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What do new U.S. sanctions mean for Syria?

AMMAN (Reuters) – The toughest U.S. sanctions yet on Syria take effect this week, increasing the pressure on President Bashar al-Assad as he grapples with a deepening economic crisis after a decade of war. Washington says sanctions will help hold Assad and his... More »

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Repo is Wall Street’s big year-end worry. Why?

(Reuters) – The $2.2 trillion repurchase agreement market – part of the inner workings of the U.S. financial system – is facing what could be another strain as the year comes to a close. That could have wider implications than just Wall Street. WHAT IS THE WOR... More »

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Explainer: What’s behind Japan’s support of whaling?

TOKYO (Reuters) – Japan has for decades been steadfastly defiant about hunting whales despite widespread anger, including from key allies like the United States. After roughly 30 years of what it has called scientific research whaling, which saw several hundre... More »

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Explainer: What’s at stake in U.S.-China trade talks

WASHINGTON (Reuters) – U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin are in Beijing this week as Chinese and American negotiators try to hammer out a trade deal to ease a trade war and avert an increase in U.S. tariffs ... More »

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Explainer: Who is behind the Philippine church bombings?

MANILA (Reuters) – Philippines security forces investigating a deadly twin bombing at a church on a predominantly Muslim southern island are zeroing in on what they say is an affiliate of the militant Abu Sayyaf Group. Twenty people were killed and more than 1... More »

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Explainer: Key Issues, implications of U.S.-China trade talks

WASHINGTON (Reuters) – U.S.-China trade talks will reach a pivotal phase this week when Chinese Vice Premier Liu He comes to Washington for negotiations with his U.S. counterparts, U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven ... More »

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How partial shutdown of U.S. government could play out

WASHINGTON (Reuters) – A partial U.S. government shutdown was widely expected to continue after Congress reconvenes on Thursday, with lawmakers split over President Donald Trump’s demand for $5 billion in taxpayer funding for a proposed Mexican border wall. Th... More »

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Explainer: How does extradition to the U.S. work?

(Reuters) – The arrest in Canada of a top Chinese technology executive for possible extradition to the United States has roiled markets and cast doubt on a recent U.S.-China trade truce. Huawei Technologies Co Ltd Chief Financial Officer Meng Wanzhou, who is a... More »

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In bumpy road to confirmation, Pompeo faces committee vote

WASHINGTON (Reuters) – The Senate Foreign Relations Committee will vote on Monday on President Donald Trump’s nominee to be secretary of state, CIA Director Mike Pompeo, who could be the first nominee for the position not to win support from the panel. That wo... More »

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The financial impact of Trump’s tariffs on steel and aluminum

DETROIT (Reuters) – If U.S. President Donald Trump goes ahead with sweeping tariffs on steel and aluminum imports, it could lower profits for companies making everything from pickup trucks to canned soup, or result in higher prices for consumers. Trump has thr... More »