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...

  • Obama says global climate deal must include emerging economies

    Obama says global climate deal must include emerging economies

    By Valerie Volcovici, Reuters

    UNITED NATIONS (Reuters) - U.S. President Barack Obama said on Tuesday a new global agreement on climate change must include strong commitments from emerging economies and move past the rich-poor...

  • Exclusive: U.S. told Iran of intent to strike Islamic State in Syria - source

    Exclusive: U.S. told Iran of intent to strike Islamic State in Syria - source

    By Parisa Hafezi and Louis Charbonneau and Arshad Mohammed, Reuters

    UNITED NATIONS (Reuters) - The United States informed Iran in advance of its intention to strike Islamic State militants in Syria and assured Tehran that it would not target the forces of Syrian...

  • Vietnam

    Why U.S. May Lift Its Arms Embargo on Vietnam

    By LESLEY WROUGHTON and Andrea Shalal, Reuters

    Nearly 40 years after the United States helicoptered its last soldiers out of Vietnam in an ignominious retreat, Washington is moving closer to lifting an arms embargo on its former enemy, with...

  • U.S. forecasts more than 500,000 Ebola cases in West Africa

    U.S. forecasts more than 500,000 Ebola cases in West Africa

    By Sharon Begley and Tom Miles, Reuters

    NEW YORK/GENEVA (Reuters) - Global experts issued stark new warnings of the scale of West Africa's Ebola outbreak on Tuesday, with the U.S. government estimating between 550,000 and 1.4 million...

  • Iran's Rouhani says ties with Saudis deserve to be warmer

    Iran's Rouhani says ties with Saudis deserve to be warmer

    By Stephen Adler, Reuters

    NEW YORK (Reuters) - The relationship between Iran and Saudi Arabia deserves to be better, though differences between the two oil-producing Middle Eastern states appear to be narrowing, Iranian...