Recent Theoretical Developments in B -> X_s l^+ l^- Decays

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We present a concise review of the theoretical status of the rare semileptonic B -> X_s l^+ l^- decays in the standard model. Particular attention is thereby devoted to the recent theoretical progress concerning, on the one hand the next-to-next-to-leading order QCD calculation and, on the other hand the analysis of phenomenological important subleading electroweak effects.
7 pages, 1 figure; Talk given at XXIXth Rencontres de Moriond Electroweak Interactions and Unified Theories, La Thuile, Aosta Valley, Italy, March 21-28, 2004

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