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...

  • Obama: Myanmar won't succeed if Muslims are oppressed

    Obama: Myanmar won't succeed if Muslims are oppressed

    By Reuters

    KUALA LUMPUR (Reuters) - U.S. President Barack Obama said on Sunday that the rights of Myanmar's minority Muslim population were not being fully protected and warned that the Southeast Asian country...

  • EU parliament flexes muscles despite skeptics' rise

    EU parliament flexes muscles despite skeptics' rise

    By Paul Taylor, Reuters

    PARIS (Reuters) - At each election since Europe's unique experiment in cross-border democracy began in 1979, the percentage of voters casting ballots for the directly elected European Parliament has...

  • Obama says U.S. committed to supporting MH370 search

    Obama says U.S. committed to supporting MH370 search

    By Matt Spetalnick and Morag MacKinnon, Reuters

    KUALA LUMPUR/PERTH, Australia (Reuters) - U.S. President Barack Obama said on Sunday that the United States was fully committed to providing more assets to assist in the search for missing Malaysia...

  • Malaysia PM says agreed with Obama to upgrade ties

    Malaysia PM says agreed with Obama to upgrade ties

    By Reuters

    KUALA LUMPUR (Reuters) - Malaysian Prime Minister Najib Razak said on Sunday that he and U.S. President Barack Obama agreed to upgrade the two countries' ties to a "comprehensive partnership." "This...

  • Activists rally in Cairo against law curbing demonstrations

    Activists rally in Cairo against law curbing demonstrations

    By Reuters

    CAIRO (Reuters) - Hundreds of Egyptian activists demonstrated on Saturday against an anti-protest law, one month before a presidential election which former army chief Abdel Fattah al-Sisi is widely...