Global Economy
  • Senator Ben Cardin (D-MD) arrives at Democratic Party caucus meeting on Capitol Hill in Washington, U.S., January 19, 2018. REUTERS/Yuri Gripas/ File Photo

    Factbox: What happens in a U.S. government shutdown?

    By Richard Cowan and Susan Cornwell and Amanda Becker and Richard Cowan and Susan Cornwell and Amanda Becker, Reuters

    In shutdowns, nonessential government employees are furloughed, or placed on temporary unpaid leave. Workers deemed essential, including those dealing with public safety and national security, keep...

  • FILE PHOTO: Senator John Barrasso (R-WY) speaks during a press conference on Capitol Hill in Washington, U.S., September 12, 2017.   REUTERS/Joshua Roberts

    No Talk of Ousting Speaker Ryan, Key Conservative Says

    By Reuters

    Many Republicans are unhappy with the deal President Donald Trump reached last week with Democratic leaders to raise the government's debt ceiling and allow it to continue financing federal spending...

  • Venezuela's President Nicolas Maduro waves during a pro-government rally with workers of state-run oil company PDVSA, in Barcelona

    The Crisis in Venezuela Could Send Oil Prices Soaring

    By Nick Cunningham, Oilprice.com

    Venezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets," according to Helima Croft of RBC Capital Markets. The economic, political and security...

  • FILE PHOTO: Arellano, deputy of the Venezuelan coalition of opposition parties (MUD), clashes with national guards during a rally against Venezuela's President Nicolas Maduro's government in Caracas

    The Risk That Could Drive Oil Prices Higher in a Hurry

    By Nick Cunningham, Oilprice.com

    The latest rally in oil prices ran up against a wall yet again, and the same fears about oversupply have not receded in the slightest. The expectation from most oil analysts is that there is very...

  • Emmanuel Macron, head of the political movement 'En Marche!', or 'Onwards!', and candidate for the 2017 presidential election, delivers a speech as he attends a meeting for Women's day in Paris, France

    France Just Made a Big Move Toward a Green Energy Future

    By Bate Felix and Simon Carraud, Reuters

    France aims to end the sale of gasoline and diesel vehicles by 2040 and become carbon neutral 10 years later, Ecology Minister Nicolas Hulot said on Thursday at a presentation of measures to keep up...

  • Revolutionary Armed Forces of Colombia (FARC) lead negotiator Ivan Marquez (C) speaks to the media while flanked by fellow FARC members in Havana November 19, 2014. REUTERS/Enrique De La Osa

    Colombia rebels say army general's capture is part of war

    By Rosa Tania Valdés and Helen Murphy, Reuters

    HAVANA/BOGOTA (Reuters) - Colombia's Marxist FARC rebels justified their capture of an army general in a remote jungle area as a legitimate act of war on Tuesday and urged the government to rethink...

  • FILE PHOTO: A worker cycles near a factory at the Keihin industrial zone in Kawasaki, Japan, November 15, 2017.  REUTERS/Toru Hanai/File Photo

    Euro gains on sentiment data, yen weakens

    By Karen Brettell, Reuters

    NEW YORK (Reuters) - The U.S. dollar weakened against the euro on Tuesday on a better than expected survey of German sentiment and gained against the yen after Japanese Prime Minister Shinzo Abe said...

  • Eurosceptics bring censure motion on EU chief over tax

    By Alastair Macdonald, Reuters

    BRUSSELS (Reuters) - The European Commission faces a censure motion in the European Parliament next week after Eurosceptic lawmakers united to condemn the role its president, Jean-Claude Juncker,...

  • A logo of Takata Corp is seen outside the company's headquarters in Tokyo in this April 12, 2013 file photo. REUTERS/Yuya Shino/Files

    Takata senior VP to testify before U.S. Senate committee

    By Reuters

    The final witness list, provided by a Senate aide, includes Hiroshi Shimizu, senior vice president of global quality assurance for Takata, Scott Kunselman, senior vice president of vehicle safety and...

  • Weaker finance flows could deepen UK current account woes: BoE's Forbes

    By Reuters

    Kristin Forbes, one of the Bank's nine interest rate-setters, said cross-border financial flows had declined sharply after the banking system's near collapse seven years ago and were nowhere near...