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...

  • Anti-austerity leftist promoted in French cabinet reshuffle

    Anti-austerity leftist promoted in French cabinet reshuffle

    By Mark John, Reuters

    PARIS (Reuters) - A fierce critic of budget austerity was named French economy minister on Wednesday in a reshuffled government packed with strident personalities, including President Francois...

  • Lufthansa grounded by three-day pilot strike

    Lufthansa grounded by three-day pilot strike

    By Victoria Bryan and Peter Maushagen, Reuters

    FRANKFURT (Reuters) - A three-day strike by pilots at Lufthansa over early retirement, which has grounded Germany's largest airline, shows no sign of ending early after management said there would be...

  • Russia could achieve Ukraine incursion in 3-5 days

    Russia could achieve Ukraine incursion in 3-5 days

    By Adrian Croft, Reuters

    BRUSSELS (Reuters) - Russia has massed all the forces it needs on Ukraine's border if it were to decide to carry out an "incursion" into the country, and it could achieve its objective in three to...

  • Nigeria suicide bombers kill 15 in failed oil facility attack: army

    By Reuters

    ABUJA (Reuters) - Suspected Islamist suicide bombers killed 15 civilians in a failed attack on a state oil company facility in northeast Nigeria, when soldiers at a checkpoint opened fire on their...

  • Thai court takes on new case as PM Yingluck's legal woes mount

    Thai court takes on new case as PM Yingluck's legal woes mount

    By Amy Sawitta Lefevre, Reuters

    BANGKOK (Reuters) - A Thai Court accepted a new case against Prime Minister Yingluck Shinawatra on Wednesday over her removal of the security chief three years ago, compounding her legal problems...