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...

  • Afghan forces hunt militant leader once welcomed under peace process

    By Mirwais Harooni, Reuters

    KABUL (Reuters) - Afghan security forces are hunting a senior Islamist militant allowed to settle in the country in 2011 under a government peace plan but who is now leading hundreds of insurgents...

  • NATO chief, at summit, says Russia attacking Ukraine

    NATO chief, at summit, says Russia attacking Ukraine

    By Adrian Croft and Kylie MacLellan, Reuters

    NEWPORT Wales (Reuters) - NATO's top official accused Moscow outright on Thursday of attacking Ukraine as allied leaders gathered for a summit to buttress support for Kiev and bolster defenses...

  • Indian states on alert after al Qaeda announces local wing

    Indian states on alert after al Qaeda announces local wing

    By Rupam Jain Nair, Reuters

    NEW DELHI (Reuters) - India put several provinces on heightened alert on Thursday after al Qaeda announced the formation of a wing of the militant group in India and its neighborhood, a senior...

  • Iran, U.S. meet as search for nuclear deal intensifies

    Iran, U.S. meet as search for nuclear deal intensifies

    By Stephanie Nebehay, Reuters

    GENEVA (Reuters) - Iran and the United States met in Geneva for bilateral talks on Thursday as international diplomacy intensifies to end a decade-old dispute over Tehran's atomic activities by a new...

  • The Ukraine Crisis Is Great for U.S. Real Estate

    By Dina Gusovsky, CNBC

    Ukraine's ongoing war with pro-Russian separatists and their Moscow benefactors is pushing money out of the region—and into the United States. "I hate to say it, but all this uncertainty and chaos is...