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...

  • Nigerian Islamists kill 26 in two attacks: police

    By Reuters

    (Adds details, background) MAIDUGURI, Nigeria, May 21 - Suspected Nigerian Islamist militants killed 26 people in two attacks on remote northeastern villages this week, demonstrating their ability to...

  • Russia says Ukraine election may aggravate crisis

    Russia says Ukraine election may aggravate crisis

    By Reuters

    MOSCOW (Reuters) - Sunday's presidential election in Ukraine will deepen political divisions in the country if there is no end to hostilities and a "road map" to end the crisis is not implemented, a...

  • After 50 years of war, Colombian rebels look to politics

    After 50 years of war, Colombian rebels look to politics

    By Helen Murphy and Luis Jaime Acosta, Reuters

    MARQUETALIA, Colombia (Reuters) - From shallow trenches carved into an isolated mountain range, Manuel "Sureshot" Marulanda led a long battle against thousands of U.S.-backed troops seeking to wrest...

  • Opposition to Thai coup simmers, ex-PM in 'safe place'

    Opposition to Thai coup simmers, ex-PM in 'safe place'

    By Panarat Thepgumpanat and Paul Mooney, Reuters

    BANGKOK (Reuters) - Former Thai Prime Minister Yingluck Shinawatra was in a "safe place" on Saturday after being held by the army following a coup, an aide said, as opposition to the takeover grew...

  • China confronts U.S. envoy over cyber-spying accusations

    China confronts U.S. envoy over cyber-spying accusations

    By Sui-Lee Wee, Reuters

    BEIJING (Reuters) - China summoned the U.S. ambassador after the United States accused five Chinese military officers of hacking into American companies to steal trade secrets, warning Washington it...