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...

  • EU says firms like Google and Facebook must meet privacy rules

    EU says firms like Google and Facebook must meet privacy rules

    By Julia Fioretti, Reuters

    BRUSSELS (Reuters) - Companies based outside the European Union must meet Europe's data protection rules, ministers agreed on Friday, although governments remain divided over how to enforce them on...

  • Afghan election front-runner escapes assassination attempt

    Afghan election front-runner escapes assassination attempt

    By Mirwais Harooni and Jessica Donati, Reuters

    KABUL (Reuters) - Abdullah Abdullah, front-runner in Afghanistan's presidential election, escaped assassination on Friday when two bombs blew up outside a hotel where he had just staged a rally,...

  • India's Modi to visit U.S. in September, first trip to Bhutan

    India's Modi to visit U.S. in September, first trip to Bhutan

    By Reuters

    NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi will visit the United States, most likely in September, but his first foreign trip will be a lot closer to home - to the tiny Himalayan state...

  • Putin, Ukraine leader break crisis ice at D-Day event

    Putin, Ukraine leader break crisis ice at D-Day event

    By John Irish and Jeff Mason and Alexei Anishchuk, Reuters

    COLLEVILLE-SUR-MER France (Reuters) - The leaders of Russia and Ukraine held their first talks on Friday since Moscow annexed Crimea, airing ways to end their four-month conflict in a brief encounter...

  • Wind, flooding take three lives in Arkansas and Tennessee

    By Timothy Ghianni, Reuters

    NASHVILLE Tenn. (Reuters) - High winds and flash flooding on Thursday in the south-central United States killed three people in Arkansas and Tennessee, derailed a train in Arkansas and blew off part...