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...

  • Ukraine forces kill up to five rebels; Russia starts drill near border

    Ukraine forces kill up to five rebels; Russia starts drill near border

    By Aleksandar Vasovic and Alexei Anishchuk, Reuters

    SLAVIANSK, Ukraine/ST PETERSBURG, Russia (Reuters) - Ukrainian forces killed up to five pro-Moscow rebels on Thursday as they closed in on the separatists' military stronghold in the east, and Russia...

  • India's Modi slams anti-Muslim remarks, ally remains defiant

    India's Modi slams anti-Muslim remarks, ally remains defiant

    By Rajesh Kumar Singh, Reuters

    NEW DELHI (Reuters) - Indian opposition leader Narendra Modi sought to calm fears for religious minorities under his rule on Tuesday, saying he would represent all Indians if they voted for him or...

  • U.S. backs Ukraine, warns Russia with Biden visit

    U.S. backs Ukraine, warns Russia with Biden visit

    By Jeff Mason and Pavel Polityuk, Reuters

    KIEV (Reuters) - In a show of U.S. support for Ukraine's embattled government, Vice President Joe Biden delivered an aid package on Tuesday and demanded Russia back off but also warned Kiev it must...

  • Biden offers Kiev U.S. help, condemns corruption

    Biden offers Kiev U.S. help, condemns corruption

    By Reuters

    KIEV (Reuters) - U.S. Vice President Joe Biden told Ukrainian presidential candidates and members of parliament on Tuesday that Washington was ready to help Ukraine's economy but warned them they...

  • Ukraine peace deal falters as rebels show no sign of surrender

    Ukraine peace deal falters as rebels show no sign of surrender

    By Richard Balmforth and Aleksandar Vasovic, Reuters

    KIEV/SLAVIANSK, Ukraine (Reuters) - An international agreement to avert wider conflict in Ukraine was faltering on Monday, with pro-Moscow separatist gunmen showing no sign of surrendering government...