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...

  • How to fix a broken market in antibiotics

    How to fix a broken market in antibiotics

    By Ben Hirschler and Kate Kelland, Reuters

    LONDON (Reuters) - The drugs don't work - and neither does the market, when it comes to antibiotics. When sophisticated bugs that medicines used to kill within days start to fight back and win, all...

  • ECB's Coeure: rates to stay low, Europe needs more investment

    ECB's Coeure: rates to stay low, Europe needs more investment

    By Reuters

    AIX-EN-PROVENCE France (Reuters) - The European Central Bank will keep interest rates very low for a long period of time to ensure monetary stability but euro zone governments must do their part to...

  • Crimea euphoria fades for some Russians

    Crimea euphoria fades for some Russians

    By Olesya Astakhova and Elizabeth Piper, Reuters

    MOSCOW (Reuters) - When she was asked to give up a day's pay to help Crimea, Russian hospital therapist Tatyana could not hide her anger - why should she subsidise others when struggling to make ends...

  • Six Jewish suspects arrested over death of Palestinian teenager

    Six Jewish suspects arrested over death of Palestinian teenager

    By Jeffrey Heller, Reuters

    JERUSALEM (Reuters) - Israel has arrested six Jewish suspects in the abduction and killing of a Palestinian teenager whose death sparked violent protests in Jerusalem and Israeli Arab towns, a...

  • Gunmen kill at least 29 in latest raids on Kenyan coast

    Gunmen kill at least 29 in latest raids on Kenyan coast

    By Joseph Akwiri, Reuters

    MOMBASA Kenya (Reuters) - Gunmen killed at least 29 people in two coastal areas of Kenya in raids the deputy president indicated on Sunday were the work of political rivals, despite Somali Islamists...