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...

  • Israel expands West Bank hunt for missing teens, Palestinian killed

    Israel expands West Bank hunt for missing teens, Palestinian killed

    By Ali Sawafta, Reuters

    RAMALLAH West Bank (Reuters) - Prime Minister Benjamin Netanyahu prepared Israel for a long drawn-out operation to find three missing teenagers as troops expanded the search into a crackdown on the...

  • In Ukraine, a day of mourning shows nation divided

    In Ukraine, a day of mourning shows nation divided

    By Timothy Heritage and Alessandra Prentice, Reuters

    KIEV/DONETSK Ukraine (Reuters) - Church bells rang out over Kiev's Maidan square and hundreds of mourners bowed their heads in silence on Sunday, a national day of mourning, to honor 49 Ukrainian...

  • NATO says Russia considers it an opponent, prepares Ukraine aid

    NATO says Russia considers it an opponent, prepares Ukraine aid

    By Reuters

    MADRID (Reuters) - NATO is preparing measures to help Ukraine defend itself in its stand-off with Russia, and must adapt to the fact that Moscow now views it as an adversary, Secretary-General Anders...

  • Pakistan army launches big operation after airport attack

    Pakistan army launches big operation after airport attack

    By Haji Mujtaba, Reuters

    MIRANSHAH Pakistan (Reuters) - Pakistan sent troops, artillery and helicopter gunships to the troubled North Waziristan region on Sunday in a long-expected military operation just a week after a...

  • German eurosceptics go mainstream in threat to Merkel

    German eurosceptics go mainstream in threat to Merkel

    By Noah Barkin and Stephen Brown, Reuters

    BERLIN (Reuters) - The Alternative for Germany (AfD) failed to make as big a splash in European elections last month as its eurosceptic counterparts in France and Britain. But that may be about to...