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...

  • Afghan presidential election provokes more than 3,000 complaints

    Afghan presidential election provokes more than 3,000 complaints

    By Mirwais Harooni, Reuters

    KABUL (Reuters) - Afghan authorities have received more than 3,000 reports of violations from last weekend's presidential election, exceeding the tally following a 2009 vote that was marred by...

  • Beleaguered Thai PM pleads for justice, fair treatment

    Beleaguered Thai PM pleads for justice, fair treatment

    By Amy Sawitta Lefevre, Reuters

    BANGKOK (Reuters) - With legal cases against her mounting, embattled Thai Prime Minister Yingluck Shinawatra pleaded on Tuesday for fair and proper treatment from the national anti-corruption...

  • U.S. warns on Iran 'breakout' capability as nuclear talks start

    U.S. warns on Iran 'breakout' capability as nuclear talks start

    By Justyna Pawlak and Parisa Hafezi, Reuters

    VIENNA (Reuters) - The United States said on Tuesday Iran has the ability to produce fissile material for a nuclear bomb in two months, if it so decided, as Tehran and six world powers swung into a...

  • Ukraine accuses Russia of orchestrating separatist moves

    Ukraine accuses Russia of orchestrating separatist moves

    By Richard Balmforth and Lina Kushch, Reuters

    KIEV/DONETSK, Ukraine (Reuters) - Police detained 70 people occupying a regional administration building in eastern Ukraine overnight, but pro-Moscow protesters held out in a standoff in two other...

  • Most midsize SUVs fail tough U.S. crash tests

    Most midsize SUVs fail tough U.S. crash tests

    By Reuters

    (Reuters) - Most of the midsize SUVs did not fare well in a new small overlap front-crash test conducted by an influential U.S. safety group, in yet another jolt to the industry already shaken by...