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...

  • Liberia hunts escaped Ebola victims as WHO calls for controls

    Liberia hunts escaped Ebola victims as WHO calls for controls

    By Clair MacDougall and Stephanie Nebehay, Reuters

    MONROVIA/GENEVA (Reuters) - Liberia struggled on Monday to track down 17 suspected Ebola carriers who fled quarantine at the weekend, while the U.N. health agency urged affected West African nations...

  • German spying report angers Turkey, embarrasses Berlin

    German spying report angers Turkey, embarrasses Berlin

    By Stephen Brown and Tulay Karadeniz, Reuters

    BERLIN/ANKARA (Reuters) - The German government faced an angry reaction from Turkey and accusations of hypocrisy from its own opposition on Monday after media reports that its intelligence agency...

  • IAEA expects progress by deadline in Iran nuclear inquiry

    IAEA expects progress by deadline in Iran nuclear inquiry

    By Fredrik Dahl, Reuters

    VIENNA (Reuters) - The U.N. nuclear watchdog chief said on Monday Iran had begun implementing transparency measures ahead of an Aug 25 deadline, as part of a long-running investigation into suspected...

  • Israeli air strike kills three Hamas commanders in Gaza

    Israeli air strike kills three Hamas commanders in Gaza

    By Nidal al-Mughrabi and Maayan Lubell, Reuters

    GAZA/JERUSALEM (Reuters) - Israel killed three senior Hamas commanders in the Gaza Strip in an air strike on Thursday and said it would continue to target the group's armed leadership after a...

  • Advancing Ukraine troops take fight to heart of pro-Moscow rebellion

    Advancing Ukraine troops take fight to heart of pro-Moscow rebellion

    By Maria Tsvetkova and Noah Barkin, Reuters

    DONETSK Ukraine/BERLIN (Reuters) - A gun battle broke out in the center of the rebel-held Ukrainian city of Donetsk and residents ran for cover from artillery fire on Tuesday, taking a government...