealthy clients it courted to fuel its…
Tag: Explainer
Explainer: Elon Musk loves it. So what’s all the buzz about bitcoin?
[ad_1] LONDON, Feb 8 (Reuters) – Bitcoin surged anew on Monday when Elon Musk electrified its prospects by pledging Tesla Inc (TSLA.O) would soon take payment for its electric vehicles…
Explainer: Unethical AI and what can be done about it
[ad_1] Italy bans ChatGPT over privacy concerns. An Australian whistle-blower threatens to sue for defamation after the chatbot falsely describes him as a perpetrator in the scandal he helped uncover. A Belgian man dies…
EXPLAINER: Why Finland, Sweden Joining NATO Will Be Big Deal
[ad_1] By LORNE COOK, Associated Press BRUSSELS (AP) — It’s likely to be the quickest NATO enlargement ever and one that would redraw Europe’s security map. Finnish leaders announced Thursday…
EXPLAINER: Why are Dutch farmers protesting over emissions?
[ad_1] THE HAGUE, Netherlands (AP) — Farmers protested around the Netherlands as lawmakers voted Tuesday on proposals to slash emissions of damaging pollutants, a plan that will likely force farmers…
EXPLAINER: Why Macron, French unions at odds over pensions
[ad_1] PARIS (AP) — The French government is presenting a bill on Monday that foresees broad changes to the pension system that will notably push back the legal retirement age…
UK-Switzerland Services Mobility Agreement explainer
[ad_1] The UK and Switzerland have secured a far-reaching agreement for service suppliers to trade in each other’s markets. This forms part of the government’s strategy to place the UK…
Explainer: Credit Suisse bondholders seek legal advice on AT1 wipe-out
[ad_1] LONDON, March 23 (Reuters) – Credit Suisse (CSGN.S) bondholders are seeking legal advice after the Swiss regulator ordered 16 billion Swiss francs ($17.5 billion) of Additional Tier-1 (AT1) debt…
EXPLAINER: How to survive Stagflation in Nigeria
[ad_1] The latest inflation data from the National Bureau of Statistics reveal Nigeria’s inflation rate for the month of February rose to another 17-year high of 21.9% as cash shortages…
Explainer: Credit Suisse: How did it get to crisis point?
[ad_1] March 16 (Reuters) – Credit Suisse (CSGN.S) said on Thursday it would borrow up to $54 billion from the Swiss central bank to shore up liquidity after a slump…