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Top News In Explainers Program Today - Breaking & Trending Today

Explainer: U.S. repo market flirts with negative rates as Fed seeks to absorb excess cash

6 Min Read
NEW YORK (Reuters) - Excess cash in the financial system has pressured overnight interest rates, in some instances pushing them negative, which, analysts said, could prompt the Federal Reserve to lift the short-term rates it manages.
FILE PHOTO: The Federal Reserve building is set against a blue sky in Washington, U.S., May 1, 2020. REUTERS/Kevin Lamarque/File Photo
The overnight repurchase rate, which measures the cost of borrowing short-term cash using Treasuries or other debt securities as collateral, dropped to as low as -0.06% in late March and hit that level again on Wednesday, before stabilizing at around 0.01% on Friday. ....

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Key issues as Tokyo marks 100 days until Olympics

The countdown to the Tokyo Olympics hit the 100-day mark on Wednesday as the Games draw closer to reality after a one-year delay due to the COVID-19 pandemic. ....

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Explainer: How Japan plans to release contaminated Fukushima water into the ocean

Japan plans to release into the sea more than a million tonnes of radioactive water from the destroyed Fukushima nuclear station, it said on Tuesday. Plant operator Tokyo Electric Power Company Holdings Inc (Tepco) will begun pumping out water in about two years after treatment. ....

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Explainer: How worried should we be about blood clots linked to AstraZeneca and J&J vaccines?

7 Min Read
ZURICH (Reuters) - U.S. regulators have recommended pausing the use of Johnson & Johnson’s COVID-19 vaccine as they investigate rare blood clotting in six women, including one who died.
Syringes are prepared to administer the AstraZeneca coronavirus disease (COVID-19) vaccine at a new mass vaccination centre in WiZink sports arena in Madrid, Spain, April 9, 2021. REUTERS/Sergio Perez
J&J also said it was delaying the rollout of its vaccine in Europe. U.S. officials said the temporary halt is expected only to last a few days.
The move comes after Europe’s drug regulator said it had found a possible link between AstraZeneca’s COVID-19 vaccine and very rare blood clots in some adults who had received the shot. ....

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Factbox-'King Bibi' or 'Crime Minister'? Netanyahu's political and legal troubles

4 Min Read
JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu was given the first crack at forming a government on Tuesday, even as his corruption trial moved into its second day of evidence.
FILE PHOTO: Israeli Prime Minister Benjamin Netanyahu, wearing a face mask, looks as his corruption trial resumes, at Jerusalem s District Court April 5, 2021. Abir Sultan/Pool via REUTERS
After a fourth inconclusive election in two years, there is no guarantee that Netanyahu will succeed in unblocking the political stalemate.
Meanwhile, judges will continue to hear testimony in the first of three cases involving charges of bribery, fraud and breach of trust against Israel’s longest serving prime minister. ....

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