EXPLN

Explainer: Spilt milk? Why are the US and Canada preventing over dairy?

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WINNIPEG, Manitoba, Feb 1 (Reuters) – The USA on Tuesday mentioned it was looking for a second commerce dispute settlement panel over Canada’s dairy import quotas, accusing Canada of not assembly obligations to open its market to American producers. The transfer is the newest salvo in longstanding tensions between the commerce companions over Canada’s protected … Read more

Explainer: Why the U.S. Inflation Discount Act has rattled Europe

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BRUSSELS, Feb 1 (Reuters) – The European Fee offered its Inexperienced Deal Industrial Plan on Wednesday in response to the U.S. Inflation Discount Act (IRA), with elevated ranges of state help to assist Europe compete as a producing hub for clear tech merchandise. Whereas EU nations welcome the U.S. dedication to vitality transition, they concern … Read more

Explainer: Why are there protests in Peru and what comes subsequent?

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Jan 31 (Reuters) – Protests in Peru since early December have led to the deaths of a minimum of 48 folks as demonstrators have clashed with safety forces within the Andean nation’s worst outbreak of violence in over 20 years. WHAT SPARKED THE PROTESTS? The protests started after Congress eliminated President Pedro Castillo on Dec. … Read more

Explainer: Who’s behind Hindenburg, the corporate that’s shorting Adani?

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NEW YORK, Jan 25 (Reuters) – Quick-seller Hindenburg Analysis disclosed on Wednesday quick positions in India’s Adani Group, citing potential inventory manipulation and accounting fraud in a report. The allegations despatched bonds and shares within the conglomerate’s corporations down. Hindenburg has a track-record of discovering company wrongdoings and inserting bets in opposition to the businesses. … Read more

Explainer: The Beirut port blast: Why has there been no accountability?

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BEIRUT, Jan 25 (Reuters) – Lebanon’s prime public prosecutor on Wednesday charged the decide investigating the 2020 Beirut port explosion that killed a minimum of 220 individuals, stymieing his effort to carry members of the ruling elite accountable. Public prosecutor Ghassan Oweidat, who rejected Decide Tarek Bitar’s determination to renew the inquiry, additionally ordered the … Read more

Explainer: Why is Turkey blocking Swedish and Finnish NATO membership?

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STOCKHOLM, Jan 24 (Reuters) – Swedish and Finnish hopes of shortly becoming a member of NATO have run into an impediment within the type of objections by Turkey, which holds veto powers over accession to the army alliance. The three nations reached an settlement on tips on how to proceed in Madrid final June, however … Read more

Explainer: Why Malaysia is contemplating a ban on palm oil exports to the European Union

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KUALA LUMPUR, Jan 13 (Reuters) – Malaysia, the world’s second-largest palm oil producer, on Thursday mentioned it would cease palm exports to the European Union after the bloc imposed extra import restrictions on the edible oil resulting from issues over deforestation. WHAT IS THE DISAGREEMENT ABOUT? Malaysia and Indonesia have for years been at loggerheads … Read more

Explainer: Why Japan is looking for navy ties past its U.S. ally

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TOKYO, Jan 13 (Reuters) – Earlier than assembly President Joe Biden in Washington D.C., Japanese Prime Minister Fumio Kishida visited Italy, France, Britain and Canada, partially to forge safety ties that might assist it fend off China, North Korea and Russia. ROUGH NEIGHBOURHOOD In June, Japan’s defence minister on the time, Nobuo Kishi, stated his … Read more

Explainer: Why U.S. flights have been grounded by a FAA system outage

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Jan 11 (Reuters) – The Federal Aviation Administration (FAA) allowed some flights to renew after an outage of the system that alerts pilots to any obstructions earlier than take-off had earlier compelled the civil aviation regulator to floor all plane in the US. Over 4,000 flights have been delayed and greater than 600 canceled due … Read more

Explainer: Why are migrants crossing the U.S.-Mexico border in file numbers?

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Jan 8 (Reuters) – U.S. President Joe Biden is visiting the U.S.-Mexico border for the primary time since he took workplace in January 2021 on Sunday, forward of a go to to Mexico and after asserting new measures to cut back border crossings. What is occurring on the U.S.-Mexico border now and why are there … Read more