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...

  • Funds pile into rail car maker Trinity as new safety rules seen

    By David Randall, Reuters

    NEW YORK (Reuters) - Rail car makers, little-known winners of the North American energy boom, are capturing the attention of fund managers and regulators alike. A string of derailments, some of them...

  • Drive to solve old crimes rocks fragile Northern Ireland peace

    Drive to solve old crimes rocks fragile Northern Ireland peace

    By Conor Humphries, Reuters

    BELFAST (Reuters) - Major cracks are appearing in the deal that brought peace to Northern Ireland, and there appears to be no easy fix. Police investigating an unsolved 1972 murder on Wednesday...

  • Side deals with Moscow thwart drive to wean Europe off Russian gas

    Side deals with Moscow thwart drive to wean Europe off Russian gas

    By Henning Gloystein, Reuters

    LONDON (Reuters) - While officials in Brussels were calling for Europe to reduce its dependency on Russian natural gas and negotiate with Moscow as a bloc, Austria was quietly bypassing the European...

  • Sinn Fein's Gerry Adams urges calm after release

    Sinn Fein's Gerry Adams urges calm after release

    By Conor Humphries, Reuters

    BELFAST (Reuters) - Northern Ireland police released Gerry Adams from custody on Sunday and the Sinn Fein leader sought to calm fears that his four-day detention could destabilize the British...

  • Thousands flee Syria rebel infighting

    Thousands flee Syria rebel infighting

    By Reuters

    BEIRUT (Reuters) - Fighting between al Qaeda's Syria branch and a splinter group in eastern Syria has forced more than 60,000 people to flee their homes, emptied villages and killed scores of...